Castle Development contracts Mena Real Estate Development Consultancy to use its long experience in supporting its current projects in the New Administrative Capital (NAC), and its future projects, Invest-Gate reports.

Under this Contract,  Mena Real Estate Development Consultancy is to provide the necessary technical support for all the Castle Development projects’ activities, including financial studies, project management, V.E procedure during the design development stages, project implementation management, following up the implementation cost, as well as, preparing and following up the marketing and sales plan during the project’s life stages.

The contract is signed by Ahmed Mansour, CEO of Castle Development, and Fathallah Fawzy, chairman of Mena Real Estate Development Consultancy, vice president, and head of Construction Committee at the Egyptian Businessmen’s Association (EBA).

Moreover, the cooperation also includes following up on the workflow and the company’s various departments, including sales, marketing, engineering, procurement, customer service, after-sales services, and others, in order to achieve the best results.

For his part, Fawzy expresses his happiness in cooperating with a promising company such as Castle Development, adding that the company was able, within a few years, to be one of the distinguished and successful companies that enjoy the confidence of its customers in NAC.

In turn, Mansour explains, “This is an important step for Castle Development as it coincides with an important stage that the company will take in the coming period for it intends to pump huge investments in various areas, including the NAC, New Alamein City, North Coast, among others.”

It is worth mentioning that Castle Development is currently working on several projects, the first of which is its residential project “Castle Landmark Project” in NAC, which spans over ​​43 acres in R 7, with EGP 3.7 bn of investments and 1,800 units.
In addition, this project encompasses “Castle Gate” commercial mall, with a total of 196 units, and spans an area of ​​20,000 sqm. The first phase is expected to be delivered in August 2022.