City Edge Developments announces the sale completion of entire units of “Business Tower” and “Nile Heights Tower” projects in the Maspero Triangle area, Invest-Gate reports.
Abdul Muttalib Mamdouh, vice president of the New Urban Communities Authority for Development and Cities Development, expresses his gratitude for what the City Edge has accomplished within the Maspero Triangle project, in cooperation with the Urban Communities Authority within the vision of the Ministry of Housing for urban expansion as a part of the sustainable development goals and “Egypt Vision 2030.”
Mohamed El Dahan, CEO of City Edge Developments, says, “the sale of all units confirms the success of the general vision of Maspero Triangle area as one of the important heritage areas, which is divided into 24 sub-plots being developed by major contracting companies to set up residential, hotel, administrative and commercial projects.”
The “Nile Heights Tower” features 134 administrative units spread over 24 floors, with different areas ranging from 92 to 292 sqm and will be delivered within 12 months. While the “Business Tower” consists of 15 administrative floors, besides the ground floor which contains two commercial units and each floor has 8 administrative units with 120 total administrative units, with areas from 70 to 117 sqm and will be delivered within 12 months.