Dahab Development sells 70% of the first and second phase of the Iconic Trinity Complex (ITC) project in New Administrative Capital in 5 months, in cooperation with the project’s marketing and sales advisor IDEA Group, Invest-Gate reports.

Nader Moawad, Chairman of Dahab Urban Development, comments that the company is expanding and increasing its investments in the Egyptian market, in line with Egypt’s urban development plans.

Youssef Moawad, Vice Chairman of Dahab Development, notes that the project attracts EGP 1 bn investments and is located in NAC’s MU-23 area.

He adds that the project is located on 25,000 sqm with a 30% built-up area estimated at 2,450 sqm per floor, divided into a ground floor and 9 floors.

The building comprises two basements and a 16,000-sqm garage with the capacity to accommodate 600 cars.