El-Shennawy Developments has announced the launch of a new phase in its FINSQUARE project, during the company’s celebration of the 40th anniversary of the founding of El-Shennawy Group, Invest-Gate reports.

Farag El-Shennawy, the Founder of El-Shennawy Group, expressed confidence in the New Administrative Capital (NAC) as a promising national project. The company chose to launch its first real estate development project in the NAC due to its belief in the project’s excellence and its potential for global and regional competitiveness.

The FINSQUARE project marks the company’s entry into the real estate development field. El-Shennawy highlighted that the FINSQUARE project is strategically located in the Financial District, which is one of the most important neighborhoods in the NAC. Its prime location places it in close proximity to key landmarks such as the Central Bank, the monorail station, and the Opera House. Additionally, it is only minutes away from the government district, ministries, Parliament headquarters, and the LRT.

The selection of this strategic location aims to enhance the investment value of the project and ensure a high return on investment for clients.
The FINSQUARE project spans an area of approximately 12,000 sqm and is a comprehensive administrative project comprising two basement levels, a ground floor, seven floors, and a roof.

The project offers units with various competitive advantages, including duplexes and double lofts with private entrances, as well as units with terrace views. The unit sizes range from 41 to 254 sqm. Furthermore, the project includes a parking lot with a capacity of about 134 cars.