Global Urban Developments, El Shennawy Group Form Strategic Alliance to Develop Finsquare Mall in NAC’s Financial District

Global Urban Developments, El Shennawy Group Form Strategic Alliance to Develop Finsquare Mall in NAC’s Financial District

Mahmoud Omar, Managing Director of Global Urban Developments, and Omar El Shennawy, Chairman of El Shennawy Group, signed a contract to develop and launch Finsquare Mall in the distinguished financial district of the New Administrative Capital (NAC), Invest-Gate reports.

Under the contract, Global Urban Developments and El Shennawy Group will collaborate on the development and implementation of Finsquare Mall.

Finsquare Mall is situated on an area of 6,000 sqm in the NAC’s financial district, near the Mohammed bin Zayed Axis and just 10 minutes from Al Amal Axis.

It is also close to prominent landmarks such as the Iconic Tower, the Green River, the Presidential Palace, the Parliament, the International Airport, and Al Masa Hotel.

Additionally, it is only five minutes from the Egyptian Opera House and adjacent to the Egyptian Exchange and the Central Bank.

The mall consists of two floors, a basement, and a ground floor, along with seven upper floors. The project includes administrative and commercial units distributed across these levels.

The two companies are committed to providing exceptional services for the project, with a construction ratio of 30% of the land area. Green spaces, landscaped areas, and recreational facilities will be available for employees.

ERM has been contracted to provide project management services due to its extensive expertise in the field. MK Office is responsible for the engineering consultancy work, ensuring that Finsquare Mall is implemented to the highest quality standards while incorporating the latest sustainability measures.

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