Investwell Real Estate Consultancy announces the signing of the facilities and services management contract for the Avalon New Cairo and Avalon New Capital projects with Leeds Facilities Management Company (LEEDS -TFM), Invest-Gate reports.

The contract includes full services and facilities management for the two projects. The contract was signed during a press conference, according to a company press release on March 29.

“Facilities and maintenance management are one of the most important elements of operating, sustaining, administrative and commercial buildings to preserve their investment value and maximize the efficiency,” Moataz Abdel Shafi, chairman of the WASSETS, is quoted as saying.

He further adds that the Avalon New Capital project consists of two integrated services buildings on an area of ​​8,400 meters in the New Administrative Capital. Each building consists of a ground floor and seven floors with an extended facade of 170 meters, with a total investment of EGP 1.4 bn and a total sales area estimated at 33,000sqm, with various spaces starting from 70 m.

The project is considered the best project in the capital in terms of design, site selection, and interior design of the building, he confirms.

AVALON NEW CAPITAL features a range of distinctive services in the capital with fully-finished and equipped offices for rent serviced offices, lounge terrace, meeting rooms, a three-storey high entrance, roof garden a gym, and a cafe, the statement reads.

Moreover, he adds that the second phase of the project includes administrative offices with an open view of Avalon New Capital Park, on an area of ​​12,000 sqm of green spaces, according to the statement.

On his part, Sherif Abdel Shafi, the main founder and chairman of Investwell, says that the commercial consultant for the project had completed the necessary market studies before implementing the project to understand the customers’ needs. “The project is scheduled to be delivered in June 2023, and work has already started at the site, the first phase has been sold for 11,000 meters,” he highlights.