Jnoub Koronfil Developments has officially launched the second phase of its flagship mixed-use project, Najma Walk in New Cairo, following the rapid sell-out of its first phase. The new phase features a variety of units with competitive pricing and flexible payment plans, reinforcing the company’s strong position in Egypt’s real estate market, Invest-Gate reports.

The company’s Board of Directors stated that the launch responds to growing demand and reflects clients’ confidence in the company’s vision, the project’s modern architectural design, and its prime location. Najma Walk is designed to stand out as a high-value addition to the New Cairo market.

Jnoub Koronfil is offering innovative investment solutions, including flexible payment schemes to accommodate different customer needs. The simultaneous launch and start of construction underscore the company’s commitment to timely delivery.

To enhance the project’s investment value, the company announced strategic partnerships with major international operators. An agreement with International Workplace Group (IWG) will see the global leader in flexible workspaces manage and operate Najma Walk’s office spaces under the Regus brand. Meanwhile, Concord Hotels & Resorts will handle hospitality management within the development.

During a launch ceremony, Mr. Mohamed El Nemki, Board Member, highlighted the pivotal role of Egypt’s political and economic stability in supporting landmark projects like Najma Walk. Mr. Mohamed Kadry, Board Member, noted that the country’s economic resilience sends a reassuring message to investors and strengthens confidence in the real estate sector. Dr. Montaser Abdel Baky, Board Member, announced that the company is pioneering income-generating properties in New Cairo, offering guaranteed returns for up to ten years—a rare, low-risk investment opportunity with sustainable yields.

Located in a high-demand area, Najma Walk is set to become a landmark destination, combining commercial, administrative, hospitality, and medical spaces. With its strategic location, strong investment incentives, and innovative vision, the project is positioned to contribute significantly to Egypt’s economic growth and the evolution of integrated urban developments.