Mabany Edris For Real Estate Investment is gearing up to launch the second phase of Central Avenue, a comprehensive complex offering clinics, offices, and commercial spaces in Sheikh Zayed City, Invest-Gate reports.

The first phase of the project received great acclaim and success, which has set the stage for the upcoming phase.

The total investments in the project amount to EGP 600 mn, and its key feature is its strategic location on El-Bostan Street, one of the prominent areas in Sheikh Zayed City.

The proposed second phase of Central Avenue includes 63 units, encompassing medical clinics, offices, commercial spaces, warehouses, and open areas.

Central Avenue stands as the first administrative and medical complex in the area, designed with modern technology and fully equipped to accommodate various business activities based on their specific requirements.

Mohamed Edris, the CEO of Mabany Edris, emphasized the company’s collaboration with Design Avenue for the project’s design. The construction of Central Avenue will incorporate the latest construction methods and sustainable technologies. The completion of construction and the opening of the complex are scheduled for 2025.

Regarding the investment plan of Mabany Edris, the company aims to inject investments worth EGP 2 bn into the Egyptian market across several projects in West Cairo, the North Coast, and Upper Egypt. This demonstrates the company’s commitment to expanding its presence and contributing to the development of various regions in Egypt.