Nawasi Real Estate Development company announced its participation in the 12th edition of the Cityscape Egypt 2023, scheduled to be held from September 20 to 23, Invest-Gate reports.
Amr Hassan, Chief Commercial Officer of Nawasi, stated that the company achieved great success by launching its first project, 3sides shopping mall, which will be a distinctive landmark in Shorouk City, serving about 600,000 people.
The company aims to provide a unique shopping experience to visitors by including major brands and unprecedented entertainment facilities within it. Pointing out that construction rates exceeded 50% of the project size, at rates that preceded the timetables prepared for implementation.
Hassan pointed out that Nawasi’s participation in Cityscape 2023 is the first since its launch in the Egyptian real estate market, as it intends to provide special offers and distinctive discount rates to visitors on commercial and administrative units in its pioneering project in Shorouk City.
He added that the company has prepared to participate in several real estate exhibitions outside Egypt held in many Gulf countries, most notably Qatar, Saudi Arabia, and the Emirates. This comes within the company’s plan to support real estate exports and support the state’s plan in this field.
The top executive stressed that exporting real estate has a major role in providing hard currency in light of the current circumstances, which has prompted the government to take many measures to attract more foreign customers to buy real estate in Egypt, including amendments to the Nationality and Permitting Law.
3sides Mall is the latest project of Nawasi Real Estate Development Company. It is built on an area of 60,000 sqm in partnership with Hassan Allam Holding Company and is located in the most prominent areas of Shorouk City, directly on the Suez Road.