NM Home Real Estate and GO ADS for Projects Management have jointly initiated the inaugural phase of their project in New Cairo City, unveiling “The Office Business Hub,” Invest-Gate reports.

This venture offers fully serviced and completed office spaces tailored to diverse business needs.

The collaboration between NM Home Real Estate and GO ADS aims to introduce a comprehensive business complex that addresses the evolving requirements of the Egyptian market.

Karim El Zahar, CEO of The Office Business Hub, revealed plans to introduce six additional phases to the project, expanding the office space to cover 20,000 sqm by September 2024. “The goal is to provide a wide spectrum of services catering to the operational needs of businesses,” he said.

Moreover, the strategic location selection for “The Office” stems from a thorough market analysis, particularly in the TULIP NARCIS Hotel Business Complex area. This decision was prompted by the high demand for office spaces across various sectors, showcasing the project’s alignment with market needs.

Also, El Zahar underscored the persistent gap between the demand and availability of furnished office spaces in Egypt. He emphasized that “The Office” intends to bridge this gap, offering professionals an environment conducive to creativity, networking, and harmonious work-life balance.

Furthermore, El Zahar emphasised its cost-effectiveness for companies by highlighting the perks of the co-working spaces within The Office Business Hub. The hub provides essential amenities without additional charges and boasts on-site IT support to address any technological concerns swiftly.

The collaboration between NM Home Real Estate and GO ADS seeks to revolutionize the workspace landscape in New Cairo City, presenting a dynamic solution to the escalating demand for modern, fully equipped office spaces in the Egyptian market.