NTG Developments has announced the launch of its newest real estate project, The Node, located in one of the most strategic areas of New Cairo, with investments surpassing EGP 5 bn, Invest-Gate reports.
Additionally, NTG revealed the signing of strategic partnerships with several prominent collaborators. These partnerships include agreements with Ahmed Moharram, Chairman of ACE Moharram Bakhoum; Nader Fouda, co-founder of LDP+ Partners; and Sherif Emad and Ahmed Gamal, founders of Boegow, a company under the Lxias Group that owns Long Black.
These well-established entities bring a wealth of expertise in various fields and will play a key role in supporting NTG Developments across all its future projects.
Ezzat Azmy, Chairman of NTG Developments, stated that the new project is part of the company’s strategic expansion plan, aiming to diversify its investment portfolio and establish a presence in distinguished strategic locations. A site was selected that aligns with The Node project’s activities and meets the requirements of the target customers.
Furthermore, George Massad, Head of Sales at NTG Developments, highlighted that the project is situated directly on Mohamed Naguib Axis, placing it in a prime location within New Cairo.
The site stands out for its proximity to key areas in the Fifth Settlement, being just 10 minutes from the American University in Cairo (AUC), 10 minutes from the German University in Cairo (GUC), two minutes from the Ring Road, two minutes from Ain Sokhna Road, and only five minutes from Golden Square. This strategic location ensures easy access to all major roads and surrounding routes.
Moreover, Shenouda Zarei, CEO of NTG Developments, stated that the project is a mixed-use development, combining commercial, administrative, and medical spaces, with a ground floor and four additional floors. It will offer administrative units starting from 36 sqm, commercial spaces from 46 sqm, and medical units starting from 36 sqm.
The project will also feature two parking garages to accommodate all visitors. The architectural design is modern, catering to the needs of both unit owners and their visitors.