PARAGON Developments signs a partnership agreement with real estate consultancy company Savills Egypt to provide help in the operation and management of the PARAGON 1 project in the New Administrative Capital, Invest-Gate reports.

The partnership will be implemented by PARAGON Properties which was launched in NAC to manage smart office building projects owned by PARAGON.

Under the agreement, Savills Egypt will provide consultancy services for PARAGON 1 and PARAGON 2 projects.

The company will also offer a variety of services to the project, including financial services, investment consulting, assessment, planning, and property management.

Bedeir Rizk, CEO of PARAGON Developments, comments: “We believe that achieving profits should not come at the expense of people or the planet. Therefore, we were keen on collaborating with specialized entities dealing with smart projects and learning from their expertise that helps us achieve our desired goals and earn the customer’s trust in our projects.”

Catesby Langer-Paget, Head of Savills Egypt, says: “The project is located in a prime location, designed to become one of the first sustainable administrative buildings in The New Administrative Capital.”