Chairman of Pyramids Developments Hesham Elkhouly said the company has managed to log EGP 800 mn in sales of its fourth commercial project in the New Administrative Capital (NAC), Paris Mall, just after 15 days of its launch, Invest-Gate reports.

On July 10, the Egypt-based developer announced the commencement of construction works at Paris Mall. With a built-up area of over 32,600 sqm, the new spot will boast commercial, administrative, and medical units, with spaces starting from 18 square meters. They will be offered at a 0% downpayment and payment plans of up to 15 years, the chairman earlier uncovered in a statement.

Pyramids Developments has also launched three other malls in the new capital during the past period, namely La Capitale, Champ Elysees, and Grand Square Mall. In addition, it proclaimed back in March its intentions to unveil two tourism projects on the North Coast and New Alamein in the second half of 2019.