Savills signs an exclusive leasing agreement with Iwan Developments for three of its projects in Sheikh Zayed, namely; Atrio, Nine Yards and E-Plaza, Invest-Gate reports.
The commercial space of the three projects combined totals 18,500 sqm and opens in the next 24 months.
Head of Savills Egypt Catesby Langer-Paget comments on the agreement, saying, “We are delighted to take on this project with Iwan Development [which] guarantees the fulfillment of their urban communities’ vision. We are working to present a model that combines entertainment while providing a commercial element, a model that offers residents in these areas shopping centers and the most famous restaurants all in one place.”
On his part, Eng, Waleed Mokhtar, CEO of Iwan Development, says, “This initiative is part of a commitment we have made to our customers to provide a luxurious living experience and high-quality services that caters to their daily needs.”
Mokhtar adds, “Savills’s vision is in line with our vision by focusing on influencing innovation from the earliest stages to the delivery stage, with attention to detail that provides distinct value to both company and our customers. We are pleased to have such a successful partnership that aims mainly to enhance our technical and operational capabilities to develop new solutions and services that we offer to our customers. “