The Ark Development Seals Property Management Agreement with Savills

The Ark Development Seals Property Management Agreement with Savills

The Ark Development signs an agreement with Savills to provide property management and strategic consultancy services for the Ark’s new business district, Invest-Gate reports.

Located at the heart of New Cairo, the project spans over 92 feddans in a unique strategic location at the intersection of the South 90th Street and Mohamed Naguib axis.

The project includes a vast business district, high-end retail, hotels, a cultural, and entertainment center, an urban park, and a residential neighborhood.

“We aim at The Ark Development to leave a strong footprint in the Egyptian real estate sector, so we were keen to cooperate with Savills, which has an extensive experience in the field of real estate consultancy,” CEO of The Ark Development Company, Osama Aboualam, adds.

Head of Savills Egypt, Catesby Langer-Paget, also comments: “It is a pleasure to collaborate with The Ark Development on such an ambitious and prestigious project. We are honored to have been chosen to consult on the design, the building’s systems, and how to incorporate operations smoothly from the construction phase to provide a seamless consumer experience and futuristic operational management.”

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