Treskon Development Commits EGP 3 Bn of Investments in Katameya Business Complex Project in New Cairo

Treskon Development Commits EGP 3 Bn of Investments in Katameya Business Complex Project in New Cairo

Treskon Development has unveiled a new concept in the real estate market, offering lucrative investment opportunities for those seeking to invest in real estate with moderate amounts through its Katameya Business Complex project, Invest-Gate reports.

According to Walid Galal, Chairman of Treskon Development, the Katameya Business Complex project is being developed on a 10,000 sqm area in one of the most vibrant locations in New Cairo, with a total investment of EGP 3 bn.

Situated on the Settlement Ring Road between the Martyr Axis and Mohamed Zaki Square, the project enjoys proximity to key landmarks and renowned areas within New Cairo.

Galal further elaborated that the project is already in progress and will comprise of two parking garages, a ground floor, and three additional floors. Commercial units will occupy approximately 40% of the project area, while the remaining 60% will be allocated to administrative units. The administrative units will range in size from 10 sqm to 850 sqm.

Hani Gouda, the Director of Treskon Development’s commercial sector, emphasized that investing in the Katameya Business Complex project presents an exceptional investment opportunity with a novel concept introduced by the company in the real estate market.

The project offers customers the chance to own a real estate unit starting from EGP 500,000 through the real estate share system. Moreover, investors can expect immediate returns ranging from 25% to 300% over a period of 10 years.

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