Unified Development is planning to offer a new project in the New Administrative Capital after completing 30% of construction, Invest-Gate reports.
Mahmoud Al-Mansi, Chairman of Unified Development, notes that the Egyptian real estate market is very attractive to many Egyptian investors whether in Egypt or abroad.
Al-Mansi expects a boom in real estate sales in 2023.
The top executive reveals that the company’s new project in the NAC’s Downtown area is a commercial and administrative mall and its is launched with EGP 400 mn investments.
It is worth noting that Unified development’s first project in NAC is British International Kaizen School. The project is situated on 16,800 sqm in NAC’s R7 district.