Anchor Developments, a new real estate development arm of Alsarh Holding Group, enters the real estate market with a robust investment plan and initial investments of EGP 10 bn, Invest-Gate reports.
The launch event took place at Hurghada with the presence of Rekaz’s CEO, employees, clients, and brokers.
The step falls in line with the government’s strategy to carry out its climate agenda and achieve sustainability.
More than 1,200 players from 44 countries will compete in eight sports from November 10th to 12th at the Sports City “Nadi El Nadi” club in the NAC.
The company is set to deliver projects in the two governorates in December 2022.
The company markets around 65% of the project within three months of its launch and completes 92% of the project’s construction works in preparation for delivery in 2023 Summer.
Under the agreement, Makadi Heights’ homeowners will be able to cover maintenance and renovation through valU’s flexible and accessible payment plans.
She notes that sales of the second project exceed EGP 500 mn for 60% of the project.
Ahmed Badr El-Din, CEO of Badr El-Din for Construction, states that the 205 Project includes 30,000 sqm of entertainment services, in addition to residential, administrative, and commercial zones.
The company will also offer a variety of services to the project, including financial services, investment consulting, assessment, planning, and property management.
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