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.
Cancellations record 8% of contracted sales, aggravated by EGP 576 mn cancellations on SODIC’s 464-acre project in New Zayed due to the project’s temporary suspension.
Alaksharreveals that the project includes a ground floor and 14 other commercial and administrative floors with investments of around EGP 700 mn.
The qualified projects include accessibility solutions for water, future networks, applications, analytics, and cybersecurity.
The solar plant spans over an area of 245,000 sqm, with investments worth EGP 97 mn.
The reverse marketplace will conduct reverse auctions for renting properties, linking landlords and tenants.
ORE is the owner of O West, which is a mega real estate development located on 4.2 sqm in West Cairo.
Talaat Mostafa, CEO and Managing Director of Talaat Moustafa Group Holding notes that the state has enabled the private sector to engage in a successful experience with fully-serviced urban communities that satisfy Egyptian citizens.
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