The event included a wide range of workshops, panel discussions, presentations, and research, allowing for interactions between officials and experts in the real estate sector.
The new destination will be located in The Groove Sokhna Resort’s retail area, in Ain Sokhna region.
Several themed days for focused discussions have been designated, which will include side events, panel discussions, and roundtables.
The agreement includes allocating lands for measurements and technical studies required for the project, in preparation for negotiating the project’s final contracts.
The decree provides for the allocation of two pieces of land spanning 60.72 and 6.99 feddans in Manshiyat Naser and Rawdat Eilsaida 2, in Cairo.
Under the agreement, Business Loop will conduct demographic and market studies for locations of Mawten’s projects to attract successful brands.
Central Avenue is an addition to the company’s outstanding and diverse projects launched in the Egyptian market over more than 20 years, in Cairo and Upper Egypt.
Mohammed Rashid, CEO of MRB, notes that the agreement includes conducting all the project’s marketing and sales studies, as well as the operational design and plans of activity distribution, residency, lease, and project management.
During the exhibition, the housing ministry presents investment opportunities in areas affiliated with the New Urban Communities Authority (NUCA) and organizes forums and an international press conference to introduce opportunities in the Egyptian real estate market.
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