Egypt's IGI Real Estate has completed 50% of its marketing campaign for the third phase of Hay Al Ashgar Project, said sales and marketing director Tarek Bahaa. Bahaa also told Amwal Al Ghad that his company targets a full completion of the marketing program of Hay Al Ashgar – Phase III Project by the beginning of 2015. Moreover, IGI is currently implementing the fourth and final self-financed phase of Hay Al Ashgar Project, with investments worth EGP 100 million. The fourth phase is due to be completed in 2016, comprising 13 residential buildings of 130 units at spaces ranging between 140-170 metres for each unit. IGI Real Estate, a wholly-owned subsidiary of the International Group for Investment (IGI), and has pioneered in the delivery of premium residential properties in Egypt for the last fifteen years. IGI was the first company to introduce the concept of "Residential Compounds" to the Egyptian market in 1997, and has since continued to pioneer these developments in the suburbs of Cairo.
