Egyptian pound firms slightly against dollar in early Sunday trade    Egypt, Norway's Scatec explore deeper cooperation in renewable energy    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt's EDA, Korean pharma firms explore investment opportunities    CBE, banks to launch card tokenization on Android mobile apps    CIB completes EGP 2.3bn securitization for GlobalCorp in seventh issuance    Ex-IDF chief says Gaza war casualties exceed 200,000, legal advice 'never a constraint'    Right-wing figures blame 'the Left' for Kirk killing, some urge ban on Democratic Party    Egypt's FM heads to Doha for talks on Israel escalation    Egypt strengthens inter-ministerial cooperation to upgrade healthcare sector    Egyptian government charts new policies to advance human development    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt expresses condolences to Sudan after deadly Darfur landslides    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



First Group showcases two projects in Everest Real estate Exhibition in Kuwait
Diversity of real estate sector in Egyptian market adds to its regional competitive advantages
Shaimaa Al Aees Published in Daily News Egypt on 04 - 03 - 2019

First Group for Real Estate Investment has showcased its two commercial and administrative projects, Kazan Plaza Mall and Kaya Plaza projects in the Sixth of October City, at west Cairo in the Everest Real estate Exhibition in Kuwait.
The exhibition was held from 27 February to 2 March with the participation of Egyptian and Arab real estate companies.
The Chairperson of First Group, Bashir Mostafa, said that the company is keen to participate in foreign exhibitions, namely in Arab countries, within its strategic plan to export property, which has recently enjoyed tremendous opportunities, especially among Arab and Egyptian expatriates.
Mostafa added that real estate export has become an important step which is necessary in order to benefit from Egypt's real estate potential, particularly with the large urban expansions and the establishment of new cities, in addition to the full support of the government toward this file, which increases the competitiveness of the Egyptian real estate market externally.
Furthermore, Mostafa pointed out that the diversity of real estate product in the Egyptian market comprises residential, commercial, medical, and administrative units that are implemented at the highest level of quality in a market with a large population which adds to competitive advantages of Egypt's property in the region.
He noted that the Kazan Plaza Mall is being developed in the Sixth of October City, opposite to Mall of Arabia, and the company has directed EGP 300m in the project's investments.
The project includes commercial and administrative units, comprising of medical units as well. It includes four buildings encompassing commercial shops, administrative offices, and medical units, with spaces ranging between 50 and 600 sqm, he elaborated.
Commenting on the Kaya Plaza project, he said that the total investment of the Kaya Plaza project is EGP 900m, which is the commercial part of the Kenz Compound project.
“Likewise, it is planned to be delivered by the end of 2020, and includes administrative units and medical clinics that will be sold, in addition to commercial units which will only be rented and self-managed. The mall is located on an area of 12,000 sqm, with two basement floors which are used as a parking lot for the project,” he noted.

Clic here to read the story from its source.