Home Money Egypt’s The Address to launch housing project in Sheikh Zayed in 2020

Egypt’s The Address to launch housing project in Sheikh Zayed in 2020

by Maha Essam

Egypt’s The Address Real Estate Development plans to launch a new housing project in Sheikh Zayed City, at the outskirts of Cairo, within 2020, its chairman said on Saturday.

The project comes as part of the newly-founded firm’s scheme to expand in the Egyptian real estate market, Amr Badr added.

“We are negotiating with the New Urban Communities Authority (NUCA) to get a land plot spanning between 20 feddans and 25 feddans in Sheikh Zayed to launch another fully-fledged urban project there,” Badr said.

The company will announce more details about the public-private partnership (PPP) urban flagship within the upcoming period, he added.

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