El Attal launching Park Lane commercial part in Egypt new capital this month

Egypt’s real estate developer El Attal Holding says it will launch this month a commercial part of its residential flagship Park Lane Compound in the country’s new administrative capital.

“We are close to achieve our target sales from Park Lane this year, which amounts to 1 billion Egyptian pounds ($60.6 million),” said its chairman Ahmed El Attal on Sunday.

Spanning over 15,000 square metres, Park Lane will include 1,100 housing units and will be completed in three phases, El Attal earlier said.