Egyptian real estate developer, Concept Development, is preparing to launch its first project in the New Administrative Capital (NAC) during the first quarter (Q1) of 2021, according to the company’s Chairperson Ehab Aboelmagd.
Aboelmagd told Daily News Egypt that the project is a commercial, administrative, and medical mall that boasts various units of varying sizes, that are spread out across a ground floor and eight floors above, as well as a garage.
Located in the NAC’s Downtown Area near Al Masa Hotel and close to the Bin Zayed Axis, the project is being implemented according to the Administrative Capital for Urban Development Company’s (ACUD) requirements. This includes the use of the latest technology in service buildings, Aboelmagd said.
