Al Sedek Real Estate studies business launch in New Administrative Capital

Shaimaa Al-Aees
1 Min Read

Al Sedek Real Estate is studying to invest in the New Administrative Capital and the North Coast as well as to export real estate.

The company will raise its investments by 60% next year, according to Ahmed Abou Seada, company  Chairperson.

Abou Seada said that the current company’s investments exceed EGP 600m.

He added that the company will implement a number of real estate projects next year, in the Fifth Settlement, Nasr City, Misr El Gededa and Sixth of October City. Additionally, the company will implement projects in the North Coast.

Furthermore, he indicated that the company plans to intensify its existence in foreign real estate exhibitions, as the company has participated in a few local real estate forums.

The company operates in several areas, including Maadi, Heliopolis, Mokattam, the Sixth of October City and has been operating in the Egyptian market for 10 years.

Share This Article
Leave a comment