Menassat launches Eclipse a business space in New Cairo

Menassat launches Eclipse a business space in New Cairo

Mr. Moataz Shalaby: The project includes approximately 160 commercial, administrative, and medical units, suitable for all business sectors Menassat Developments launched its latest project, Eclipse, in the heart of New Cairo. Spanning 4,360 square meters on North Teseen Street, Eclipse is located next to the Administrative Control Authority, the Banks District, and the main roads and landmarks of New Cairo, with total investments amounting to approximately EGP 600 million.

“In less than ten months, we introduced two new projects to the Egyptian real estate market: Podia and Eclipse. Podia Tower is a commercial, medical, and administrative tower in the New Administrative Capital, and its sales reached nearly 40% in only nine months. Today, we’re launching our latest project, Eclipse, which is an integrated retail and business complex. This year, our investments reached approximately EGP 900 million Egyptian,” said Tarek Bahaa, CEO of Menassat Developments.

Bahaa stressed that Menassat Developments aims to offer integrated and sustainable urban communities, developed according to the highest standards, with a high investment value for owners. He explained that the company is working on obtaining the Fitwel certification, the world's leading certification system committed to building health for all, and LEED, the most widely used green building rating