GlobalCorp and Mountain View signs a leasing facility agreement to finance with EGP 450,000,000

GlobalCorp and Mountain View signs a leasing facility agreement to finance with EGP 450,000,000

Hatem Samir, Founder, CEO & MD of GlobalCorp, stated: “[We’re glad to support the real estate industry, developers, and projects. It is our belief that the real estate industry is vital in contributing to the strength of the Egyptian economy. We have a long-term partnership with Mountain View for development and real estate investment with substantial milestones achieved together and we look forward to accomplishing more through different upcoming agreements and strategic partnerships to support their business growth. In GlobalCorp, we continue to support this promising sector in terms of providing the tools necessary for financing expansions at various levels. Additionally, we have fostered solid relationships with various sectors in Egypt providing them new with innovative financing solutions”.

Ghada Nour, Group CEO-Investment & Assets management of Mountain View - DMG, stated:

“Mountain View grew significantly over the last couple of years, in terms of sales volume, size of investment, and land bank, becoming one of the top developers in the market. Given this growth, Mountain View is seeking innovative financing solutions to support its investment & growth plans for the coming 5 years. We are pleased to announce the successful closing of a leasing agreement of EGP 450M with GlobalCorp with competitive