Cred executes an aggressive Expansion Plan in the Egyptian Market

  • Date: 16-May-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
  • Who else needs to know?

Cred executes an aggressive Expansion Plan in the Egyptian Market

Cairo: cred, one of the leading real estate developers in Egypt, launched recently “ever”, its latest flagship project in West Cairo, in Collaboration with the New Urban Communities Authority (NUCA). The new project extends over a total area of 40 acres with EGP 9 billion of investments. The announcement came during the press conference held by cred at St. Regis Cairo Hotel, attended by Eng. Ahmed Mansour, cred CEO and top officials of NUCA.

Adjacent to Mall of Arabia, with easy access from all directions, “ever” occupies a strategic location on 26th of July Corridor in West Cairo, and represents a solid example of real estate developments in the local market. The project relies on a creative approach for designing and master planning, which strongly evident in the utmost utilization of every single area, while offering residents an integrated living experience characterized by safety, convenience and accessibility wherever they go. “ever” is a mixed-use development comprising residential, commercial, administrative, medical and hospitality components under one roof. The total built-up area of “ever” amounts to 220,000 sqm and comprises 42 buildings, 36 out of which are residential buildings. The project’s exclusivity creates an integrated community and a differentiated lifestyle like no other.