Memaar Al-Ashraf signs with JARA to manage and operate THE CORE project in New Cairo

  • Date: 03-Nov-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Memaar Al-Ashraf signs with JARA to manage and operate THE CORE project in New Cairo

- Engineer Ahmed Amin Masoud: The project is unique and a golden investment opportunity

The project covers an area of 3500 SQM with investments amounting to about 300 million pounds Engineer Hassan Al-Zonfoly: We seek to manage and operate the project according to the highest international standards Memaar Al-Ashraf for Real Estate Development has announced the signing with JARA for Property and Facility Management to manage and operate THE CORE Mall, Memaar Al-Ashraf’s latest project in the most distinguished area in New Cairo.

The contract was signed between the two sides, Engineer Ahmed Amin Masoud, CEO of Memaar Al Ashraf, and Engineer Hassan Al-Zonfoly, CEO of JARA.

Engineer Ahmed Amin Masoud praised the cooperation with JARA, stressing that it is one of the largest companies locally and internationally, and has a strong and successful business history in the Egyptian market.

He added that THE CORE Mall uniqueness lies in being the first project in New Cairo that includes rental units for international brands and is a golden investment opportunity for all customers, and the first and largest commercial mall serving a densely populated area in the heart of the Lotus, stressing that cooperation with JARA will have a massive echo in the Egyptian real