SKY AD. Developments unveils its third project, Blue Tree in new Cairo with EGP 8bln in investments

SKY AD. Developments unveils its third project, Blue Tree in new Cairo with EGP 8bln in investments

Cairo: SKY AD. Developments, the subsidiary of Diamond Group, has launched its latest prominent project, Blue Tree, located in last remaining distinctive plot in the heart of New Cairo, the Golden Square with total investments worth EGP8bn. Spanning over 50 acres, the mixed-use project includes residential, commercial, and administrative units offering luxurious and sustainable living space.

The launch of Blue Tree comes after two years of SKY AD.’s commencement in the Egyptian real estate market; as part of the company's expansion plan regionally and globally following its monumental success in the UAE’s market, and swiftly enhancing consumer confidence by leveraging its reputation as a developer that utilizes high standards in establishing integrated luxurious projects.

The announcement came during a press conference held today where the company’s top executives were present, most prominently H.E Saleh Mohammed Bin Nasra, Owner of Diamond Group, Eng. Abdel Rahman Agami, CEO of Diamond Group and Sky AD. Developments; Mr. Mostafa Salah, CCO of Sky AD. Developments; and journalists and media representatives,

The newly announced Blue Tree project aligns with SKY AD. Developments’ strategy to provide integrated urban projects with state-of-the-art smart systems and innovative designs, enhancing the local real estate market with modern and diverse options, the project