Ora Developers Egypt Group to acquire new land in Egypt’s El Sheikh Zayed Extension

Ora Developers Egypt Group to acquire new land in Egypt’s El Sheikh Zayed Extension

- The real estate developers also have a representative office in Dubai to engage with the UAE public, promote their real estate portfolio, and facilitate the processes of concluding contracts between the company and its clients

Dubai, UAE – Ora Developers Egypt Group, one of the market’s leading real estate companies, has announced that it is currently closing an acquisition deal of 316-feddan area of land in El Sheikh Zayed Extension in the west of Cairo, to use for its latest mixed-use development project in Egypt.

The land acquisition was part of an EGP 24 billion investment, to develop a project that will enclose single family residential units, in addition to non-residential facilities that will include retail, sports facilities, a clubhouse, a school, in addition to the outdoor communal spaces to encourage activities and interactions. All units will be delivered fully finished. The project’s architectural vision will be built upon the pillars of proximity, functionality, openness, integration and timelessness. The prestigious architectural firm SB Architects has been awarded the master-planning and the architectural designing of the development.

“This acquisition will help us, at Ora Developers Group, expand our diverse project portfolio with a whole new elevated experience, and guarantee clients that we will