Cairo – Masaader News
In an effort to strengthen its investments in the Egyptian market and expand its customer base, Al-Futtaim Group Real Estate is participating in Nile Expo, showcasing its flagship project, Cairo Festival City. The exhibition will be held at the Abu Dhabi National Exhibition Center across an area spanning 4,000 square meters from December 14th to 16th, with the participation of major real estate developers in the Egyptian market.
Cairo Festival City is a breakthrough in integrated real estate projects in New Cairo. The project boasts the best location within New Cairo near the main roads network, in addition to the largest shopping center, and a wide range of cafés and restaurants, enabling residents, visitors, and employees to easily enjoy all of the project’s services and amenities. The completion of Cairo Festival City’s various phases is currently underway in accordance to the set schedule, while adhering to the highest international quality standards.
Eng. Ashraf Ezz, Managing Director of Al-Futtaim Group Real Estate, said, “Cairo Festival City’s participation in the exhibition comes as part of its effort to attract more capital to the Egyptian market, reflecting our commitment to reaching out to more customers, by giving them the opportunity to closely discover our range of residential, commercial and administrative projects that will meet various tastes of residents and needs of large companies from around the world, featuring a wide array of services and amenities.”
Cairo Festival City is keen to expand through its project Oriana Villas, spanning 955,000 square meters with 763 villas of various designs in New Cairo’s best location to meet the increasing demand for the project’s units, across its stages. Festival Living Apartments has also witnessed an increasing demand, with completion of the first phase currently underway and delivery scheduled starting the third quarter of 2018. This phase features seven residential mid-rise buildings comprising 340 fully finished apartments across a total of 66,000 square meters. The second phase of Festival Living Apartments has been contracted and construction began in last quarter of 2016.
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