Leading real estate company Golden Town Developments has made significant progress on its Fort Business Complex and Cascada Business Complex projects, said Chairman Raafat Maher.
Maher said the company sold out the entire first phase of Dinero Tower, a mixed-use project in the New Administrative Capital (NAC), in just one month.
Maher added that the company has ambitious plans to invest around 5 billion Egyptian pounds in the near future and launch residential, commercial and administrative projects in different cities.
Mr. Maher explained that Cascada is a mixed-use project located in the downtown area of NAC, with an area of 2,664 square meters. The project will have one floor above ground and 10 floors above ground, with an investment of approximately 500 square meters and a sales value of approximately 750 million Egyptian pounds. He added that the project offers a variety of services and facilities to meet the needs of customers.
He also said that the company’s new project, Dinero Tower, is a smart building that complies with fifth generation technology and ICT building systems. The project includes his 15-story building, which includes commercial and administrative facilities, as well as a two-story food court and serviced apartments.
He said the project has achieved ISO 41001 certification for management and operational procedures, which ensures that the building is operated in accordance with the highest international standards. He said the project is designed to attract major international organizations seeking modern and efficient workspaces.