By Hamed Mahmoud
“Al-Tameer Arabian for Development and Real Estate Investment, the “Saudi-Egyptian” partnership firm, had completed selling the total units of its latest project, “Reivan Tower” in the New Administrative Capital, within two hours of the project being put up for sale, with the participation of 19 real estate marketing companies.
Ahmed Osama, head of commercial sector of Al Tameer Arabian said that, “Rivan Tower” project witnessed a massive interest by our clients; hene two hours of the sale was enough period to complete reservations of the total units of the project, which included hotel, commercial and administrative activities in various areas.
Osama explained that this success achieved by the company since its presence in the local market is due to the confidence of its customers in the real estate product that the company offers in its three projects in the New Administrative Capital and the efforts of real estate marketing companies, partners of success for any real estate developer. As soon as the projects are announced, the company received reservations that exceeded 50 per cent of the total units before the official launching, and the company finished selling the total units of the project within two hours.
The head of the commercial sector added that 19 real estate marketing companies participated in the sale of the project units and thanked them for this intense effort, and that the company is looking forward to granting these companies additional benefits during the coming period with the projects they offer, especially as they are partners of success and the unknown soldiers in achieving the targeted sales.
The head of the commercial sector indicated that Al-Tameer Arabian Company succeeded in a short period in the real estate market to exceed its investments to more than LE5 billion in the real estate sector, unlike other investments, which would stimulate the company to expand in this promising market and it is planned to attract new Gulf investments during the course of the year.
