Capital Link Development intends to launch its expansion plan in real estate market during 2022, which includes various projects between residential and tourism inside and outside the Administrative Capital.
Ali Gaber, Chief Commercial Officer at Capital Link, said that the company has a strong portfolio of projects in the New Administrative Capital, which includes 4 projects in Downtown district, which are “Verona”, “Solano”, “Dorado” and “Laval” projects, explaining that they are administrative commercial and medical projects occupies distinctive locations in Downtown.
He added that the company aims to expand in residential and tourism projects within the New Administrative Capital, all of which will be wholly owned by Capital Link Development Company, as the company will launch 3 various new projects during 2022 as part of its expansion plan. He assured that the comprehensive urban development is currently implementing strong and diversified investment opportunities in various new cities that Egypt is currently implementing, which supports the expansion plans of serious real estate companies that have cumulative experience, technical and financial solvency that qualifies them to seize investment opportunities.
He pointed that the company succeeded in marketing 50% of the total sales portfolio owned by it, and plans to market the remaining percentage according to a specific plan based on market studies and investment plans for the company, as to let all the proposed projects and their payment systems commensurate with the needs and capabilities of the targeted clients.
He pointed out that accelerating the implementation rates is the company’s priority in all its projects, as maintaining its credibility and commitment is the main goal of its work in its current projects and future plans, as the company was among the first companies to start construction in its projects and is delivering 3 projects within two years in the New Administrative Capital.
He explained that the transfer of government district employees to the Administrative Capital contributes in attracting more investments for the entire project, whether local or foreign, as the state’s loyalty to what it announced in operating the project reflects its commitment towards investors with it within the project, and it is expected that new investments will enter the capital in the coming period.
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