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Egyptian Gazette
Home Business Real Estate

Etqan announces success of strategic partnership with El Ezz Group to launch 1st project in New Capital

by Hamed Mahmoud
November 8, 2021
in Real Estate
Etqan announces success of strategic partnership with El Ezz Group to launch 1st project in New Capital 1 - Egyptian Gazette
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Etqan Business Development, a financial and marketing consultant, announced the completion of its success story with El Ezz Group to launch the group’s first project in New Administrative Capital, dubbed Destino.

Spanning over 3,000 sqm, Destino is a commercial administrative medical building in New Capital’s Downtown with gross sales area of 14,000 sqm.

In a short period, Etqan has contributed to preparing the first project of El Ezz Group in the New Capital.

Ahmed Abdel Aziz, financial consultant and general manager of Etqan, said that Etqan took over the task of preparing for the launch of Destino project, starting with preparing market research, financial study of the project, pricing and payment plans. Besides, development of a business and marketing plans for the project, preparation of a comprehensive and detailed analysis of direct competitors, and development of an organisational structure for the company.

Abdel Aziz added that Etqan provided support and follow-up at all stages of the project’s launch, selecting project consultants, training the company’s sales and marketing teams, organising a housing ceremony, following up on the company’s performance and submitting periodic reports.

He explained that Etqan has concluded a number of strategic partnerships with developers and companies, for nearly 50 companies in more than 10 countries around the world, most of them in real estate industry.

He noted, “We focus our attention on studying and analysing real estate market and the New Capital market two years ago. Moreover, the company contributed during that period to launching a variety of real estate projects in New Administrative Capital, for companies of La Verde Developments, Arqa Developments, Nile Developments, Tamayoz Development,  Al Wefaq Developments, Nakheel Developments, El Ezz Group, Rekaz Developments, Gosur Developments and others.”

For his part, Mahmoud Elkady, head of the company’s marketing sector, said that Etqaan is constantly working on developing its services in support for companies and Egyptian real estate market, besides keeping pace with the latest developments in the world.

 

Tags: El Ezz GroupEtqanNew Capital

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