New Town Group (NTG), one of the leading real estate development companies, announced the launch of its first “Evolve tower” projects in the most prestigious areas in Central Business District (CBD) at New Administrative Capital (NAC) with investments exceeding LE700m.
Chairman of NTG Ezzat Azmy Haroun said that the company is very confident in investment opportunities in Egyptian economy, added, “We believe in the importance of development in new cities, especially in the New Capital. Consequently, we launched Evolve tower project, our first project in the CBD to add a new footprint in the NAC the most important national project in the twenty-first century.”
Haroun noted that the project is located in the most distinguished areas at the New Capital’s CBD, near the most important tourist and commercial landmark, the tallest iconic tower in Africa, and close to residential areas R3 and R2 that are ready for housing with a population density of more than 250,000 people.
Evolve tower is situated directly on a square in a high-density area on two main streets with a width of 90 sqm and a street with a width of 70 sqm, and a view on 2 tourist walkways with a green area of about 3,000 sqm.
CCO of NTG Khaled Abdel Nasser said that the Evolve tower project is an integrated commercial administrative tower consisting of 14 floors in addition to three floors basements to accommodate cars of owners and visitors.
Abdel Nasser added that the tower features unique competitive advantages that make it one of the best options offered in the New Capital, namely diversity of commercial, administrative and medical units to provide all services in the building and for visitors.
Similarly, Abdallah Elkady, head of marketing at NTG, stated that the project is distinguished by its modern design and strategic location in front of the iconic tower and the Green River, added that the design ensures a distinctive view of all units on main streets and tourist walkway.
For his part, Basem Elsherbiny CEO of Etqan Business Development expressed his excessive happiness to cooperate with NTG to launch its first projects in the New Capital and to provide a real estate product with a new and unconventional idea that competes strongly in the NAC market.
Meanwhile, Maha Elfangary General Manager at KAD said that contracting with NTG is a great opportunity to enhance cooperation between the two companies, provide everything that is best for the customer in the Egyptian market, and improve market performance by applying international measures and standards for malls management.
