SDR. Group Real Estate Development Company has contracted with the Location Investments and Project Management Company to market the “Cascada Mall” project exclusively in the Fifth settlement Area in New Cairo. The company plans to start selling it next month as part of the project’s marketing plan.
Dr Hesham Abdul Shafi, chairman of the board of directors, signed the contract with Zeyad Yousry, the chairman of the board of directors of the Location Investments and Project Management Company. The signing took place in the presence of Tharwat Al-Sheik, executive director of the SDR Group Company for Real Estate Development, and Hossam Moustafa, chief executive of the Location Investments Company, and representatives of the two companies.
Dr Hesham Abdul Shafi Makled, chairman of the board of directors of the SDR. Group Real Estate Development Company, said that the investments of the “Cascada Mall” project will be pumped into the development stages of the project, which will be completed within 3 years to 2024 according to the schedule.
Makled explained that the project “Cascada Mall” comes within a group of administrative commercial projects and various activities that the company is planning to launch in the coming period in New Cairo, pointing out that the company’s portfolio includes 4 plots of land in different areas in New Cairo city, and its development plan will be announced in turn.
Makled pointed out that the choice of Location Investments and Enterprise Management to market its projects exclusively comes from its experience, the development of non-traditional marketing solutions for commercial and administrative activities, and market studies conducted by the company.
For his part, Zeyad Yousry, Chairman of the Board of Directors of “Location” Investments and Project Management, said that the contract with the “SDR Group” Real Estate Development Company to market the “Cascada Mall” project exclusively comes within the company’s strategy to market a number of administrative and commercial projects exclusively in the coming period.
Yousry added that the preparation of the consultancy and engineering studies and the project designs have been completed, and it is decided to launch the first phase of the project next month in accordance with the project’s proposal plan.
The chairman of the board of directors of the “Location Investments and Project Management” company pointed out that the “Cascada Mall” project is located on a 4.3 thousand square metre project and includes various commercial, administrative and medical units with areas starting from 45 square metres for commercial and 44 square metres for administrative units and medical clinics starting from 44 square metres.
Yousry added that the company has put in place marketing solutions, sales plans and facilities that are suitable for the purchasing power of the targeted customers, including payment systems that start at 10% in advance and installments of up to 6 years without interest.
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