Major Real Estate Agreement Finalized
Hyde Park Developments has secured a 415-feddan land plot in 6th of October City, west Cairo, following a deal involving Banque Misr and the National Bank of Egypt (NBE). Prime Minister Mostafa Madbouly attended the signing ceremony in the New Administrative Capital.
- The agreement involves the acquisition of land previously associated with the Dreamland project.
- Amin Serag, CEO of Hyde Park Developments, and Karam Salah, Chairperson of ECRAMI, signed the contract.
- Hyde Park will manage the development, financing, and marketing of residential units on the site.
- This project marks the company’s fourth development in west Cairo and its tenth nationwide.
Officials stated the partnership aims to enhance urban development and stimulate economic growth in the sector. #RealEstate #Cairo #Investment #Egypt