Egyptian developers “Al-Nahhal Real Estate Development Company” and “Brouq Real Estate Development Company” have partnered to launch Al-Nahhal’s first project in the New Administrative Capital (NAC) at a total investment of EGP 500M, according to the “Zawya” website.
Al-Nahhal’s Chairman Karim Al-Nahhal told Zawya Projects that the 10-story BN Mall will include shops, offices, and medical units, and is being built on 2,725 square meters of land owned by the company.
On his part, Ibrahim Al-Sayd, Managing Director and CEO of Brouq Real Estate Development Company said initial delivery is scheduled for three years from the start of construction with final delivery in four years.
He pointed out that the project includes 200 units split between 34 retail units, 146 office units, and 20 medical units.
