Khaled Sabry Holding Corporation launched its Ryan Tower project in the New Administrative Capital’s central business zone, in addition to working on launching a new project as part of its 2022 investments.
The corporation’s CEO Khaled Sabry said that the project is being established on 17.9 thousand square meters. Also, it will consist of 14 stories, alongside the ground floor.
The new tower project will include various units that could be suitable for commercial, medical, administrative, hoteling services.
He added that the company set an agreement with Hafez Consultant, to have the responsibility of the design and consultancy work for the project.
In the same context, Sabry highlighted that it sold the first phase of the “Ronza Tower” project.
Moreover, the second phase was launched which its selling would be completed at the end of this month.
Regarding the third phase, it will be launched during the last quarter of 2021.
Next, Sabry said that the project is being founded on 11,000 square meters, in the new capital’s Downtown.
It would consist of a ground floor, alongside 10 stories. The whole 220 units can fit any administrative, commercial, and hotel services.
The project would be finalized by the last quarter of 2024, Saby added.
After that, he expressed that all commercial units will be submitted semi-finished, unlike the administrative and medical units will be fully finished. However, hotel units will be fully finished and attached with furniture.
Next, Sabry revealed that the corporation opened its new headquarter in Concord Plaza Mall, and it was designed by the architect Ayman Shawky, and it was executed by Khaled Sabry corporation.
He continued that the corporation of the New Administrative Capital for urban development is supporting all projects and plans by investors, and encouraging them to widen their investments, in the light of transporting all governmental clerks to the new governmental headquarters in the new capital.
The CEO also that the current urban development projects established by the state include founding smart cities that can provide more investment opportunities, especially, for the real estate field. In addition, the investors’ interest in the new capital and its properties positively impacted the stream of investments in it.
Contributed by: Rana Atef