Pyramids Developments announced the operation of "Grand square" mall, the first commercial administrative medical mall in the business district in the New Administrative Capital (NAC) on January 1, 2021.
This project would give investors a new opportunity in the "rental investment"; the latest vision launched by Pyramids for the first time in the NAC.
The company has recently succeeded in converting real estate from consumer goods to investment ones. It is now offering a new vision through which it seeks to convert the rent from consumer rent to investment one.
According to this concept, the company offers the administrative units in the "Grand Square" mall for rent at the opening price in the NAC with the possibility of leasing to others.
This comes within the framework of the company's plan to create a new investment destination in the real estate sector that attracts a new segment of investors with untapped purchasing power.
The company has practically confirmed its commitment to offering the units of the NAC's first mall for rent, thus fulfilling the dreams of customers who have great trust in "Pyramids Developments".
It is worth mentioning that, the Grand Square Mall is one of the most important malls in the NAC. The company began drilling works for the construction of the project in March 2019.
It is built on an area of 7800 m with investments estimated at EGP 750 million. The mall consists of ground and 6 commercial - administrative - medical floors.
The company has also launched the "Pyramids Business Tower", the major and largest project in the NAC, which consists of a ground floor and 20 recurring floors.
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