الرئيسية / عقارات / Madar Real Estate invests EGP 30 billion in New Zayed

Madar Real Estate invests EGP 30 billion in New Zayed

فريق رجال الأعمال عقارات 16 June 2025 04:13 PM
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Madar Real Estate invests EGP 30 billion in New Zayed

Madar Real Estate Development has announced the launch of its Kenz residential project in the New Zayed City, a significant undertaking with total investments reaching EGP 30 billion.

According to Ahmed Ehab, the company's CEO, the Kenz project spans 200 feddans and will comprise 1,500 residential units. The first phase of the project is slated for delivery within four years, with anticipated sales for this phase projected at EGP 6 billion.

Kenz is designed to be a comprehensive development, featuring a five-star hotel that will be exclusively operated by an international brand—a first for Egypt. In addition to the hotel, the project will include serviced apartments offering integrated hospitality services, a 20,000-square-meter commercial area, and dedicated sports and social clubs.