Royal Developments is set to deliver its Capital Prime Business Park in the New Administrative Capital (NAC) later this month, as revealed by Chairperson Sherif Shaalan. Shaalan told Daily News Egypt that the entire operation of the project would ensue within nine months. The company has enlisted Makanak Real Estate to manage the Capital Prime administrative building and Prime Hospitality for the project’s branded residences. Capital Prime, occupying a 6,000 sqm area with an 11,000 sqm gross sale area, features a six-story building housing serviced apartments, serviced offices, and commercial and medical units. The company has recorded EGP 530m in sales from the Capital Prime project and it is set to retain part of commercial and administrative units for lease.

Source: Daily News Egypt July 10, 2023 12:24 UTC