Treskon Development, a real estate company, has announced the launch of the Katameya Business Complex project in New Cairo, with investments of 3 billion Egyptian pounds.
According to Walid Galal, the Chairman of the company, the Katameya Business Complex project is being implemented on a 10,000 square meter area in one of the most vibrant areas of New Cairo. The project’s investments reach up to 3 billion pounds. It is located on the ring road between the Shuhada Axis and Mohammed Zaki Square, which makes it close to important landmarks and well-known areas within New Cairo.
He explained that the project is already underway and consists of 2 parking floors, a ground floor, and 3 repeated floors. The commercial units occupy about 40% of the project’s area, while 60% is dedicated to administrative units. The unit sizes range from 10 square meters to 850 square meters.
He noted that the company has contracted with top architects to ensure that the design of the Mall Katameya Business Complex New Cairo incorporates the latest architectural ideas. It aims to be among the best malls in New Cairo. The company adopts real estate concepts based on creativity, uniqueness, innovation, and the use of high competencies to implement these ideas optimally.
He confirmed that the company has contracted with major car dealerships in the mall, such as Mercedes, Jaguar, BMW, Kia, Skoda, Hyundai, Toyota, and Peugeot. It has also signed contracts with Al Ahli and Ahli QNB banks, in addition to commercial brands such as Carrefour, KFC, NOLA, TBS, and McDonald’s.
On the other hand, Hany Gouda, the Commercial Sector Manager, stated that investing in the Katameya Business Complex project is an excellent investment opportunity with a new idea introduced by Treskon in the real estate market. It guarantees the client ownership of a real estate unit in the project starting from 500,000 pounds through the real estate share system. Investors can expect an immediate return ranging from 25% to 300% over a period of 10 years.
He explained that the real estate share system has been applied in foreign markets for a long time and has proven successful. Implementing this system in Egypt requires the enactment of several legislations to trade it through the real estate stock exchange. It can also be introduced during times of crisis.
With over 39 years of experience in the real estate market, Treskon Development is one of the strongest real estate companies in the Egyptian market. Throughout these years, it has delivered various projects that offer fantastic investment opportunities, providing real returns for its clients.
