Eleqtisade News
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English
28/06/2025 - 2:04 am
No Result
View All Result
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English
No Result
View All Result
Eleqtisade News
No Result
View All Result
  • Home
  • Economy
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
  • English

OAD Developments: Commercial and administrative real estate is the best investment because it achieves the highest returns

OAD للتطوير العقاري: العقار التجاري والإداري أفضل إستثمار لانه يحقق أعلى العوائد
  • 04/07/2023 - 4:32 pm
  • write : Ali
  • الرئيسية

Font size

A A
Share on FacebookShare on Twitter

OAD Developments, in partnership with Military Production, is preparing to launch the second phase of Downtown project, the largest commercial complex in the heart of 6th of October city, after the great demand for the project and selling out the first phase with EGP 2bn in sales.

Chairman and Founder of OAD Developments Omar Abdallah said that the Downtown project covers a total area of 45,000 sqm in the most distinguished areas of 6th of October city and is located directly on Laylat al-Qadr Square and the central axis, on the monorail road, and a minute from the middle ring road.
Abdallah added that the project’s total investment amounted to EGP 5bn.

Abdallah noted that the Downtown comprises commercial, administrative and medical properties.

He pointed out that the company has begun the project earth work and has completed excavation works, which reflects the seriousness and commitment of the company to construction timetable, added that the project units are scheduled to be delivered within 3 years.

He disclosed that the company has carefully chosen the project location to meet desires and investment needs of customers. Accordingly, the project includes a restaurant complex that encompasses more than 56 restaurants on 4,000 sqm, a 30,000-sqm garage, internal streets with a width of 12.5 sqm, goods elevators, and a garage for goods vehicles.

The company’s chairman revealed that the company is currently launching its latest project, ONE, in New 6th of October city. ONE is commercial, administrative and medical project spans over 12, 000 sqm with investments worth EGP 1bn.

He elaborated that the project is located on the main entrance to the city amidst the highest population density and is located behind the mall, Sakan Masr residential project and Zahraa New October.

Omar Abdallah explained that the 6th of October city enjoys very promising investment opportunities, in light of the development of urban projects are being developed in the city, and the new road axes implemented by the state.

Real estate has proven to be the best investment and saving vessels compared to other investment channels, especially commercial and administrative real estate because it achieves the highest Investment returns for clients, according to Abdallah.

Chairman and Founder of OAD Developments Omar Abdallah has more than 20 years of experience in Egypt’s real estate market and the Gulf countries. He further led a huge investment portfolio based on many flagship projects in Egypt and the Gulf region.

Short link:

RelatedPosts

Related Posts

OPPO تفتتح أول متجر Experience and Service Store في مصر 
Home

OPPO Opens First Experience and Service Store in Egypt

إي إف چي هيرميس تنجح في إتمام القيد التاريخي لشركة ڤاليو بالبورصة المصرية
Home

EFG Hermes Successfully Concludes Advisory on Valu’s Landmark EGX Listing

سكن للتطوير العقاري تطلق مشروعها الجديد Park-U بمدينة الشروق
Home

Sakan Developments Launches Its New Project “Park-U” in El Shorouk City with Investments Exceeding EGP 4.8 Billion

فيليب موريس مصر تطلق جهاز IQOS ILUMA i في قفزة تكنولوجية جديدة نحو مستقبل خالٍ من الدخان
Home

Philip Morris Misr launches IQOS ILUMA i offering a technological leap in the world of smoke-free products

IDG and Banque Misr Partner to Empower Industrial SMEs with Integrated Financing Solutions
Banks

IDG and Banque Misr Partner to Empower Industrial SMEs with Integrated Financing Solutions

تتراباك تحتفل باليوم الوطني للسويد وتؤكد التزامها بدعم الاقتصاد الدائري بمصر
Home

Tetra Pak Marks Sweden’s National Day 2025 with Sustainability Showcase in Cairo

Next Post
«جواد للتطوير العقاري» تستهدف مليار جنيه مبيعات من مشروع «فال بلازا» بـ 6 أكتوبر

Jawad Developments eyes achieving EGP 1bn in sales of VAL Plaza project in west Cairo

About Eleqtisade News

Eleqtisade News website is concerned with all economic affairs at the local level in various sectors, including banks, the stock market, investment, real estate, cars, communications, markets, tourism, energy, transportation, navigation, insurance, and others.

Categories

  • Banks
  • Cars and transportation
  • Economy of Egypt
  • Energy
  • External economy
  • Home
  • Industry and investment
  • Markets
  • Opinion writers
  • Real Estate
  • Social responsibility
  • Stock Exchange
  • Tech
  • Tourism & Aviation
All rights reserved 2024 © Eleqtisade News . Powered by 
  • About
  • Advertise
  • Careers
  • Contact
  • Editorial Board
  • Homepage
wpChatIcon
wpChatIcon
No Result
View All Result
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English

All rights reserved 2024 © Al-Iqtisadi News. Powered by