Land For Sale Or Joint Venture In New Capital

Total Built-Up Area: 13,746.17 square meters

Project Components: Three basement levels, ground floor, eight typical floors, and rooftop rooms

Basement Construction Cost: EGP 70 million

Estimated Construction Cost for Ground and Typical Floors: Ranges between EGP 200 million to EGP 258 million, depending on specifications and finishes

Total Saleable Area: Approximately 7,000 square meters

Administrative Spaces: Approximately 5,700 sqm with an average price of EGP 110,000 per sqm over several years

Commercial Spaces: Approximately 1,300 sqm with an average price of EGP 270,000 per sqm over several years

Total Potential Sales Revenue:

Administrative: 5,700 × 110,000 = EGP 627,000,000

Commercial: 1,300 × 270,000 = EGP 351,000,000

Total Expected Revenue = EGP 888,000,000

Expected Profit from Partnership: Approximately EGP 288 million over a period of 5 to 6 years