Egypt’s Rolin to launch its first property development flagship at end-2017

Egypt’s General Construction Company- Rolin says it will launch its first real estate development project before the end of 2017, with investments totalling one billion Egyptian pounds ($56.3 million).

Fathy Sayed, Rolin’s managing director, said Wednesday that the residential flagship will locate in Nasr City over 9,000 square metres, to include some housing and administrative units.

Rolin also targets return on sales worth more than two billion pounds from launching this project within the next two years, Sayed further added.