ICEC

Elita Real Estate Consultancy sells 25% of The Core New Cairo units

Egypt’s Elite Real Estate Consultancy Company has sold around 25 percent of the units of its medical and commercial flagship The Core in New Cairo, at a value estimated at 30 million Egyptian pounds ($1.7 million).

Elite is currently developing The Core in partnership with the country’s Bedaya Real Estate, said Bedaya’s chairman Khattab on Sunday, adding that the project will be completely sold within a timeframe of six months, at a value worth 120 million pounds.

“The Core is established over 1,700 square metres,” Khattab further stated, referring that the project’s built up area is 4,000 square metres.

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