M2 Developments to implement new project in Egypt’s Sheikh Zayed City

Egypt-based property developer M2 Developments, previously known as Misr Al Mahrousa, is set to develop a project in Sheikh Zayed City its Chief Executive Officer, Mostafa Aboul Fotouh said Monday.

The company is currently negotiating over the project’s land which would vary between 35 and 50 feddans, Aboul Fotouh added.

He noted that his company is planning to participate in the investments opportunities which would appear in the local market during the upcoming phase referring to its expansionary plan.

M2 Developments was established in 1998 affiliated to INTRO Group, it continually searched for the best areas in Egypt to build and provide real estate of high quality and standards.

The company aims to provide affordable residential and commercial units in congruence with governmental current goals for residential projects.