El Batal in talks with partners for residential flagship in New Cairo

Egypt’s El Batal Group for Housing and Development says it is negotiating with one of the real estate developers to establish a major residential project in Fifth Settlement district, New Cairo within 2019.

The company has recently reached initial agreements with a number of mega investment entities to develop a residential project in New Cairo, its marketing and business development manager Walaa Elaal said on Sunday.

“We are looking to execute new residential projects in new areas, including Ain Sokhna,” Elaal further said.