Grand Plaze to market two Egyptian projects at UAE’s property fair

Egypt’s real estate investment firm, Grand Plaza says it plans to market two projects in New Cairo at Thiqa Real Estate Exhibition, taking place in United Arab Emirates from 13-16 December.

Around 30 firms will participate in the exhibition, with expected contractual sales of more than one billion Egyptian pounds ($55.7 million), Grand Plaza’s chief executive Sherif Osman on Wednesday.

“We will promote flagship La Mirada Compound in Mostakbal City, New Cairo on a space of 77 feddans, through participating in the fair,” Osman said.

With investments of 3.5 billion pounds, the fully-fledged residential project will include around 2,500 housing units with spaces ranging between 120 square metres and 240 square metres.