Karma Real Estate to invest EGP 350mn in projects in 2019

Egypt’s Karma Real Estate says it plans to invest 350 million Egyptian pounds ($19.5 million) from implementing a bunch of standalone projects and a mini compound in New Cairo within 2019.

The company had delivered around 360 units in various projects during 2018, its general manager Ahmed Mostafa told Amwal Al Ghad on Monday.

“Our project portfolio includes 26 projects, varying between mini compounds, villas, and standalone buildings,” Mostafa said.