Marseilia Group endorses leasing contracts worth $24m

Egyptian real estate firm, Marseilia Group announced Wednesday that its board of directors has ratified leasing contracts of Mega Florence Mall Al-Montaza project.

The company has signed the leasing contracts worth 194.9 million Egyptian pounds (US$24 million) with GB Financial Lease.

Marseille Almasreia Alkhalegeya is a public company, listed on Egyptian Exchange since August, 2011. It is operating within the real estate sector focusing on diversified real estate activities. It has 1 subsidiary operating across Egypt. The company is based in Alexandria, Egypt and was established on January, 2001.

The company has signed the leasing contracts with GB Financial Lease worth EGP 194.9 million(USD 24 milllion).

Marseille Almasreia Alkhalegeya is a public company, listed on Egyptian Exchange since August, 2011. It is operating within the real estate sector focusing on diversified real estate activities. It has 1 subsidiary operating across Egypt. The company is based in Alexandria, Egypt and was established on January,2001.