Eight Developments and Gaballah Group announced signing a contract for management and operation with Mission 235 company, to manage and operate "Revolve Mall" project in the Northern Investors Area in the heart of New Cairo, with investments exceed  2.5 billion pounds.

Mohamed Abdel-Fattah, CEO of Eight  Developments Company, said that the company aims by this contract to present an unprecedented project in all aspects, whether engineering or operational, in order to achieve gains for those looking for investment opportunities.

He pointed that according to the state's plan in exporting real estate file, which contributes approximately with 20% out of the Egyptian national income, the company has implemented nearly 80% of the project to meet the  clients needs who are looking for promising investment opportunities, whether Egyptians or non Egyptians.

He added that the facilities that the government admitted in the file of obtaining citizenship for $300,000 contribute in increasing the rates of exporting Egyptian real estate and attracting more hard currency to the country. Thus Eight Developments company, took this step in developing the project, aiming to participate mainly in the government’s plan in this file.

 He assured that the management company will be responsible for hiring international brands for investment in the mall, pointing that the project is an extension and translation of the philosophical thought on which "Eight  Developments" was established upon, as one of the leading companies in the field of real estate development, related to achieving the highest levels of sustainability, working on time management, utilizing spaces and saving  all the possibilities to create a harmonious and flexible society that will be able to achieve the highest rates of productivity for clients, and to maximize the concept of smart buildings.

He revealed the company's approach to meet clients' desires to offer suitable and diverse units comparable to the major real estate projects and products offered to our clients, by contracting with a major entity as Gaballah Group, to provide a unique mall that provides innovative solutions in the real estate market.

He explained that Revolve Mall project is an administrative, commercial, and hotel mall, which is built on an area of ​​15,000 square meters, in the Northern Investors Area, and is located directly on Tahrir Axis, which connects Nasr Road with the northern ninety axis, and includes 245 units, 60% of which are for sale and 40% for rent, while the administrative includes 146 units, divided into 73 units in each floor, and the hotel has 62 keys, pointing that the company believes in the importance of adhering to quality standards and preserving the environment and transformation into sustainable construction to provide the clients most important requirements.

Omar El Saadawy, Chairman of Eight Developments, expressed his happiness on signing the contract, confirming that the company has a strategy to launch an innovative and unique project that amounts its history and clients, thus a contract was signed with "Mission 235" to manage and operate the mall due to its great experience in this field.

El Saadawy assured on the continuation of the company's plan to expand its real estate projects portfolio, in the Egyptian market by announcing Revolve Mall project to present a unique mall that provides innovative solutions in the most prominent areas in New Cairo, to meet the needs of the Egyptian market.

For her part, Haneen Gaballah, member of Board of Directors of Gaballah Group, said that the Revolve Mall project relies on the latest artificial intelligence technologies, global sustainable technologies, and green technologies, as well as the best materials, the latest designs, in addition to the latest industrial safety measures.

-Ends-