Who is the developer of Spark Capital Insights Mall New Capital?

The company that owns Spark Capital Insights Mall New Capital is Brouq

Fully finished administrative offices 273m for sale in Spark Capital Insights Mall New Capital

Reference: NS 60617

EGP 17,745,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 17,745,000

Fully finished administrative offices 273m for sale in Spark Capital Insights Mall New Capital

Reference:

NS 60617

Price:

EGP 17,745,000 Installment

Price / Sqm:

EGP 65,000 Per Sqm

Finishing Status:

Super Lux

Area:

273 sqm

Floor No.:

Delivery In:

2024

Listed:

Tue 23 May 2023

About Spark Capital Insights Mall New Capital

Office for Sale in Spark Capital Insights Mall - New Capital By Brouq - Delivery Year 2024

Spark Capital has announced plans to build a shopping mall in New Capital, Egypt. The mall, named Spark Capital Insights Mall, will be a sprawling complex boasting over 100,000 square meters of commercial space. The project is expected to attract retailers and investors from around the region and beyond.

According to Spark Capital, the mall will be designed as a hub for economic and social activity, serving as a destination for shopping, dining, entertainment, and leisure. The mall will feature a variety of retail outlets, including international and local brands, as well as food courts, cinemas, a hypermarket, and other amenities.

The Spark Capital Insights Mall is being developed as part of the company's overall strategy to invest in real estate and infrastructure projects that support Egypt's economic growth. Spark Capital has already invested in several other projects in the country, including a residential compound in New Cairo and a commercial and residential development in Sheikh Zayed City.

New Capital, located approximately 45 kilometers east of Cairo, is one of the largest urban developments in the world, with plans to become the administrative and financial capital of Egypt. The city is expected to house over six million people and is designed to alleviate crowding and congestion in Cairo.

The mall is expected to be a major draw for tourists and shoppers from all over Egypt and the region. In addition to its commercial significance, the project is expected to create thousands of jobs during construction and operations, providing a significant boost to the local economy.

"This is an exciting opportunity for us to contribute to the growth and development of Egypt's economy," said Ahmed El Khatib, CEO of Spark Capital. "We believe that the Spark Capital Insights Mall will be a landmark destination for shopping, dining, and entertainment, attracting visitors from all over the region, and spurring economic growth and development in New Capital."

Construction on the mall is expected to begin later this year, with completion scheduled for 2023. The development is one of many in a flurry of activity taking place as Egypt looks to transform itself into a modern, thriving economy.

MLS Realty
+201200070979