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The "Yachi Miser" fund intends, in cooperation with the "De Mark" real estate company, to develop a project in an area of ​​900 dunams on the north coast. The move aims to resolve its impasse crisis that has continued since 2016. The agreement includes the "Long Live Egypt" fund assuming the implementation of approximately 2,000 housing units that were previously needed but not delivered to customers, in addition to developing the remaining land area. The value of the land is estimated at about 6 billion pounds (120 million dollars) The target revenues of the project exceed 150 billion pounds (about 3 billion dollars) The "Yachi Miser" fund already owns about 70 dunams of the project area before the development partnership agreement, while "The Mark" owns about 830 dunams. The "Yachi Miser" fund expands the utilization of real estate assets and enters into development projects in cooperation with government authorities and the private sector. details

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Asharq Bloomberg · · Source

🇪🇬 Egypt · Map

The "Yachi Miser" fund intends, in cooperation with the "De Mark" real estate company, to develop a project in an area of ​​900 dunams on the north coast. The move aims to resolve its impasse crisis that has continued since 2016. The agreement includes the "Long Live Egypt" fund assuming the implementation of approximately 2,000 housing units that were previously needed but not delivered to customers, in addition to developing the remaining land area. The value of the land is estimated at about 6 billion pounds (120 million dollars) The target revenues of the project exceed 150 billion pounds (about 3 billion dollars) The "Yachi Miser" fund already owns about 70 dunams of the project area before the development partnership agreement, while "The Mark" owns about 830 dunams. The "Yachi Miser" fund expands the utilization of real estate assets and enters into development projects in cooperation with government authorities and the private sector. details

The "Yachi Miser" fund intends, in cooperation with the "De Mark" real estate company, to develop a project in an area of ​​900 dunams on the north coast. The move aims to resolve its impasse crisis that has continued since 2016. The agreement includes the "Long Live Egypt" fund assuming the implementation of approximately 2,000 housing units that were previously needed but not delivered to customers, in addition to developing the remaining land area. The value of the land is estimated at about 6 billion pounds (120 million dollars) The target revenues of the project exceed 150 billion pounds (about 3 billion dollars) The "Yachi Miser" fund already owns about 70 dunams of the project area before the development partnership agreement, while "The Mark" owns about 830 dunams. The "Yachi Miser" fund expands the utilization of real estate assets and enters into development projects in cooperation with government authorities and the private sector. details

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