sama el qahira

Info:

The project is spread over 43 acres, includes construction of 97 apartment building into account in design of the buildings rises gradually from eight to twelve, and the role of classical Balusbandat are manufactured from high quality raw materials (Hashimh stone, basalt and marble) and the entrance of the finest types of granite and marble (Double Black) Is the implementation of the project consists of four stages of the first phase of the 31 apartment building while the second and third phase include the construction of each apartment building and 20 fourth phase includes the construction of 26 apartment building.

Project also includes construction of several administrative buildings and a facade is a great big development in the world of architecture and modern construction.

The project also includes construction of mosque and nursery and a medical center and club, a program is only for customers of the project as there are schools (international) for the client’s project.

Country	Egypt
Location	Maadi, Ring Road
Distance	5 min. from shooting club – in front of Carrefour
Architecture	Classic
Features	Full package residential city
Phases	4 Phases
Completion Date	Phase 1: 2011 – Phase 2: 2012 – Phase 3: 2013 – Phase 4: 2014
Use	Residential
Facilities	International School	Gym
	shopping mall	nursery
	Mosque	Clubhouse + swimming pools
	Food Court	Kids Club
	Sports Courts	Fire security system
Unit Types	Apartments	FLOOR PLAN

market Analysis

Reviewing analysis of 2009 compared with 2010 results shows a very substantial increase in the supply of commercial property

- thanks in part to the development of new cities to the east and west of Cairo and in part due to projects in the capital itself -

means that years (perhaps decades) of under-development are finally being addressed. For a long time businesses have had little option but to operate in (typically old) buildings originally constructed for residential purposes.
Now they have some choice. Demand is also coming from two other quarters.

Western multinationals are establishing and/or expanding their presence in Egypt, with the result that they need more office space. At the same time, Middle Eastern companies are relocating to Egypt, often in response to more difficult conditions in Dubai and Lebanon. Significantly, this second group of companies understands and is tolerant of the risks of operating in Egypt. Even if the political noises surrounding the forthcoming elections produces widespread unrest, these regional companies are unlikely to reconsider their plans.

The result is that conditions are dynamic. Vacancy rates vary, but are generally low or falling. Looking ahead, we expect that the optimism of protagonists in the office and retail sub-sectors will be justified. There should be a double-digit increase in rentals in these sub-sectors in 2011; further - if smaller - rises are likely in the following years. Over the forecast period (2011-2014), we envisage that capital values will increase rather more than rentals. As a result, the general downtrend in yields should continue. Egyptian assets are being re-rated, and the country's commercial real estate sector is a clear beneficiary of this.
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