El-Masry: The company aims to pump 350 million pounds of investments during 2021
The “Capital Link Real Estate Development” company launched the “Solano” commercial and administrative project, with investments amounting to 300 million pounds, to become its third project in the Down Town area in the Administrative Capital.
Mahmoud El-Masry, Marketing Director of the company, said that “Capital Link” had proposed two previous projects, “Verona” and “Dorado”, with commercial administrative activity, bringing the company’s investments in the administrative capital to about one billion pounds.
He added that the “Solano” project is being implemented on an area of 2.2 thousand square meters in the downtown area, and includes a ground floor and 8 floors. The project consists of fully-finished administrative units and commercial units with areas ranging from 33 to 70 square meters.
Al-Masry explained that the sale price of the square meter of the project starts from 10.5 thousand pounds, and the company provides payment facilities with the aim of stimulating sales movement, starting from “zero advance” and installment periods of up to 12 years.
He pointed out that real estate investment is still achieving the highest returns, especially with the improvement in market sales and the limited repercussions of the “Corona” crisis.
Al-Masry said that “Capital Link” aims to pump 350 million pounds of investments this year.
He added that commercial and administrative products are the most in demand in the real estate market during the current period, due to the high investment returns from them.
The article “Capital Link” launches the “Solano” project with investments of 300 million pounds, it was written in the Al-Borsa newspaper.