Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment on Wednesday announced it aims to sign a joint project with one of the urban development companies at the New Administrative Capital.
The company is seeking to develop a plot of land with one of the dedicated companies, according to a statement to the Egyptian Exchange (EGX).
The Egyptian real estate firm has not mentioned any further details regarding the value of the deal or the percentage of partnership.
In August, Marseilia revealed it was chosen to implement the Dead Sea project in Jordan in collaboration with one of the Jordanian syndicates. The project will span over 10 acres, directly fronting the Dead Sea.
