Wadi Degla expects contracted sales to double to EGP6 billion in 2016
Wadi Degla for Real Estate Development (Wadi Degla) expects contracted sales to reach EGP6 billion in 2016, driven by sales at the company’s residential compound in New Cairo, “Newpolis,” in Mustakal City, which will include 14,000 units and will be spread over 2.5 million sqm with investment costs estimated at EGP13 billion and ii) Murano, a 2,000-unit project in Sokhna, spread over 470,000 sqm, with investments estimated at EGP1.5 billion. (Al Borsa)
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