EGP 4,070,019
Office for Sale in Avalon Mall - New Capital By Invest Well - Delivery Year 2023
Avalon Mall in New Capital, Egypt is a joint venture between two reputable real estate developers in Egypt, Wadi Degla Developments, and Misr Italia Properties. The shopping center caters to the growing need for entertainment, shopping, and lifestyle options in the rapidly evolving New Capital.
The developers plan to create an iconic destination with an impressive range of amenities, including over 400 shops, seven anchor stores, a hypermarket, a cinema complex, a bowling alley, a family entertainment center, and various food and beverage outlets.
The project’s location in the New Capital- one of the most significant development zones in Egypt- ensures its efficient connectivity to other parts of Cairo. The mall’s advantageous location near several residential areas and commercial entities makes it an excellent choice as a recreational center for the community.
The developers must ensure that the project complies with all legal requirements, including obtaining permits and licenses for the construction and operation of the mall. They also have to make sure that the mall meets the necessary safety and environmental standards.
From a legal perspective, the developers must address any potential legal risks, such as disputes with contractors, suppliers, breaches of contracts, conflicts with neighboring properties or communities, and other related issues. This requires careful planning and risk management, as well as a proactive approach to tackling possible legal issues that could arise throughout the mall's construction or operation.
The Avalon Mall project stands to become one of the most prominent commercial destinations in the New Capital area of Egypt. As a lawyer, my role would be to ensure that the project complies with all legal requirements and mitigate the legal risks that may arise during its construction and operation.
Avalon Mall It is considered one of the most prominent and important commercial malls in the administrative capital, established by the ASETs company, and is characterized by an impressive design in the most vital areas. It is one of the most important malls established by W Assets Development to be a unique commercial mall in the most prestigious residential and lively areas of the Administrative Capital. It dazzled the world with its distinguished architectural design and brilliant services that go along with the investment leap planned by the Arab Republic of Egypt.
Invest Well W Assets Development is the executor of Avalon New Capital City Mall project, founded by the famous businessman Moataz Abdel Shafi, the owner of a brilliant name in the real estate world, and a major member of (Catalyst Real Estate). It dazzled the world with what is presented in cooperation with Mr. Ashraf Mansour - CEO of the company - and partnered with (Distant Studio) to produce the mega mall (Avalon), launching to the world more than three hundred projects in Egypt and the Arab countries such as Saudi Arabia, Oman, Dubai, and Qatar.