EGP 7,000,000
Townhouses 4 Bedrooms for Sale in Sun Capital - October By Arabia Group
The Arabia Group, a leading Egyptian investment firm, has announced its acquisition of a majority stake in Sun Capital, a mixed-use development project located in 6 October City, Egypt.
Sun Capital is a sprawling 557-acre project that includes residential, commercial, and entertainment facilities. The development is strategically located in the heart of 6 October City, a fast-growing suburb of Cairo that is home to many of the city's affluent residents.
The project is being developed by Arabia Group's subsidiary, Arabia Real Estate Development (ARED), which has a proven track record of delivering high-quality real estate projects in Egypt. Sun Capital is expected to be one of the largest and most ambitious projects undertaken by ARED to date.
The acquisition of Sun Capital is part of Arabia Group's broader strategy to expand its real estate portfolio in Egypt and the wider region. The group has identified real estate as a key growth area and is actively seeking out new investment opportunities in the sector.
Commenting on the acquisition, Arabia Group CEO, Tarek Shoukry, said: "We are delighted to have acquired a majority stake in Sun Capital, which is one of the most exciting real estate projects in Egypt today. We believe that this project has enormous potential, and we
Sun Capital High residential Compound by Arabia Holding in 6th of October. The Sun Capital is one of the largest and most prestigious residential projects implemented in the heart of 6 October city, which holds more than one title including The Sun City or the New Tourist Capital of Egypt, and is the first residential project implemented in partnership with the Ministry of Housing, which is characterized by a wonderfully strategic location where direct views of the pyramids and proximity to the Great Egyptian Museum.
Arabia Group Arabia Holding Company is the executing company of the project which has a lot of projects that have been implemented on the ground. The Arabia Group of Companies is a diversified consolidation of 12 business entities operating within several commercial sectors across Jordan. Arabia Group’s first business was established in 1988 Arabia Group owns leading and award-winning businesses active in sectors including media and advertising, digital marketing, radio & TV broadcasting, power generation, contracting, solar asset management, technology and hospitality. The group’s radio & TV broadcasting unit, Al Kawn, is Jordan’s foremost owner and operator of private radio and TV stations. ATC, Arabia Group’s utility power developer has grown from providing consulting and local support services to standing at the forefront of the Middle East region’s shift towards renewable energy.