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New Avenue achieves EGP 5bn in sales for developers in 3 years - Daily News Egypt

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New Avenue achieves EGP 5bn in sales for developers in 3 years

El-Dessouky further noted that the company achieved sales exceeding EGP 2bn for developers in 2018.


New Avenue Real Estate Consultancy has achieved sales exceeding EGP 5bn for real estate developers since its launch in Egyptian market in March 2015, Invest-Gate reported.

Chairperson of New Avenue, Ahmed El-Dessouky, said in press statement on Thursday that the company aims to achieve sales worth EGP 3bn by the end of this year.

El-Dessouky further noted that the company achieved sales exceeding EGP 2bn for developers in 2018.

He pointed out that the company is marketing more than 100 real estate projects in various new urban communities, namely the Fifth Settlement, the New Administrative Capital, the North Coast, Ain Sokhna, Sahl Hasheesh, and El-Gouna.

He added that the company has opened a new branch specialised in the promotion of administrative and commercial units.

The company has developed a plan to participate in real estate exhibitions both inside and outside Egypt, to directly communicate with the largest customer base and to identify their market needs and demands, he elaborated, noting that New Avenue recently participated in the Everest real estate exhibition in Kuwait and achieved great sales.

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