TMG has signed an agreement with Savills, a British real estate services company, to provide asset and facility management, consulting, and exclusive leasing services for the “The Strip” project.
The agreement was signed by Mr. Omar Hisham Talaat, the Chief Executive for Business Development at TMG, and Mr. Katsby Langer Pajit, the CEO of Savills Egypt. Which reflects the group’s commitment to engaging with international companies in order to attract prominent brands to Madinaty.
The “Strip” project is a recent addition to the commercial centres and retail attractions developed by the TMG. The mall is situated in a very advantageous position to the south of Madinaty, in close proximity to the Administrative Capital and Mostakbal City. It has a leasing space of about 28,000 square metres, accommodating a total of 125 commercial units. The first stage of the project is anticipated to commence during the last quarter of the present calendar year.
The forthcoming development will encompass a diverse array of retail and service establishments, catering to the comprehensive needs of Madinaty residents and the wider eastern region of Cairo. These amenities will encompass dining establishments such as restaurants and cafés, financial institutions including bank branches, automotive showrooms, fitness facilities, drive-thru ATMs, pharmacies, bakeries, and libraries. The establishment of jewelry and clothing retail establishments, as well as the provision of diverse sports and commercial enterprises.