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IMS, Winvestor, and El Nasr Housing unveil Capella Residence project in Maadi with EGP 1.1bn investment
Contract Type
partnership
Description
IMS Developments and Winvestor Development, in collaboration with El Nasr Housing and Development, have announced the launch of the Capella Residence project in Maadi’s El Mearag Al-Sofli area, with a total investment of EGP 1.1bn. The partnership involves El Nasr Housing and Development providing the land for the project in return for a share of the revenue, while IMS Developments and Winvestor will handle marketing, construction, sales, and part of the post-completion management.