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Al-Obaidi We target a variety of projects.

Rayn Developments, one of the leading companies in the field of real estate development in the Egyptian market, announced the launch of its latest project, Voco Mall, in the New Administrative Capital, at an investment cost exceeding one billion pounds.

Engineer Ihab Al-Obaidi, Chairman of the Board of Directors, explained that the Voco Mall project is a qualitative leap in the field of commercial projects due to the new thinking and international technology used in the project, whether in implementation and construction or in management and operation.

Since the project location is one of the most important basic pillars on which the developer relies in selling and marketing the project, the project location was chosen with high precision, which distinguishes it from other projects, as Voco MaLL is located in the R3 area with a direct view of the iconic tower, the monorail station, the Bin Zayed Corridor, and the oasis, which reflects It is a distinguished and unique site that was chosen with care and professionalism.

Al-Obaidi said that the total area of land on which the project is scheduled to be implemented is 4,270 square meters, with a construction ratio of 30%. It is a commercial and administrative project that includes 85 units, where the ground and first floors were allocated as commercial shops and the rest of the floors were administrative offices.

He added that the executive consultant (OYK), one of the largest consulting offices, was contracted to do the engineering and architectural designs for the project, which provided us with new sophisticated designs to provide a unique and distinguished real estate product that adds to the company’s previous work, elevates its name, and adds to its customer base new segments of society, which contributes to increasing the service aspect. And the company’s social.

The Chairman of the Board of Directors indicated that the company has developed flexible payment systems to facilitate our customers for up to 9 years, in addition to a return on the down payment and a return on installments, in addition to the mandatory rent.

Pointing out that the company has contracted with In Commercial Company to manage and operate the project, which is one of the largest management companies, in a serious step by the company to provide the highest level of service to investors, entrepreneurs and visitors, According to the project schedule, delivery is scheduled within 24 months.

Al-Obaidi revealed the company’s expansion and future plan, which aims to make Rayn among the ranks of real estate companies operating in the Egyptian market. Therefore, the company plans to implement a residential project in the new city of Sheikh Zayed as well as the city of El Alamein.