+2 01200070979

Townhouse prime location for sale in Sun Capital

44
Reference: NS 81827
EGP 7,100,000
MLS Realty
+201200070979
Email Agent
+2 012 00 231 000

EGP 7,100,000


Townhouse prime location for sale in Sun Capital

Reference:
NS 81827
Price:
EGP 7,100,000 Installment
Finishing Status:
Core & Shell
Building Area:
266 sqm
Bedrooms:
4
Bathrooms:
4
View:
Lake View
Listed:
Thu 30 Mar 2023
About Sun Capital 6 October

4 Bedrooms Townhouses for Sale in Sun Capital 6 October By Arabia Group

Private equity firm Sun Capital Partners is reportedly considering a compound offering in Egypt as part of its expanding real estate portfolio in the country.

According to unnamed sources, the US-based firm is in talks with developers to establish a luxury residential compound on the outskirts of Cairo.

The potential compound project would be located in the New Cairo area, which is fast becoming an attractive destination for affluent Egyptians and foreign investors.

The sources did not provide any details about the size and scope of the project or the estimated investment amount.

Sun Capital has been active in the Egyptian real estate market in recent years, acquiring several commercial and residential properties in Cairo.

Last year, the firm acquired a portfolio of six commercial properties in the city for $110m. The portfolio comprises retail, office and warehouse assets.

In 2016, Sun Capital bought a luxury residential complex in New Cairo, which it has since renamed Sun City. The complex features 56 high-end villas spread across a 60,000 sq metre plot, along with a clubhouse and landscaped gardens.

Egypt's property market has been recovering in recent years thanks to a combination of government initiatives, rising demand and foreign investment. However, the Covid-19 pandemic has hit the sector hard, causing a slowdown in sales and construction activity.

Despite the short-term challenges, Sun Capital apparently remains bullish on Egypt's property market and sees opportunities to make further investments in the sector.

https://www.6october.biz/NS81827

MLS Realty
+201200070979

Other properties for sale in Sun Capital

Townhouse for sale in Sun Capital compound
EGP 8,200,000

Green color means pay in installments    


6 October
261 Building Area
Ready to move townhouse for sale in 6 October Sun Capital
EGP 9,189,227
6 October
300 Building Area
Sun Capital compound townhouse for sale in 6 October
EGP 7,100,000
6 October
4 Bedrooms
Sun Capital 6 October townhouses for sale by Arabia Group
EGP 7,000,000
6 October
4 Bedrooms
Townhouse prime location for sale in Sun Capital 6 October
EGP 7,236,962
6 October
269 Building Area