AGEC Developments announced the launch of the first phase of IVY Residence project, which is located directly on Suez Road from the entrance to Shorouk City 2.
IVY Residence is distinguished by its privileged location overlooking the iconic tower in New Administrative Capital, with easy access to the most vital areas.
IVY Residence is two minutes far from Suez Road and 10 minutes from New Capital and 15 minutes from Cairo Airport, Heliopolis and Nasr City.
Ayman Rafla, chairman of AGEC, said that the construction works of the project reached 30%, which is in line with President Sisi’s directives to ensure the seriousness of real estate developer and preserve rights of customers.
Rafla pointed out that AGEC Developments has more than twenty years of experience in field of real estate development, especially in Heliopolis and Sheraton Heliopolis.
He further noted that AGEC company has established many residential, administrative and commercial units, elaborated that the company is currently marketing the Paramount Business Complex project in Sheraton Heliopolis after completing 100% of the project constructions.
Spanning over 20,000 sqm, Paramount Business Complex is a commercial administrative building. It is designed according to the specifications of U.S. Green Buildings Council (USGBC), to be the only Class A administrative building in Sheraton area, he disclosed.
AGEC chairman revealed the company’s plan in the coming period to open new projects in different areas, including an administrative commercial building in Fifth Settlement, New Cairo in addition to, completing construction phase to reach the prescribed percentage before offering it to customers.