News

Wednesday 29 March, 2017

Cityscape award

Misr Italia Properties Confirms its Leadership in the Egyptian Real Estate Market Kai Ain Sokhna Wins Residential – Low Rise Project– Future Award at Cityscape 2017 Al Assal: The award reflects our strategy’s success and encourages us to develop more distinguished projects

 

In a move that confirms its leadership in the Egyptian real estate market, Misr Italia Properties won the Residential – Low Rise Project– Future Award for its prestigious project Kai Al Sokhna during its participation at Cityscape 2017.

 

The award for the best future low rise residential project, comes in recognition of Kai Al Sokhna, which has investments of approximately EGP 1 billion and represents a breakthrough in tourism and residential projects in Ain Sokhna.

 

Eng. Mohamed Hany El Assal, Co-CEO of Misr Italia Properties, stated, “We are honored to receive this award that comes from Cityscape, one of the most important real estate events.  It confirms that we are on the right path towards leadership in the Egyptian real estate market and encourages us to launch more luxurious projects to satisfy our esteemed customers.”

 

Kai Al Sokhna features a five-star hotel managed and operated by Hilton Worldwide with a full range of services and leisure activities.  It enjoys close proximity to the New Administrative Capital, Galala Road, and the main roads network connecting to all parts of Greater Cairo.  The project is a rare opportunity to enjoy Ain Sokhna’s exceptional weather all year, particularly since the project offers all services and leisure activities making it the perfect place to stay and relax every month of the year.

 

Kai Al Sokhna spans an area of 147,000 square meters and enjoys an exclusive beach extending 1,200 meters with golden sand and pristine waters. The project offers a diverse range of units including luxurious villas and chalets with innovative designs.  Most units are seafront with the further unit only 150 meters from the beach, in addition to private swimming pools for 35% of the project’s units, making it the ideal resort to relax.