Madinet Nasr Housing and Development’s (MNHD) board of directors approved on Monday an offer from Minka Real Estate Investment to purchase a 3,360 sqm piece of non-residential land in MNHD’s Taj City project for a total of EGP 184.8 mn, MNHD said in a statement (pdf). The plot is in the first phase of Taj City’s office park, will be used to develop a hotel apartments project.

Tags: