Ismailia for Real Estate Investment looking to invest EGP 150 mn by year-end

Al Ismaelia for Real Estate Development aims to invest EGP 150 mn this year in purchasing new buildings and improving existing property, CEO Mohamed El Taher told Al Shorouk. The company is looking to buy four or five new buildings in the downtown area, El Taher said, without giving a timeframe. Al Ismaelia is the company responsible for the transformation of the downtown Cairo’s iconic La Viennoise building into the city’s coolest office space.