First Group to spend EGP 450 mn on Kenz project in 6 October

First Group Real Estate is expecting to spend EGP 450 mn this year on their Kenz Compound project in 6 October City, Chairman Bashir Mostafa tells Al Mal. The investment will go toward completing construction work on the project sometime mid-next year. 65% of the project has already been finished, with First selling 60% of homes since launching in 2015.