ArabFinance: Egyptian Resorts' (EGTS) Board of Directors (BoD) approved on Sept. 26, 2019, launching a new premium-real-estate project which is called "270" on land totaling 44,354 sqm.
The building area of the project will amount 35,000 sqm, noting it will include 321 units. It is expected to finalize the construction works in 2025 with construction costs of EGP 444.4 million.
The company anticipated generating revenue from "270 project" of EGP 1.155 billion.
Read More: Egyptian Resorts to revoke $41M contract for selling 4 lands from its portfolio