EASTLANE – an ultra-modern, mixed-use commercial project set to open in the heart of New Cairo – has sold out all of its administrative offices just four hours after real estate company Urbnlanes Developments, a member of Egyptian-Kuwaiti developers Emeel Abdalla Investments, made them officially available to the public. The sales are estimated to add up to EGP 700 million.
Strategically situated on the last distinctive plot of land in the Fifth Settlement overlooking South 90th Street in front of Concord Plaza, EASTLANE promises to shake up the neighbourhood with its luxurious fine dining destinations and a selection of premium shops. Its accessible location near American University in Egypt, Deutsch Haus and Waterway II could explain why EASTLANE is already in such high demand, alongside its stylish design by Eng. Raef Fahmi – the same name behind some of Egypt’s most dashing destinations like 5A by the Waterway.
Managed by renowned facility management giant ENOVA, and branded by Longeblack, EASTLANE promises to house a community of up-and-coming entrepreneurs. EASTLANE is Urbnlanes’ second project in Egypt, with an investment of 2 billion EGP, out of an initial investment that reached up to 11 billion EGP. This new launch comes six months after the successful launch of Urbnlanes’ first project in Egypt, LEVELS TOWER.
