“Urban Lines” for real estate development signs a memorandum of understanding with “Inova” to manage the “Levels Business Tower” project

Ashraf Tawfik

Urban Lines Real Estate Development Company, headed by Eng. Emile Abdullah, Chairman of the Board of Directors, signed a memorandum of understanding with Enova Egypt “to manage the Levels Business Tower” project, the company’s first project in the New Administrative Capital in the Downtown area, which the company recently put forward with a total estimated investment of about 5 billion pounds on an area of ​​​​18 thousand square meters, directly overlooking the Green River, and with a frontage of 90 meters, with a height of 41 floors, on three main streets, and near all the main axes of the New Administrative Capital.2022
Eng. Emile Abdullah, Chairman of the Board of Directors of the company, indicated during the signing of the contract that this memorandum comes within the framework of the company’s keenness to sign strategic partnerships with brands. prominent in all fields in order to enhance the investment value of the company’s projects and provide it with the best operators of integrated services and facilities, pointing out that To me, Enova is considered one of the leading companies in the field of providing energy and multi-technological services in Egypt and the Middle East and is able to manage the project, especially with the distinct capabilities and services that the project will include, explaining that the project is characterized by a unique, different and non-recurring design for the level of luxury and quality of services. Choosing a strong design and creating a distinctive brand that will be a very strong addition in the new administrative capital and is in line with the vision of the Urban Lines Company and the Kuwaiti First Group, which possesses the ability and experience that qualifies it to do something unique.
Abdullah added that the Levels Business Tower project consists of 41 floors, with a height of 153 meters, consisting of 5 floors of underground parking. The land and 36 recurring floors “administrative, commercial, tourist, hotel” on a total area of ​​18,000 square meters, in a privileged and unique location in the first row of the tourist towers on the northern axis of Mohammed bin Zayed and a direct view of the Green River for all units, pointing out that the company’s vision depends mainly on Making a real difference in the field of real estate development during the coming period in line with the development The unprecedented urban development that Egypt is witnessing now

Heba Kamal said – General Manager of Enova during the signing of the Memorandum of Understanding with Urban Lines Real Estate Development Company to manage the Levels Business Tower project that the company is one of the leading companies in the provision of energy and multi-technology services in the region, and manages more than 870,000 real estate on behalf of clients in the Middle East, in addition to its innovative tool for producing instantaneous and direct building energy data, ensuring that the client saves money and energy.

Kamal added that Enova aims to have a clear strategy to transform the real estate management industry by ensuring long-term cost and environmental benefits to focus on more green and economical energy.