Misr Italia Properties invests USD 77m in launch of Vinci Lagoons
Egyptian real estate developer, Misr Italia Properties, the real estate subsidiary of Misr Italia Holding, has launched the new phase of Vinci project with an investment of EGP1.50 billion (USD77.3 million).
The new Cairo residential project Vinci Lagoons New Capital spans over 110 acres, near the Diplomatic District in the New Administrative Capital (“NAC”). The project features NAC’s first swimmable lagoon extending over 5000 sqm with a 700 meter shoreline.
Legal counsel Ahmed Saleh (pictured) lead the legal team at Misr Italia Properties.