"UC Developments" is one of the leading real estate companies in the Egyptian real estate market, as it is an investment entity resulting from the integration of a number of real estate expertise working in the fields of real estate investment and the architectural and engineering fields, which are under the management of a group of senior engineering consultants, including, Sameh Awwad El-Leithi, CEO, UC Developments decided to launch a number of projects during 2021 with an investment volume of about EGP 5 billion. These projects started with Uni Tower Mall - New Capital, followed by a series of various real estate projects in new cities that keep pace with market needs. UC Real Estate Development's history in the real estate market extends for about 20 years, during which it presented more than 70 distinguished real estate projects in different areas in New Cairo, Fifth Settlement, Maadi, and the 6th of October.
Sameh Awwad Al-Leithi, CEO of UC Real Estate Development, said about the reason for choosing UC to launch its first investment projects in the New Administrative Capital, that the capital will be the best commercial city in the Middle East without any competition because of its advantages that make it a tourist, cultural and entertainment capital. It makes the whole world eager to visit and invest in it, so the company decided to make its first investments in the capital with the Uni Tower 1 project, and Uni Tower 2, in the heart of the New Administrative Capital, Uni Tower New Capital, as they are located in the most strategic locations within the New Administrative Capital, on the first The largest square in the Downtown area, overlooking two corners of the central axis and the western axis, near the Ministries District and the Presidential Palace, a few steps from Al Masa Hotel and the Green River, minutes away from the Banks District, the Government District, and close to many of the Important and distinctive areas within the New Administrative Capital, such as the Exhibition City, the Medical City, and the Sports City. It is also distinguished by being 10 minutes from New Cairo, and 20 minutes from the Cairo International airport, and 25 minutes from Heliopolis.
Al-Leithi also stressed that the investment in the Administrative Capital came as a result of their belief in the importance of investing in the capital, especially after the huge achievement that has been achieved on the ground and the great interest of the political leadership in this civilized project, which will achieve Egypt its well-deserved position globally in the field of construction and reflects its ability to create smart urban communities. In addition, President Abdel Fattah El-Sisi’s insistence on the speedy completion of the capital and the transfer of the government to it during this year 2021 will have a great impact on the increase in the investment value of real estate units in general in the capital and commercial and administrative units in particular.