Ibtkar Developments has officially announced the launch of its newest commercial and administrative flagship project, “IB Axis,” located in the heart of New Cairo’s Fifth Settlement, with total investments amounting to EGP 1.5 Billion.
The launch of “IB Axis” comes as part of the company’s expansion strategy to meet the rising demand for premium administrative and retail spaces. The project boasts a strategic location in the Gardenia area directly on the Mohamed Naguib Axis, offering seamless accessibility to key landmarks including 90th Street, the Middle Ring Road, and the American University in Cairo (AUC).
Mr. Mohamed El Shamy, CEO of Ibtkar Developments, stated that “IB Axis” marks a major milestone for the company. He highlighted that the project was designed according to the highest international architectural and operational standards to provide an ideal environment for business growth and investment returns.
Key Highlights of “IB Axis”:
Flexible Spaces: Spanning over an area of 4,000 sqm, the project offers flexible commercial and administrative units starting from versatile sizes tailored to various business requirements.
Specialized Zones: The development features designated dining and cafe zones, an advanced tech zone, and an exclusive leisure rooftop.
Top-Tier Facility Management: Partnered with In Commercial for facility management and operations to ensure high-quality operational standards and long-term asset value.
Flexible Payment Plans: Offering investor-friendly payment plans starting with a 10% down payment and installment options up to 8 years.
The company reaffirmed its commitment to delivering innovative real estate solutions under its slogan “Unlock More With Axis,” further solidifying its position as a key player in the Egyptian real estate market.
