United for Real Estate Developments announced its Signing Ceremony on Tuesday, 3 January 2023, with Concorde International Hotel and Resorts Managing G-Bay – Ain Sokhna by its hotel Services and Management.
The signing ceremony was covered by the biggest Real Estate Newspapers & Magazines such as “aqargate & property plus”
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The contract was signed by Eng. Mohamed Hafez Al-Zabalawi, Chairman & CEO of United for Real estate Development and “Simon Penhaligan” Director of Residents Concorde International Hotels.
Eng. Muhammad Hafez Al-Zabalawi pointed out that United Development is implementing G-Bay project with the highest quality standards, which will guarantee the cooperation with successful entities in all the project details.
Ahmed Mounir, Managing Director of United for Real Estate Development highlighted that the cooperation With Concord International achieves added value to the project.
The high occupancy rate in the hotel, and enhances the investment value of the project, which raises the return investment for residential and hotel units.
He also added that about 25% of the project has been marketed Since its launch in early 2022, the company has been marketing the project according to a gradual sales plan
The second phase of the project will be launched during the second quarter of 2023.
“Simon Penhaligan” said that Concord chooses carefully Branded projects on it, so that it fits with the rest of the projects Managed by the company, it also achieves a hotel experience
Distinctive and unconventional for the target customers the company, explaining that the project will provide services variety of customers.