NTG Developments launches The Node in New Cairo with over EGP 5bn in investments
NTG Developments debuts The Node project in New Cairo and signs strategic partnerships
NTG Developments has announced the launch of its newest real estate project, The Node, located in one of the most strategic areas of New Cairo, with investments surpassing EGP 5 billion. This addition strengthens the company’s track record of successful and impactful projects in the real estate sector.
During a press conference, NTG also revealed the signing of strategic partnerships with several prominent collaborators. These partnerships include agreements with Engineer Ahmed Moharram, Chairman of the ACE Moharram-Bakhoum, Nader Fouda, co-founder of LDP+ Partners office, and Sherif Emad and Ahmed Gamal, founders of Boegow, a company under the Lxias Group that owns Long Black. These well-established entities bring a wealth of expertise in various fields, and will play a key role in supporting NTG Developments across all of its future projects.
Eng. Ezzat Azmy, Chairman of NTG Developments, stated that the new project is part of the company’s strategic expansion plan, aiming to diversify its investment portfolio and establish a presence in distinguished strategic locations. Therefore, a site was selected that aligns with The Node project’s activities and meets the requirements of the target customers.
George Massad, Head of Sales at NTG Developments, highlighted that the project is situated directly on Mohamed Naguib Axis, placing it in a prime location within New Cairo. The site stands out for its proximity to key areas in the Fifth Settlement, being just 10 minutes from the American University in Cairo (AUC), 10 minutes from the German University in Cairo (GUC), two minutes from the Ring Road, two minutes from the Sokhna Road, and only five minutes from Golden Square. This strategic location ensures easy access to all major roads and surrounding routes.
For his part, Shenouda Zarei, CEO of NTG Developments, said that the project is a mixed-use development, combining commercial, administrative, and medical spaces, with a ground floor and four additional floors. It will offer administrative units starting from 36 sqm, commercial spaces from 46 sqm, and medical units starting from 36 sqm. The project will also feature two parking garages to accommodate all visitors. The architectural design is modern, catering to the needs of both the unit owners and their visitors.
He further emphasized that the project will provide a range of services to ensure a well-rounded, integrated environment. The Node will include electric vehicle charging stations, a children’s playground, a creative center, two administrative entrances, three main gates, a 150-meter-long promenade, and a food court area. The project is expected to be completed and delivered by 2028.
Nasser Gad, Vice Chairman of NTG Developments, disclosed that the new project marks the company’s third initiative following the Evolve Tower development in the New Administrative Capital. Located in the prestigious Central Business District (CBD), which is home to iconic landmarks such as the Iconic Tower and the Chinese Towers, the project spans 3,500 sqm. It comprises two towers connected by glass bridges, rising 16 stories.
Additionally, Gad highlighted the company’s second project, Intown, situated in New Cairo on North 90th Street, just minutes from Mohamed Naguib Axis. The project covers 6,068 sqm and features a ground floor, three floors, and two underground levels. It will include a mix of commercial, administrative, and medical units in various sizes.
Shahat Hindi, Executive Managing Director of NTG Developments, emphasized that the diverse investment opportunities in the Egyptian real estate market, coupled with robust and genuine demand, are key drivers for the expansion plans of financially strong companies. Market research shows that projects which carefully consider every detail and integrate all essential success factors are more likely to succeed. This is precisely what NTG Developments is implementing in its new project, which is expected to attract significant interest from the target audience.
Eng. Khaled El Hegresi, Director at ACE Moharram-Bakhoum, stated that his office will be overseeing the execution of The Node project. He highlighted that the project aligns with all the criteria his office considers when selecting projects, including its strategic location, a well-defined execution plan, and the backing of a solid real estate entity like NTG Developments.
He added, “We are honored to collaborate with NTG Developments on this new project, and we will apply all our expertise and efforts to ensure that it reflects the prestigious name of ACE Moharram-Bakhoum, in line with NTG’s impressive track record and the quality they guarantee their clients. The project will adhere to the highest standards of excellence.”
Eng. Nader Fouda, co-founder of the LDP+ Partners office, explained that his office is acting as the engineering consultant for the project. With a wealth of experience and a track record of winning numerous international awards in architectural design, the office is responsible for designing The Node project.
Fouda emphasized that the office has developed a creative and unique architectural design that optimally utilizes the project’s location and fully maximizes the available space, ensuring an exceptional experience for all who visit.
He went on to note that the land’s distinct and remarkable location offers flexibility and opportunities for innovation in design, empowering the real estate designer to craft a unique and standout project. Additionally, NTG’s esteemed reputation only strengthens the collaborative efforts between both parties.
Sherif Emad, co-founder of Boegow, stated that his company is currently managing the marketing efforts for NTG, along with rebranding and refreshing the company’s visual identity. This initiative aligns with NTG’s expansion strategy and the introduction of its impressive project portfolio. Boegow is focused on rebranding NTG to build stronger client trust and establish its reputation for quality and excellence in its developments.
