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Namaa begins leasing retail spaces at Valore El-Thawraa project under the name 'M Street'
Namaa begins leasing retail spaces at Valore El-Thawraa project under the name 'M Street'

Economic Key

time27-02-2025

  • Business
  • Economic Key

Namaa begins leasing retail spaces at Valore El-Thawraa project under the name 'M Street'

Namaa for Development and Real Estate Investment has begun leasing retail spaces in its project on El-Thawra Street, poised to become a premier retail destination in the heart of Heliopolis. The leasing operations will be managed by Namaa EXP under its 'M Street' brand. Eng. Emad El-Nattar, CEO and Managing Director of Namaa for Development and Real Estate Investment, said that partnering with M Street supports the company's strategy to provide a premium shopping and entertainment experience while ensuring swift project operation. El-Nattar added that M Street collaborates with leading Egyptian and international brands, reinforcing Namaa's vision of establishing a distinguished and ideal retail destination in Egypt. He explained that the M Street project is strategically located at the intersection of El-Thawraa Street and Hussein Kamel Street, one of the most vital hubs in the area. It features a 450-meter-long commercial frontage, offering an exceptional opportunity for brands seeking a prime location in the heart of Cairo. Spanning over approximately 17,000 sqm, M Street Heliopolis comprises 90 modern retail units, designed to provide a comprehensive retail experience that caters to diverse customer needs. The project also includes a 3,500-square-meter open plaza, specifically designed to host events and performances, further enhancing its appeal as a premier shopping and entertainment destination. El-Nattar added, 'We are confident that M Street Heliopolis will emerge as a premier destination for retail and entertainment in Heliopolis, driven by Namaa EXP's strategy to attract leading brands. Its prime location further enhances its appeal, making it an ideal choice for retailers seeking high-visibility commercial spaces.' تم نسخ الرابط

Namaa EXP Introduces M STREET brand for the first time in Egypt and the Arab World
Namaa EXP Introduces M STREET brand for the first time in Egypt and the Arab World

Economic Key

time17-02-2025

  • Business
  • Economic Key

Namaa EXP Introduces M STREET brand for the first time in Egypt and the Arab World

Namaa EXP for Mall Management has announced the launch of its new brand, M STREET, aimed at delivering a unique shopping and entertainment experience by attracting top local and international brands under the concept of shopping indulgence. The brand will make its debut with the M STREET Heliopolis project. Karim Ghoneim CEO of Namaa EXP said that Namaa EXP is responsible for managment & leasing process for retail spaces at M Street Heliopolis, the premium commercial section of Valore El-Thawraa project. With a substantial investment of EGP 4bn, it is set to become one of the leading shopping destinations in the area. The prime retail sqm features approximately 17,000 sqm of leasable area and expansive outdoor areas, stretching 450 meters along El-Thawra Street—one of the most vibrant streets in Heliopolis, he added. Ghoneim pointed out that 'M Street' specializes in creating an attractive environment for top brands, facilitating their presence in malls. This marks the beginning of a series of commercial projects under the M STREET brand, set to launch in various developments both within Egypt and internationally. He disclosed that the company aims to offer a unique and fully integrated shopping and entertainment experience across Egypt and the Arab world. He further explained that the launch of M STREET aligns with Namaa EXP's strategy to develop and manage premium commercial destinations that combine modern shopping concepts with contemporary entertainment elements. This approach caters to both visitors and investors, with M Heliopolis being the first step in this ambitious plan. تم نسخ الرابط

Egypt: Namaa EXP unveils M STREET Heliopolis with $79mln investment
Egypt: Namaa EXP unveils M STREET Heliopolis with $79mln investment

Zawya

time17-02-2025

  • Business
  • Zawya

Egypt: Namaa EXP unveils M STREET Heliopolis with $79mln investment

Egypt - Namaa EXP for Mall Management has launched its new brand, M STREET, introducing a premium shopping and entertainment experience that brings together top local and international brands under the concept of shopping indulgence. The brand's first project, M STREET Heliopolis, marks a significant milestone in redefining commercial spaces. Karim Ghoneim, CEO of Namaa EXP, stated that the company is responsible for the management and leasing of retail spaces at M STREET Heliopolis, the commercial hub of the Valore El-Thawra project. With an investment of EGP 4 billion, the development features 17,000 sqm of leasable retail space and expansive outdoor areas, extending 450 meters along El-Thawra Street, one of Heliopolis' most dynamic commercial zones. Ghoneim highlighted that M STREET is designed to create an appealing environment for top-tier brands, streamlining their presence in retail destinations. He emphasized that the company's goal is to offer a fully integrated shopping and entertainment experience across Egypt and the Arab world. The launch of M STREET aligns with Namaa EXP's vision to develop and manage modern commercial destinations, blending contemporary retail concepts with immersive entertainment elements.

Namaa EXP unveils M STREET Heliopolis with EGP 4bn investment
Namaa EXP unveils M STREET Heliopolis with EGP 4bn investment

Daily News Egypt

time16-02-2025

  • Business
  • Daily News Egypt

Namaa EXP unveils M STREET Heliopolis with EGP 4bn investment

Namaa EXP for Mall Management has launched its new brand, M STREET, introducing a premium shopping and entertainment experience that brings together top local and international brands under the concept of shopping indulgence. The brand's first project, M STREET Heliopolis, marks a significant milestone in redefining commercial spaces. Karim Ghoneim, CEO of Namaa EXP, stated that the company is responsible for the management and leasing of retail spaces at M STREET Heliopolis, the commercial hub of the Valore El-Thawra project. With an investment of EGP 4 billion, the development features 17,000 sqm of leasable retail space and expansive outdoor areas, extending 450 meters along El-Thawra Street, one of Heliopolis' most dynamic commercial zones. Ghoneim highlighted that M STREET is designed to create an appealing environment for top-tier brands, streamlining their presence in retail destinations. He emphasized that the company's goal is to offer a fully integrated shopping and entertainment experience across Egypt and the Arab world. The launch of M STREET aligns with Namaa EXP's vision to develop and manage modern commercial destinations, blending contemporary retail concepts with immersive entertainment elements.

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