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City Edge Developments: Advising & Assisting

City Edge Developments: Advising & Assisting

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City Edge Developments S.A.E.

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City Edge Developments S.A.E.
Ahmed Eissa
Ahmed Eissa
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We advised City Edge Developments S.A.E., a leading real estate developer in relation to three memoranda of understanding entered into by international and local companies for the purpose of providing property and facility management services for New Alamein projects; management, sale, and marketing of the New Alamein commercial mall; and management of the entertainment area in New Alamein within the framework of developing New Alamein into an attractive tourist destination.

We advised City Edge Developments S.A.E. on the implementation of all sale and purchase agreements for all real estate projects developed across Egypt.

We are assisting City Edge Developments S.A.E. on day-to-day corporate governance matters, which includes drafting, negotiating and ratifying the company’s constitutional documents, minutes of general assemblies and board meetings; obtaining all required administrative and regulatory approvals; and liaising with the competent administrative and regulatory bodies in connection with the operation of the company.

We advised City Edge Developments S.A.E., acting on behalf of the New Urban Communities Authority and the Housing and Development Bank on the entry into a number of construction agreements, based on FIDIC standards, with a range of third party local and international contractors for the execution of all real estate development projects across the region.

We are advising and assisting City Edge Developments S.A.E. on all commercial dealings and arrangements concluded with third parties necessary for the company to carry out its day-to-day operation.


We advised City Edge Developments S.A.E., a leading real estate developer

Author
Elvis Waelchi
May 2020

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