• Renowned restaurateurs Alia Helmy and Omar Fathy have chosen District 5 for their flagship Eatery restaurant and World of Food store

Cairo, Egypt: – District 5, MARAKEZ’s signature project in East Cairo, welcomes two of the most renowned restaurateurs in Egypt, Alia Helmy and Omar Fathy, who will establish their 2,000+ sqm flagship Eatery, and World of Food store there.

“Successful developments connect people and places—physically and socially—by creating memorable, enduring experiences and this is what we foresee at District 5 (D5). MARAKEZ takes commercial projects to the next level,” said Omar Fathy, co-founder of Eatery.

“D5 is a walkable destination encompassing a 240,000 sqm office park and 100,000 sqm retail, F&B and entertainment venue, setting the benchmark for mixed-use developments in Egypt,” said Ashraf Maklad, CMO, MARAKEZ.

"We're excited to expand Eatery and bring our flare to D5, an all-encompassing destination that truly is the first-of-its-kind in Egypt," said Alia Helmy, co-founder of Eatery. “New Cairo residents have expressed great interest in our offerings and we're eager to finally make our cuisine and World of Food store more readily available to that community.”

District 5 is MARAKEZ latest development in Egypt. D5 includes D5M, the first mall in New Katameya spread on 100,000 sqm with 60,000 Gross Leasable Area (GLA) as well as a 240,000 sqm office park, Mindhaus, with thoughtful spaces for community engagement. It fuses a walkable lifestyle element with its exclusive 1,800 residential units at District Five Residences that are adjacent to the commercial destination.

-Ends-

About MARAKEZ for Real Estate Investment

MARAKEZ is a subsidiary of the Saudi Arabian conglomerate and largest mall developer and operator in the region – The Fawaz AlHokair Group. MARAKEZ is one of the largest mixed-use developers in Egypt with a portfolio of projects with one of the highest recurring revenue profiles in the country. Anchored by the flagship Mall of Arabia in West Cairo, MARAKEZ projects include the first residential towers in 6thOctober, AEON, as well as D5M, Mindhaus and District Five residential project in New Katameya. In addition to the opening of Mall of Tanta in 2019, Town Center in 2020 and the upcoming opening of Mall of Mansoura in 2023.

For more information, please visit:
www.marakez.net    
www.fawazalhokair.com 
www.arabiancentres.com 
or call on: 19876

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.