MICHANIKI S.A.

Michaniki Egypt - Purchase of land plot in the city of Cairo

The Group of Companies MICHANIKI announces the purchase of a land plot in the region of Cairo, from the subsidiary company Michaniki Egypt Real Estate and Tourism Enterprises SAE.
The land plot has a surface of 17,820 sq.m and is easily accessible. It is being located in the region of Kerdasa-Cairo, in 2Km distance of the Archaelogical site of Pyramids, 12 Km away from the centre of the Ancient City of Cairo, 800m away from the Central Regional Highway of Cairo and 1,5Km from the Central Axis of Connection of Alexandria with Cairo. The land plot was purchased for euro 3,564,000.