Jnoub Koronfil Developments Launches Phase Two of Its Iconic Najma Walk Project in New Cairo

Following the swift sell-out of its first phase, Jnoub Koronfil Developments has announced the launch of the second phase of its flagship project, Najma Walk in New Cairo. The new phase offers a variety of units with competitive payment plans and attractive investment advantages, reaffirming the company’s strong position in Egypt’s real estate market.

Responding to High Demand.

The company’s Board of Directors stated that the decision to launch Phase Two reflects the rising demand for Najma Walk, highlighting customers’ confidence in the company’s vision and the superior quality of its real estate offerings. They emphasized that the development stands out as a valuable addition to the market with its meticulous planning, modern architectural design, and prime strategic location.

Innovative Investment Solutions.

Jnoub Koronfil Developments underscored its commitment to delivering innovative investment opportunities through flexible payment plans tailored to meet the needs of a wide range of customers. The simultaneous launch of Phase Two and commencement of construction demonstrates the company’s dedication to honoring its commitments and delivering on schedule.

Strategic Partnerships.

The company also highlighted several strategic partnerships designed to enhance the investment value of Najma Walk. Among them is an agreement with International Workplace Group (IWG)—the world’s largest and fastest-growing provider of flexible workspaces—to manage and operate the project’s office spaces under the Regus brand. Additionally, a partnership was signed with Concord Hotels & Resorts, which will oversee hospitality management within the development.

Board of Directors’ Vision

At a special ceremony celebrating the launch of Phase Two, attended by Jnoub Koronfil Developments’ executives and success partners, members of the Board of Directors stressed the broader significance of the project.

•⁠ ⁠Mr. Mohamed El Nemki, Board Member, noted that the Egyptian government plays a pivotal role in fostering a favorable investment climate, adding that the country’s political and economic stability provides an ideal environment for launching landmark projects like Najma Walk.

•⁠ ⁠Mr. Mohamed Kadry, Board Member, emphasized that Egypt’s economic resilience sends a strong message of reassurance to investors, reinforcing confidence in the real estate sector, which has emerged as one of the country’s most attractive investment arenas.

•⁠ ⁠Dr. Montaser Abdel Baky, Board Member, explained that the company is pioneering the introduction of income-generating properties in New Cairo, offering guaranteed returns for up to ten years. He described this as a rare opportunity for investors to secure low-risk units with sustainable long-term yields.

Dr. Abdel Baky also highlighted the company’s appreciation for its success partners, particularly real estate marketing firms, stressing that their collaborative spirit adds genuine value to Egypt’s real estate product.

A Landmark Development in New Cairo

Najma Walk is one of the most prominent mixed-use developments in New Cairo, combining commercial, administrative, hospitality, and medical spaces. Strategically located in the heart of a high-demand area, the project delivers integrated solutions that serve both local residents and investors while elevating the overall quality of life.

With its premium location, strong investment incentives, and innovative vision, Najma Walk is poised to become a leading destination that contributes to Egypt’s economic growth and redefines the future of integrated urban developments.