Margins Developments launches Sheraton Residence, a new $8.5 billion hotel-resort in Egypt.

Margins Developments, an Egyptian real estate firm, has launched the Sheraton Residence, a new residential hotel resort in New Cairo. The project, the first Sheraton-branded residential resort in Egypt, spans 35 feddans with 190 units and includes amenities like restaurants, entertainment, and hotel-style pools. The investment totals over EGP 15 billion, with plans to invest an additional EGP 2.5 billion by 2025.

November 10, 2024
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