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K Developments launches EGP 1.5bn Palencia Plaza in Shorouk City
May 3, 2026
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K Developments has launched Palencia Plaza, a mixed-use project in Shorouk City, east Cairo, with investments estimated at EGP 1.5bn. The development forms part of the company’s expansion strategy in commercial, administrative, and medical real estate. Chairperson Omar El-Fayoumi said the project reflects K Developments’ focus on areas with rising demand for non-residential property, particularly [] The post K Developments launches EGP 1.5bn Palencia Plaza in Shorouk City first appeared on Dailynewsegypt.
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