Who is the developer of Hub 88 Mall New Capital?

The company that owns Hub 88 Mall New Capital is Eight CL

Office space 80m for sale in Hub 88 Mall New Capital

Reference: NS 91094

EGP 3,700,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 3,700,000

Office space 80m for sale in Hub 88 Mall New Capital

Reference:

NS 91094

Price:

EGP 3,700,000 Installment

Price / Sqm:

EGP 46,250 Per Sqm

Finishing Status:

Super Lux

Area:

80 sqm

Delivery In:

2025

Listed:

Fri 12 May 2023

About Hub 88 Mall New Capital

Office for Sale in Hub 88 Mall - New Capital By Eight CL - Delivery Year 2025

As a lawyer, I can provide legal insight into the development of Hub 88 Mall in New Capital, Egypt.

Hub 88 Mall is a large-scale commercial project under construction in the New Administrative Capital of Egypt. The mall is being developed with the aim of providing a premium shopping and entertainment experience for visitors.

From a legal perspective, there are several key considerations that must be taken into account during the development of such a large commercial project. Obtaining the necessary permits and approvals from the relevant authorities is the first step in ensuring compliance with regulations. This would typically involve submitting detailed plans and specifications for the project, along with relevant documents such as environmental impact assessments and permits for building construction.

Another critical consideration is ensuring compliance with all relevant laws and regulations governing construction and land use in Egypt. This includes adherence to building codes and regulations, as well as ensuring that the project meets all environmental and safety standards. Developers must also consider the zoning laws and land use regulations in the specific area where they are building, to ensure that their project is in compliance with these regulations.

Additionally, the contractual agreements that will be put in place to govern the construction and operation of the mall are an important legal consideration. These contracts will typically include agreements with contractors and suppliers, as well as lease agreements with tenants and other stakeholders.

Another important legal aspect is the structure of the project itself. It is important that it is structured in a way that is appropriate for the specific legal and regulatory environment in Egypt. This may involve setting up special purpose vehicles or companies to hold the assets and operate the mall, and ensuring that all necessary legal and tax considerations are taken into account.

Overall, the Hub 88 Mall project in New Capital presents a range of legal challenges that must be carefully managed in order to ensure success. By working with experienced legal professionals who understand the relevant laws and regulations, developers can ensure that they have the necessary tools and support to navigate this complex landscape and achieve their goals.

MLS Realty
+201200070979