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[BUSINESS] · Egypt · 2 sources

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Times Developments launches Avelin Boutique project in New Cairo

Times Developments has announced the launch of the Avelin Boutique hotel project in New Cairo, in partnership with hospitality management specialist Lemon Spaces. The collaboration aims to operate and manage 150 serviced hotel apartments within the development, utilizing technology and artificial intelligence to enhance the hospitality experience.

The project represents a total investment exceeding 3 billion Egyptian pounds. Spanning 21 acres in the Fifth Settlement area, the development is divided into two main components: Avelin Residence, a boutique compound offering various residential units including duplexes and serviced apartments, and Mall T Hub, a commercial and administrative destination covering approximately 10,000 square meters.

Times Developments reported that approximately 30% of the construction work has already been completed prior to the official market launch. The project design prioritizes privacy and green space, with landscaping and greenery accounting for roughly 80% of the total area. The site is located near Al Rehab City and provides direct access to major regional axes, including the North 90th Axis.

Entities

Avelin Boutique · Lemon Spaces · Mall T Hub · New Cairo · Times Developments