Egypt will be home to a new Forbes Tower, boasting environmentally sensitive design features
Cairo is set to welcome a new iconic commercial project, the Forbes International Tower. This USD 1 billion development, a joint venture between Rawabi Holding and Magnom Residence, is poised to redefine luxury and sustainability in Cairo's real estate market.
The Forbes International Tower, designed by Adrian Smith + Gordon Gill Design (AS+GG Design), is a Platinum LEED-certified building, aiming to be a lifecycle net-negative carbon structure. This commitment to sustainability is evident in its eco-friendly features, such as innovative green lighting solutions in partnership with the German luxury lighting brand Occhio.
The tower, located in the north Central Business district of Cairo's New Administrative Capital, will consist of 55 floors of adaptable office spaces and 2 storeys of premium retail experiences. It will stand out with its unique glass, steel, and photovoltaic design, incorporating solar panels, automated cooling and heating field devices, and intelligent structure technology. This design, described as 'ecologically responsive' and 'biophilic', aims to improve air circulation, bring nature indoors, and boost employee well-being.
The Forbes International Tower is more than just a commercial project. Mike Federle, CEO of Forbes, views it as an extension of their global impact, promoting women's rights, entrepreneurialism, and responsible business practices. It marks the first time Forbes has been branded as a business tower, a testament to its commitment to these values.
The launch of the Forbes International Tower coincides with a favourable macro-economic outlook in Egypt and increasing investments in the MENA region. This development is expected to provide a suitable environment for businesses to thrive in Cairo, one of the most iconic cities worldwide.
By setting a new benchmark for luxury commercial developments, the Forbes International Tower is likely to influence future developments to follow similar green standards. It showcases the growing interest in sustainable, high-end commercial properties in the region, positioning Cairo as a hub for innovative real estate projects that balance luxury and environmental responsibility.
While specific market data for Egypt was not detailed in the search results, the tower's impact on Egypt's real estate market is clear. The Forbes International Tower is expected to be an 'ecologically responsive' and innovative addition to the Cairo skyline, heralding a new era of sustainable development in the city.
- The Forbes International Tower, with its Platinum LEED-certified status, aims to be a lifecycle net-negative carbon structure, showcasing a strong commitment to climate-change mitigation and environmental-science practices.
- In partnership with German luxury lighting brand Occhio, the tower will feature innovative green lighting solutions, further emphasizing its dedication to sustainability.
- By incorporating solar panels, automated cooling and heating field devices, and intelligent structure technology, the tower's unique design embodies the principles of science and technology, striving for energy efficiency and minimal environmental impact.
- The Forbes International Tower's 'ecologically responsive' and 'biophilic' design not only seeks to redefine luxury in Cairo's real-estate market but also aims to contribute to its occupants' well-being by improving air circulation and incorporating elements of nature.
- As a joint venture between Rawabi Holding and Magnom Residence, and with Forbes' branding as a business tower, this development symbolizes a significant investment in the business, finance, and technology sectors of Cairo's growing economy.
