KAPITALIZE is pleased to announce its strategic partnership with Coterie to roll out a heritage coworking space portfolio in downtown Alexandria and Cairo under a new brand named Mezzanine. The partnership will kick off with a space located in the Avierino building in downtown Alexandria.
Constructed on Fouad Street in 1928, the Avierino building has hosted a number of Alexandria’s cosmopolitan tenants and institutions over the years. Designed by the Greek architect P.Griparis, the building is characterized by its towering dome and Neo-Renaissance style. It is today a landmark in downtown Alexandria due the diversity of activities within the building.
Scheduled to start operation in November, the space will offer a large coworking area, a variety of private offices, and meeting rooms. The space benefits from other projects launched by Coterie in the same building as well, such as Shelter Art Space.
“We are very excited about our partnership with Coterie and look forward to embarking on this journey. Combining KAPITALIZE’s operational experience with Coterie’s passion for heritage properties is the perfect recipe for providing a distinctive offering,” said Ali Khadr, Founder and CEO of KAPITALIZE.
Founded by Ali Khadr, KAPITALIZE is a Cairo-based coworking operator and residential property management business. It currently manages over 5,000 square meters of coworking space spread across 4 locations in Cairo and Alexandria. It also manages over 30 residential units (villas and apartments) in East Cairo.