3 Best Tips for Smart Administrative Location Choice
In today’s competitive business environment, choosing the ideal administrative location for your company requires careful consideration. Your office location is more than just an address; it’s your key to excellence. A visually appealing location alone is not enough. Understand your clients—who they are, where they are, and their needs and preferences.
Select an easily accessible location that attracts your target customers and boosts their satisfaction. Compare yourself with competitors—what do they offer, and how can you surpass them in pricing and value? This approach helps you gain a competitive edge with a location that balances client proximity and superiority over competitors.
If you’re wondering how to choose the ideal administrative location for your business in Egypt, we provide comprehensive guidelines for success and excellence, revealing key points:
Table of Contents
1- How does the new urban trend affect the choice of administrative location?
Egypt is currently experiencing a significant urban transformation, with the development of new cities and the expansion of urban areas, significantly influencing how companies select their locations. It is expected that Egypt’s urbanization rate will reach between 60% and 65% by 2030 meaning more people will live in cities, increasing the demand for administrative and commercial services. New cities like the New Administrative Capital and 6th of October City boast advanced bases and modern facilities, improving employees’ quality of life and creating an ideal business environment. As more companies and investors move to these new cities, the demand for administrative offices rises. This highlights the importance of choosing a site that aligns with new trends to ensure business sustainability.
Integrated commercial complexes and cities have become a significant trend, providing comprehensive work environments that combine residential, administrative, and commercial spaces, meeting the needs of modern businesses.
Where SODIC launched Eastown District New Cairo, an integrated commercial complex with new administrative units. Hyde Park is developing a new commercial area with 21 buildings spanning 116,000 square meters. REDCON Medical Park offers a medical complex of 11,000 square meters. Upcoming projects like “Office Park” featuring luxurious administrative offices overlooking green spaces and an artificial lake, and “EDNC” spanning 90,768 square meters for walking, shopping, and working, are expected to increase such complexes.
However, with the growing number of these complexes, we must address an important point:
2- How to choose a location within an integrated commercial complex that includes all services?
Integrated communities provide an ideal environment for companies, offering residential, commercial, and entertainment spaces in one place. In Egypt, cities like the New Administrative Capital are designed to provide integrated environments with all essential and entertainment services, enhancing social relationships and local partnerships. This integration improves a company’s image and its connection to the community.
Here are some important points to consider:
- Proximity to other companies and organizations in your field
Being close to other businesses and organizations in the same field is important because it helps share knowledge and experiences, makes the supply chain easier, lowers costs, boosts innovation, and attracts talent, giving you a strong competitive edge. For example, Honda chose to build a factory in Ohio, USA, to take advantage of a strong automotive industry, skilled workers, and lower production costs.
- Access to public transport and closeness to main areas.
Access to public transport and closeness to main areas create an ideal work environment, enhancing companies’ competitive position. A good location is an advantage when presenting job offers, as candidates weigh the pros and cons. It attracts talent and reduces stress and anxiety. Studies show that employees commuting long distances to work experience a 12% increase in stress levels, which negatively affects their focus and productivity. They are also 33% more likely to suffer from depression.
Your lively “vibrant” destination might be the new cities. New Cairo, particularly Fifth Settlement and Mostakbal City, along with the New Administrative Capital, are experiencing significant business development. Commercial towers and major companies are located near main metro stations and key areas.
- The Importance of Technology and Smart Infrastructure in Administrative Location
The availability of advanced technology and smart infrastructure in administrative locations is crucial. In Egypt, smart cities like the New Administrative Capital are being developed with advanced technologies, making them attractive to modern businesses. Technology improves daily maintenance and management, enhances communication between administrative teams, and can contribute to designing advanced and sustainable administrative facilities.
The choice of tech giants like Google and Facebook for their Silicon Valley location was no accident; the environment of innovation and advanced technology contributed significantly to their growth.
- Impact of location on employee health and well-being
Green spaces and sustainable practices have a significant positive impact on health and productivity in work environments. These spaces reduce stress, increase focus and psychological comfort, and enhance productivity. The presence of green areas can increase productivity by 8-11%. Comfortable and motivating work environments are essential for company success today. Entertainment facilities like gyms, cafes, and social spaces within office complexes increase employee job satisfaction and promote collaboration and communication among employees, enhancing a strong and encouraging company culture. This environment generates new ideas and improves the quality of products and services offered.
New projects in the New Administrative Capital and other urban areas in Egypt pay special attention to creating green spaces to enhance environmental sustainability and provide healthy and social work environments. These spaces include gardens, walking paths, and outdoor seating areas, supporting employee well-being and making administrative properties more attractive to companies and employees alike.
- Safety and security standards
Workplace safety has become a top priority for companies, with many investing in advanced security measures to ensure the safety of their employees and protect their assets. New urban projects increasingly incorporate advanced security systems like monitoring cameras, stealing and fire alarm systems, electronic gates, and ID cards for access control, and trained security guards to monitor the building. These measures reflect the growing recognition of the importance of a safe work environment.
However, safety alone is not enough. To ensure sustainable success in a world full of economic challenges and instability, it’s crucial to surround yourself with protection against risks. Therefore, choose a location with the flexibility to adapt to crises.
3- How to choose a flexible administrative location that can adapt to crises?
- Choosing a location that offers possibilities and flexibility for future expansion
Consider the potential for future growth without needing to move to a new location. A site that offers additional space or the ability to expand construction can effectively support your company’s growth.
- Locations that receive government support during crises
Choosing a location that receives government support during crises can be a strategic advantage. Government support can come in the form of tax breaks, financial assistance, or even procedural facilitation. This type of support can help companies navigate difficult times and provide opportunities for growth and stability during challenging periods.
Future of Investment in Administrative Units in Egypt
Your best investment strategy right now might be investing in administrative Units. New Cairo is experiencing an extraordinary boom in the value of administrative unit prices. In the Fifth Settlement, administrative meter prices ranged between EGP 200,000 and EGP 300,000, rising by 33% to 50% compared to last year, making it the area with the highest administrative unit prices in Egypt. Similarly, New Sheikh Zayed recorded over EGP 200,000 per meter. In the New Administrative Capital, prices have reached EGP 205,000 per meter. These trends reflect promising and profitable investment opportunities, making investment in administrative units an attractive option for investors in the Egyptian real estate market.
However, navigating the latest market developments and meeting all your requirements and needs in a single administrative unit can be complex and challenging. It requires specialized skills and a comprehensive market vision, and you might need to consult real estate experts.
How can a real estate consultant help you choose the right business location?
Enlisting an experienced real estate consultant saves you time, effort, and money. They analyze your business needs, provide exclusive opportunities, help you avoid costly mistakes, and ensure your long-term success by evaluating the market, negotiating effectively, and providing ongoing support.
At AFFSQUARE, we use AI technologies to identify the best opportunities and locations that meet your needs and adapt to the environment that attracts your clients. Our team of professional real estate consultants simplifies this process for you, achieving multiple successes with other companies in selecting the perfect administrative offices, helping them achieve remarkable growth and a 20% increase in revenue.
Don’t let the search for the perfect location for your company distract you from focusing on your business. Hire a professional real estate consultant to ensure you make the right decision that supports your success.
Contact us at AFFSQUARE today, and let us guide you toward the best administrative real estate investment decisions for success and prosperity!