Telal Developments has announced the completion of more than 120,000 square meters of construction works across a diversified portfolio of real estate projects, alongside designing over 1,000 villas and supervising the construction of 200 villas, reinforcing the company’s growing footprint in Egypt’s real estate sector.

Eng. Sayed Saber, Chairman of Telal Developments, stated that the company launched its operations in Borg El Arab in 2015 through its construction and contracting division. The company successfully delivered 34 residential buildings comprising 816 fully finished residential units, helping establish a strong foundation of expertise in the Egyptian real estate market.

Expansion into Residential and Tourism Projects

Saber explained that the company later expanded into residential and tourism developments by implementing 40 villas in the Suez Canal Corridor area, in addition to 200 chalets on the North Coast. These projects significantly enhanced customer confidence and strengthened Telal’s reputation as a fully integrated real estate and construction company.

He added that Telal Developments also established a specialized engineering consultancy entity, which successfully designed more than 1,000 villas and supervised the execution of over 200 villas, based on a modern engineering vision aligned with evolving market demands.

Strong Expansion Plans in October, Sheikh Zayed, and New Cairo

According to Saber, 2020 marked a strategic turning point for the company as it officially entered the real estate development sector through a diversified portfolio that included commercial malls, tourism projects, and a 20,000-square-meter commercial and entertainment promenade, in addition to an integrated residential compound and a fuel station in strategic locations.

He further noted that Telal Developments currently owns a strong land portfolio across several high-potential cities, including 6th of October, Sheikh Zayed, New Cairo, El Shorouk, El Obour, and Borg El Arab, as part of its expansion strategy targeting high-investment-growth areas.

Strategy Focused on Integrated Real Estate Development

Saber emphasized that the company continues to follow a strategy focused on transitioning from construction and contracting into fully integrated real estate development, creating added value for the Egyptian real estate market while aligning with Egypt’s ongoing urban development plans.