CCR Developments has officially announced plans to launch its third real estate
project in Egypt’s New Administrative Capital (NAC), reinforcing the company’s
long-term confidence in the city’s investment potential and its growing appeal as a hub
for modern living and business
According to Dr. Remon Taghian, CEO of CCR Developments, the new
development comes as part of the company’s strategic expansion after the success
of its previous flagship projects—Front Gate and CORE—both located within the NAC
Front Gate: A Fully Integrated Mixed-Use Project
Front Gate is a prominent mixed-use development comprising commercial
administrative, medical, and hotel units. The project is built on a 4,000 sqm plot and
includes a ground floor plus seven upper floors. It is strategically located near Mostakbal
City, serving residents and businesses across the New Capital, Madinaty
and surrounding areas
Dr. Taghian confirmed that the construction of the project has reached major milestones
100% of the concrete structure completed
60% of electromechanical works finalized
Over 70% of façade works delivered
CORE: A Prime Location in the R3 District
CCR’s second project, CORE, is a commercial and administrative complex situated
in the vibrant R3 district. It enjoys a strategic position at the intersection
of two major 70-meter-wide roads and overlooks the main corridor connecting
Sports City, the Mohamed Bin Zayed Axis, and the Central Business District
The project is located just minutes from the NAC’s main gate, with ongoing construction
progressing steadily
40+ Years of Real Estate Experience in Egypt
With a strong track record of over 40 years in the Egyptian real estate market
CCR Developments has successfully delivered more than 150 standalone developments
and 250 commercial units in East Cairo. The transition to large-scale projects in the
New Capital marks a significant milestone in the company’s growth strategy
Upcoming Launch to Strengthen Market Presence
CCR Developments Dr Taghian concluded by stating that the proven success of
the company’s existing
projects forms a solid foundation for the upcoming third project launch The new
development is expected to introduce innovative concepts to the real estate
market in Egypt, while enhancing the company’s position as a leader in
high-quality, mixed-use urban developments in the NAC
