real estate Egypt Archives - جريدة الاخبارية

Tesla Developments to Finalize Green Town Deliveries by End of October

Posted on أكتوبر 12, 2025 by Fatma abdelhamed

Tesla Developments, a leading real estate developer in Egypt, has announced its plan to complete the delivery of its Green Town project in 6th of October City by the end of this month.

.This announcement underscores the company’s commitment to timely delivery and maintaining high construction standards across its developments

Strong Track Record in Timely Delivery

Ahmed Bashir, Founder of Tesla Developments, emphasized the company’s strong track record over recent years in meeting project deadlines and executing developments efficiently.

“Our focus on timely delivery has become a crucial factor for clients when choosing developers in Egypt’s competitive real estate market,” said Bashir. He added that Tesla Developments has been handing over units in the Green Town project gradually over the past year and is now set to finalize all deliveries by October.

Green Town: A Prime Family Housing Project in Hadayek October

.The Green Town project, spanning 18 acres in Hadayek October, currently accommodates over 1,000 families and features fully operational services and amenities

.The project’s strategic location in a rapidly growing area of West Cairo supports the increasing demand for integrated family housing

Comprehensive Development Strategy Focused on Client Trust

Yasser Mohamed, Co-founder of Tesla Developments, highlighted the company’s comprehensive development strategy that prioritizes client trust through on-time project completion and superior build quality.

Mohamed noted that Tesla Developments carefully selects project locations to ensure maximum investment returns, focusing on promising neighborhoods like Hadayek October and West Cairo.

Upcoming Launch of New Sustainable Residential Project

.Looking ahead, Tesla Developments plans to launch a new residential project featuring modern designs that align with Egypt’s vision for sustainable urban growth

“Customer trust, sustainability, and quality of life remain at the core of our company’s mission,” Mohamed added, reinforcing Tesla Developments’ position as a preferred choice amid strong competition in West Cairo’s real estate sector.

Madinet Masr Expands Tajed with The Prism Commercial Hub and LA7’s Biggest Wellness Branch

Posted on سبتمبر 28, 2025 by Fatma abdelhamed

Madinet Masr (EGX: MASR.CA), a leading real estate developer in Egypt, has announced two significant strategic partnerships aimed at enhancing its integrated commercial project, Tajed at Taj City.

The company signed agreements with Qubix Co. to develop The Prism—the first commercial and entertainment hub in Tajed—and with LA7, a premier health and fitness brand, to open its largest wellness and lifestyle branch within the district.

The Prism: A Unique Commercial and Entertainment Destination

Under the partnership with Qubix Co., Madinet Masr will develop The Prism, a 7,000 sqm commercial and entertainment center designed to offer a distinctive mix of dining, retail, and experiential spaces.

The Prism will feature premium fast casual and casual dining outlets, drive-thru units, and curated fashion retail stores, including a dedicated event space designed to support local brands and cultural activities.

.The hub will host 15 tenants from the food, beverage, and fashion sectors, with completion targeted by the end of 2026

LA7’s Largest Branch: Integrated Health, Wellness, and Recreation

The collaboration with LA7 will bring its largest branch to Tajed, spanning over 5,400 sqm. This comprehensive health and fitness center will provide an integrated ecosystem of services including personalized training, nutrition counseling, and group classes such as boxing and yoga.

Equipped with specialized courts for pickleball, badminton, padel, and functional training, it will also feature therapy and rehabilitation services, luxurious spa facilities, and recreational amenities like a sportswear retail outlet, a cooking school, and music rooms.

.The LA7 branch is expected to open in Q1 2027, elevating the wellness offerings within Tajed

Leadership Perspectives on the Strategic Partnerships

:Eng. Abdallah Sallam, CEO of Madinet Masr, stated

“At Madinet Masr, we aim to develop vibrant, integrated communities that enhance quality of life and meet evolving customer needs. Tajed reflects this vision by combining modern design with strategic partnerships, creating a holistic experience that seamlessly integrates retail, dining, and wellness. Collaborating with industry leaders enables us to add real value and position Tajed as a premier commercial destination in Cairo.”

:Karim Rafla, CEO of Qubix Co., added

“We are excited to partner with Madinet Masr to deliver The Prism—a pioneering commercial hub designed to redefine shopping and dining in Egypt. Our innovative architectural approach caters to the evolving lifestyle of urban Egyptians and supports local economic growth through dynamic retail and social spaces.”

:Omar Ghazaly, Founder of LA7, commented

“This partnership marks a milestone in expanding our health and wellness vision across Egypt. Our Tajed branch will offer an unmatched blend of fitness, wellbeing, and entertainment services, making it a landmark destination. Tajed’s strategic location and integrated design perfectly align with our mission to promote balanced and sustainable lifestyles for modern Egyptians.”

Tajed: A Premier Commercial Destination with Exceptional Accessibility

.Spanning over 39,000 sqm, Tajed is designed as an integrated commercial district hosting a variety of retail and service offerings

.The project has attracted leading brands including B.TECH, already operational, and Carrefour, scheduled to open in late 2025

Divided into nine zones with direct access from Cairo-Suez Road and proximity to the Ring Road, Tajed ensures easy accessibility for residents of New Cairo and surrounding areas, offering a superior shopping and lifestyle experience.

Brevan Developments Unveils New Lake House Phase with Premium Units & Flexible Payments

Posted on يونيو 28, 2025يونيو 28, 2025 by Fatma abdelhamed

Brevan Developments has announced the launch of a new phase of its flagship residential project, Lake House, located in New Obour City, offering a distinguished collection of premium units at competitive prices and with flexible payment options. This new phase comes in response to the strong market demand for integrated residential communities that combine luxury, quality, and affordability.

The announcement was made during a special ceremony attended by company executives, including Eng. Saeed Sakr, board member of Brevan Developments, alongside fellow board members Ibrahim Abdel Azim and Saber Zahran, as well as representatives from leading real estate marketing companies and strategic partners.

Premium Location and Attractive Investment Opportunities

Eng. Saeed Sakr emphasized that the strong demand for previous phases, driven by the project’s prime location, modern architectural designs, and diverse unit sizes, encouraged the company to launch this new phase. He noted that the latest offering includes residential units with stunning lagoon views, a variety of unit types, and discounts of up to EGP 3,500 per sqm, making it an attractive investment opportunity for buyers.

Lake House is strategically located near the New Obour City Authority and the city’s main entrance, with direct access to Al-Sabein Street, one of the area’s key roads. The project covers 9.5 feddans, featuring 19 residential buildings, a commercial mall with 135 retail outlets, two swimming pools, an artificial lake, a children’s play area, cycling and jogging tracks, landscaped green spaces, and 24/7 security services.

Diverse Unit Types and Flexible Payment Plans

The project offers a wide range of residential units designed to meet various lifestyle needs, including:

One-bedroom studios starting from 81 sqm

Two-bedroom apartments at 136 sqm

Three-bedroom units ranging from 155 to 170 sqm

Four-bedroom units at 215 sqm

Spacious duplex units reaching up to 335 sqm

Flexible payment plans are available, including:

15% down payment with installment options over 6 years

25% down payment with installment options over 7 years

Construction Timeline and Expert Partnerships

Sakr confirmed that construction is set to begin within six months, with unit handovers expected to commence in June 2028. The company has appointed Prof. Dr. Mohamed Abdel Rahman Abu Kahla as the project consultant, alongside partnerships with BEYOOT Engineering & Contracting and Al Saqr Contracting—firms recognized for their high standards and reliability.

Brevan Developments’ Expanding Portfolio

Brevan Developments has a robust portfolio of projects in Obour City, New Cairo, and Hurghada, including residential compounds and hotel developments. The company’s land bank includes prime plots in Sahl Hasheesh, New Cairo’s Fifth Settlement, and commercial sites in Obour City.

Looking ahead, the company plans to launch two commercial malls in Obour City and the La Quanda Compound in Sahl Hasheesh, in addition to ongoing developments. Brevan Developments also aims to expand into the New Administrative Capital and North Coast, building on its extensive experience in Egypt’s coastal real estate market, particularly Hurghada, where it has been active for over 15 years.

The company’s projects are primarily self-financed, supported by revenue from property sales, ensuring stability and consistent project delivery.