Cred Development

Castle changes its brand to “Cred” to develop its new project in West Cairo and its future projects

 

We will strive to provide added value to the Egyptian real estate market and expand our projects across the country. Creed is preparing to launch a residential project of 40 acres in Sheikh Zayed City, west of Cairo, and studying new investment opportunities in East Cairo and the North Coast as part of its expansion plan to build many new projects.

Ahmed Mansour, CEO of Creed, said that the company hopes to benefit from its recent success through an integrated vision and strategy, especially in the project in the New Administrative Capital, with the aim of expanding sales of its products and strengthening its presence in Egypt. real estate market in the coming period. Mansour added: In the coming period, we will strive to provide an added value to the Egyptian real estate market, expand our projects across the country and provide new visions in the field of real estate development, so we have a wealth of additions to a chief in addition to experience, it also includes a group of cadres with rich experience in the market Real estate.

Cred has generated more than £4 billion in total sales from the ‘Castle Landmark’ project in the New Administrative Capital since the project’s inception, with a total target of £5 billion, including 2021 sales contracted last year of £1 billion. The condominium apartments, as well as the commercial apartments in the Castle Gate shopping center, generated sale

Cred is developing a number of projects in the New Administrative Capital, among them the ‘Castle Landmark’ project, which is a mixed-use residential project being built on 43 acres of land with an investment of £3.7 billion, including 1,800 residences and 196 administrative and commercial properties. Castlegate units.


The fifth and final issue has been released. Last year, the project had a total of 500 units, and the first phase of the project is scheduled to be delivered in the previous quarter of this year and will be delivered on schedule, with delivery in installments for 6 months and completion in December 2024. Castle Landmark offers a full range of services, as well as a commercial district with the ‘Castle Gate’ shopping center, a 20-acre investment valued at £700m comprising 196 units with commercial and administrative activities.

Excavations have been completed and the company is targeting £400 million in sales from the Castle Gate shopping center. Cred is also developing a mixed-use “East Side” project in the MU23 area of ​​the Administrative Capital with a total investment of £800 million. The project will start in the second half of this year. The company aims to achieve contract sales of £400m for the project this year.



All (1)
Apartments (1)
Offices (1)

compound Ever west Cred 6 october

On the 6th of October, it presents the Ever West Compound project Opportunities for those [more]
On the 6th of October, it presents the Ever West Compound project Opportunities for those looking for their dream h [more]

We don't have any agents yet!

Contact Us

Schedule a showing?

Compare Listings