Engineer Mustafa Jaber, member of the Real Estate Investment Chamber of the General Federation of Chambers of Commerce, announced the launch of the first mixed-use investment project in Shorouk City that includes commercial, administrative and medical activities, as part of a trend to present projects that rely on smart planning and meeting the needs of the real estate market.
He explained that the project is located in a strategic location in Shorouk City, which provides ease of movement and serves various activities, adding that the project is being built on a total area of about 6,400 square meters, with a construction ratio not exceeding 40%, and includes five buildings connected via architectural bridges, in the middle of which is a main square (plaza) on an area of 1,500 square metres, with a functional distribution that includes commercial activities on the ground, first, and second floors, administrative and medical activities on the third floor, and administrative activities on the fourth floor, with a ground height and 4 floors.
A member of the Real Estate Investment Chamber of the General Federation of Chambers of Commerce explained that the project depends on technological solutions in cooperation with companies specialized in smart mall systems, in addition to assigning management and operation work to a specialized company, to ensure efficient operation and sustainability of services.
The project includes a set of basic services, including electric elevators, central air conditioning, 24-hour security and guarding systems, in addition to mosques designated for women and men, with flexible designs to suit commercial, medical and administrative activities.
According to Jaber, the administrative and medical units will be delivered fully finished, while the commercial units will be delivered without finishing. The areas of the commercial units start from 29 square metres, while the areas of the administrative and medical units start from 35 square metres, all the way to spaces representing a complete floor.
He pointed out that the volume of investments directed at the project amounts to about one billion pounds, targeting sales of up to 3 billion pounds, with construction work to begin in April 2026, with an implementation timetable extending to three years.
He explained that payment systems start from a 5% down payment and installment periods of up to 8 years, within the framework of providing various investment opportunities for different segments of investors and entrepreneurs.
Regarding expansion plans, he confirmed that the project aims to achieve sales worth one billion pounds during the year 2026, and implement a completion rate of up to 30% of its projects, in addition to launching a number of new projects in Shorouk City, including an administrative commercial project on Gamal Abdel Nasser axis, a residential project, and another multi-use project on Al-Hurriya Road.
