Royal Developments achieves 130% of its sales target and announces the launch of 13 new projects in parallel early 2022, Invest-Gate reports.

Royal Developments CCO Saher Magdy points out that the company has successfully achieved 130% of it sales targets in 2021, in addition to delivering some of its projects while the rest are underway. “Adhering to the implementation schedule is the company’s top priority,” he stresses.

Moreover, he explains that the company has an expansion marketing plan for 2022, aiming at achieving a sales growth rate compared to that was achieved during 2021.

Additionally, he declares that the company has a portfolio of individual projects in New Cairo, pointing out that New Cairo is a city characterized by integrated services, high occupancy and proximity to NAC, making it an attractive area to clients.

Magdy further highlights that the global inflationary wave will lead many customers to invest in the real estate sector, which is considered a safe haven for investment.