Business Loop International, a leader in managing and operating commercial malls and investment projects, has signed an agreement with Al Safwa Real Estate Development to manage and operate West Point Mall in 6th of October City under a 10-year usufruct system, Invest-Gate reports. The collaboration leverages Business Loop International’s extensive expertise in Egypt and abroad.

Located on a 19,000-sqm site, West Point Mall is envisioned as a comprehensive commercial, administrative, and entertainment destination designed to meet the growing market demands.

Mustafa Saeed, CEO of Business Loop International, emphasized the company’s mission to maximize the potential of underutilized real estate assets. “The redevelopment of West Point Mall reflects our vision to transform these underutilized properties into integrated commercial and administrative hubs that cater to West Cairo’s market needs,” he stated.

Saeed noted that while the mall already exists, it has not been utilized effectively. Business Loop will revamp the project to align with its target audience and activities, with the first phase slated for opening in Q2 2025.

“The redeveloped West Point Mall will offer a unique commercial experience, delivering value for the project owner and visitors alike. It aims to set a new benchmark in West Cairo, further solidifying Business Loop’s reputation as a market leader in managing commercial projects,” Saeed added.

Since entering the Egyptian market in 2021, Business Loop has managed 15 projects worth EGP 6 bn. The company provides end-to-end services, from initial site analysis to project operation, and aims to expand its footprint amidst Egypt’s booming urban development.