Contact Developments has announced that three of its landmark projects in the New Capital—Mercury Business Complex, Cayo Mall, and Quan Tower—are nearing completion and will officially operate within the next two years. The announcement underscores the company’s commitment to timely delivery and maintaining the highest standards of execution quality, Invest-Gate reports.
Eng. Khaled AlSeoufy, Managing Director of Contact Developments, revealed an exclusive investment offer that allows clients to secure their units with a down payment starting at just 15 percent, with the first installment due only after the unit begins operation. He explained that the initiative is designed to provide investors with greater flexibility while reinforcing trust in the company’s ability to deliver projects as promised.
AlSeoufy highlighted that the three projects reflect Contact’s strategy of combining prime locations, innovative architectural designs, and solid execution standards. He noted that they represent a significant contribution to the New Capital’s vision of becoming a world-class business and investment hub.
Mercury Business Complex, located in the heart of Downtown on a 2,800 sqm plot, consists of 11 floors plus a ground level, offering commercial, administrative, and medical units. The project has completed all structural works and is now in its final finishing phase. Cayo Mall, a major retail and entertainment destination, spans 7,100 sqm with a double-face frontage of 110 meters and features a food court of 3,200 sqm. Construction has been finalized, with interior finishing works underway. Quan Tower, the company’s iconic project in the Central Business District, rises more than 100 meters over 26 floors. Built on 4,200 sqm of a total 10,000-sqm plot, the tower has already reached its sixth floor, well ahead of schedule.
“The New Capital is not just a national project but a global investment platform that has reshaped the real estate scene in Egypt and the Middle East,” AlSeoufy said. “Its success reflects the country’s ambitious vision and creates unprecedented opportunities for developers and investors alike.”
He concluded by confirming that all three projects will be fully operational within two years, reaffirming Contact Developments’ focus on credibility, timely delivery, and creating lasting value for clients and the broader real estate market.