Kulture Developments has launched its new mixed-use project, Patterns, in the heart of Fifth Settlement, New Cairo, in partnership with IGI, with investments of around EGP 5bn. The project reflects growing confidence in the strength and resilience of the Egyptian real estate market, Invest-Gate reports.

Mohamed Abdel Hamid, CEO of Kulture Developments, said the development represents “a qualitative leap in the concept of mixed-use developments,” emphasizing its focus on innovative design, sustainable operations, and guaranteed investment returns. He added that the partnership with IGI brings significant added value due to the company’s strong development expertise and supports investor confidence in the market.

Patterns spans a land area of around 11,000 sqm with a built-up area of 20,000 sqm, positioning it among the most prominent commercial, administrative, and medical destinations in East Cairo.

Abdel Hamid noted that the project features a distinctive European-style architectural design and a strategic location along one of Fifth Settlement’s key axes. It sits on a corner plot overlooking two streets, directly facing the Public Prosecutor’s Office and surrounded by prominent residential compounds and major commercial hubs.

The development includes retail, administrative, and medical components, offering units starting from 50 sqm for offices, 35 sqm for clinics, and 60 sqm for retail outlets. It will feature shops, restaurants, cafés, banks, a supermarket, laboratories, a pharmacy, and global brands — supported by flexible payment plans and delivery within three years.

The company has contracted Raef Fahmy Architects, a leading contemporary design firm, to handle the project’s architecture.

Abdel Hamid concluded, “Success is defined not merely by the scale of our investments, but by our ability to deliver a truly rewarding investment experience — one that ensures our clients sustainable value and guaranteed returns. This vision is perfectly embodied in the Patterns project.”