Project Gate Developments has announced the signing of an agreement with MRB to provide consulting services for the management and operation of its latest project, AXENT Mall, located in the South Academy area of New Cairo. This move is part of the company’s strategy to ensure the highest operational efficiency and maintain the project’s investment value over the long term, Invest-Gate reports.
A Strategic Investment in a Prime Location
AXENT Mall is one of the commercial and administrative projects being developed by Project Gate Developments, with a total investment of approximately EGP 600 million. The mall is strategically located directly on Al-Orouba Square, near the North 90th Axis and Taha Hussein Axis, adjacent to Al-Shurta Mosque. Its prime location ensures consistent visitor traffic throughout the year, enhancing both operational viability and commercial appeal.
Engineer Khaled Hassan, Chairman of Project Gate Developments, emphasized that effective management and operation are essential to the success of commercial projects. He noted that MRB’s role begins at the early strategic stage, reviewing designs from an operational perspective to ensure optimal space allocation, smooth visitor flow, and robust operational infrastructure.
Comprehensive Operational Plans to Maximize Investment Returns
MRB will develop comprehensive management and operational plans and oversee their implementation throughout the project’s execution and handover stages, ensuring the highest project quality, sustainable operation, and protection of asset value.
The project is being developed with a holistic vision to meet the actual needs of the surrounding area, particularly given its location within a large residential community with high purchasing power and proximity to international schools and universities, ensuring genuine and sustained demand for its services and retail offerings.
Engineer Khaled Hassan confirmed that the agreement with MRB represents a pivotal step in the company’s philosophy of developing projects that are operationally well-planned and investment-wise sustainable, capable of preserving their value over time.