Gates Developments Announces Remarkable Achievements, Ambitious Future Plans

Gates Developments Announces Remarkable Achievements, Ambitious Future Plans

Gates Developments, a leading real estate company, has made significant strides in Egypt’s real estate market, with nine diverse projects now in West Cairo, the New Administrative Capital, and Ras El Hikma, Invest-Gate reports.

These achievements underscore the company’s growing influence and presence in the industry.

Over the past 18 months, Gates Developments has launched four new projects: Gates Privé, Space Commercial Complex, and Gates Lugar in West Cairo, as well as the Lyv Caesar project in Ras El Hikma on the North Coast. The company has achieved EGP 12 bn in sales from its EGP 15 bn target 2024.

Hassan Nasr, CEO of Gates Developments, expressed pride in the company’s progress, stating: “We are executing a well-structured expansion plan with a strong focus on delivering exceptional real estate products in top investment areas. Our projects reflect a deep understanding of evolving client needs, and we are positioned to meet demand while achieving profitability and growth.”

The standout project, Lyv Caesar, is located at kilometer 200 in Ras El Hikma. It spans 206 feddans and has investments exceeding EGP 40 bn. Gates Developments is partnering with Pibic Development for this venture, marking Ras El Hikma as a key destination for local and international investors.

Nasr emphasized Gates Developments’ ongoing commitment to quality, sustainability, and timely project delivery, particularly in the New Administrative Capital and West Cairo, further reinforcing the company’s leadership in Egypt’s real estate sector.

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