Al Marasem International for Urban Development has unveiled ambitious plans to expand its real estate footprint in Egypt, with EGP 8 bn in investments earmarked for 2025, Invest-Gate reports.

The company is currently exploring the development of 250 feddans in East Cairo and 300 feddans in West Cairo, potentially increasing its total land portfolio to nearly 1,000 feddans.

The announcement follows a successful year in which Al Marasem achieved EGP 39.5 bn in sales. Founded in 1997, the company has drawn on over 90 years of regional experience, focusing on construction and real estate development. It operates six subsidiaries, including ICPM, Al Marasem Asset Management, and Marota Hotels Management in partnership with Rotana.

Al Marasem’s flagship project, Fifth Square in New Cairo, spans 158 feddans and includes 3,200 residential units, 581 serviced apartments, a commercial mall, and a variety of social and recreational amenities. To date, over 2,400 units have been delivered, with the final phase set for completion by mid-2026.

“The success of Fifth Square enabled us to repay our banking facilities ahead of schedule,” the company stated, adding that it is now considering new financing tools, including REITs.

Al Marasem continues to support national development with projects in housing, hospitality, healthcare, and education, employing 4,560 staff and thousands more indirectly across its operations.