Aswaq Developments and Project Management has announced the launch of the second phase of its integrated mixed-use project Solaria in Shorouk City. Spanning 6,400 sqm, the project features commercial, administrative, and medical spaces distributed over a ground floor and three upper levels, Invest-Gate reports.

Eng. Moamen Rehan, Chairman of Aswaq Developments, said that Solaria marks a significant milestone in the company’s portfolio in Shorouk City, offering a comprehensive range of high-quality services. He noted that it is Aswaq’s fourth project in the city, following the success of Mercado Mall, City Hub Mall, and Arena Mall.

Rehan added that investments in Solaria exceed EGP 1bn, emphasizing that the project’s strategic location in the heart of Shorouk City enhances its appeal to investors and residents alike, serving not only the city’s community but also the wider East Cairo area.

According to Amr Azab, Head of Sales of Aswaq Developments, the first phase of Solaria has sold out completely. With the launch of phase two, Aswaq expects strong sales performance, supported by a diverse range of unit sizes—from 30 to 200 sqm—and the flexibility to combine spaces to meet various commercial, administrative, and medical needs.

Azab highlighted that Solaria was designed as an integrated destination catering to the city’s growing demand, in line with Shorouk’s rapid urban and investment expansion, which positions it as one of East Cairo’s most promising cities.

The Solaria project reflects Aswaq’s vision to develop high-end, mixed-use projects that deliver sustainable value and enhance community living. It also underscores the company’s expertise in managing successful developments across Shorouk City and reinforces its position as a leading real estate developer offering innovative solutions aligned with Egypt’s plans for integrated urban growth.