PRE Group has achieved contracted sales of EGP 43.2 bn through 2024, Invest-Gate reports.

These strong sales reflect the excellence of the products offered by PRE Group, which has established itself as one of the largest real estate development companies in Egypt. The company is known for its distinctive projects that prioritize innovation, adopt the latest technological and sustainable techniques, and provide added value to the Egyptian market.

Commenting on this, Mr. Waleed Zaki, Chairman of PRE Group, noted that thanks to its innovative strategy, seriousness, and the expertise of its team, the company has successfully delivered more than 19,000 housing units over the past years, currently inhabited by about 80,000 individuals. These units cover a land area of up to 7.5 million square meters across various locations in Egypt, including East and West Cairo, the Mediterranean Sea, and the Red Sea.

Zaki revealed PRE Group’s plan for 2025, which is based on key objectives, the most important of which is to continue its development and growth efforts. The company aims to develop major projects on more than 5 million square meters to implement integrated residential, commercial, and administrative complexes in East and West Cairo, as well as coastal complexes in the Red Sea and the Mediterranean. This includes projects such as Telal El Alamein, Telal El Sokhna, Stone Park, Telal East, The Hills, Stone Residence, Ivoire West, Ivoire East, Hadaba, The Brooks, Jebal El Sokhna, The Big Business District, and Point 90 Commercial Complex.

PRE Group has also announced its intention to launch new integrated projects in 2025, including luxury residential units, commercial and administrative complexes, and hotel apartments. Zaki stated that the company aims to achieve contractual sales exceeding EGP 70 bn by 2025.

Additionally, PRE Group is working at an accelerated pace to implement its existing projects while adhering to the delivery schedule and maintaining the highest quality standards. The company is allocating approximately EGP 4.3 bn for construction to complete the delivery of more than 1,600 housing units across its various projects by 2025.