Squares Developments has announced its entry into the Egyptian real estate market, backed by investments exceeding EGP 50 bn, Invest-Gate reports. The company, leveraging extensive expertise in construction and real estate development, is set to unveil its first two projects in early 2025, marking a bold start to its ambitious plans.

Hany Georgios, a board member, highlighted the significant investment opportunities in Egypt’s real estate sector for companies with solid strategies and a commitment to quality. “Squares Developments is built on the expertise of seasoned investors and shareholders with a proven track record in construction, contracting, and real estate development,” he said.

The company’s portfolio will include residential, commercial, administrative, and hospitality projects, with a core focus on delivering high-quality developments. “Quality execution is the cornerstone of Squares Developments’ approach to all its projects,” Georgios added.

Mina Maher, another board member, revealed that the company’s first two projects would be announced in early 2025. “The timing aligns with a strong start to the year, as investors typically make strategic decisions around real estate during this period. We anticipate 2025 to be a pivotal year for the sector, driven by sustained demand for property as a safe investment,” he said.

Notably, Squares Developments recognizes the government’s support for the real estate sector as a key driver of investment. With ongoing incentives and reforms, the company expects a surge in demand for serviced residential properties, setting the stage for its innovative projects to thrive.