TBK Developments Launches Three Major Projects Worth EGP 180 bn

TBK Developments Launches Three Major Projects Worth EGP 180 bn

TBK Developments, the latest development arm of Tabarak Holding, has unveiled three new real estate projects across Cairo, backed by a total investment of EGP 180 bn, Invest-Gate reports.

The announcement reflects the company’s expansion strategy aimed at redefining urban development in Egypt with integrated communities that blend living, business, and leisure.

The three projects are strategically located in New Cairo, Heliopolis, and along the Cairo-Alexandria Desert Road. TBK has also acquired an 800-feddan plot near Sphinx International Airport for future development, in partnership with renowned urban planning firm HHCP.

Ali El-Shorbany, Chairman of Tabarak Holding and TBK Developments, stated: “We’re not just launching real estate projects—we’re reshaping the concept of integrated living. Our goal is to create communities that deliver real value and meet the expectations of a new generation.”

The first project, Keystone, lies near the American University in New Cairo on South 90th Street. Spanning 37,000 sqm, it offers mixed-use spaces—commercial, administrative, medical, and hotel—backed by EGP 20 billion in investments and designed in collaboration with Benoy and EHAF.

The second, Key of Greens, is located at KM 47 of the Cairo-Alexandria Desert Road. Covering 212,000 sqm, it features villas, residential units, and green landscapes making up 85% of the space. It also includes commercial and hotel areas, with an investment of EGP 20 billion.

The third project, Heliopolis, in the heart of Heliopolis near the Military Academy, comprises 1,200 residential units, 560 office spaces, and 90 retail units, with EGP 12 billion in investments.

TBK’s move reflects confidence in Egypt’s property market and aligns with Egypt Vision 2030.

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