Vantage Developments, a prominent player in Egypt’s real estate market, has unveiled its second project, M Signature, in New Cairo’s Fifth Settlement, Invest-Gate reports.
With a total investment of EGP 1.5 bn, the project reflects Egypt’s growing focus on real estate export markets and sustainable urban development.
Chairman Mohamed Abdel Gawad highlighted the impact of the government’s efforts to establish fourth-generation cities under the national strategic plan for urban development through 2052. “These initiatives have spurred an unprecedented urban boom and positioned Egyptian real estate as a competitive product on the global investment and tourism map,” he said.
M Signature is designed as a hospitality-focused venture, leveraging New Cairo’s unique competitive advantages while supporting Egypt’s goals for sustainability and global real estate promotion.
Dany Saliby, Executive Managing Director for Morganti in the MENA region, emphasized Egypt’s potential as a gateway to North Africa. “The market offers numerous opportunities to transfer global expertise, and Morganti’s expansion in Egypt aims to enhance the management of assets, communities, and facilities,” Saliby stated.
Saeed Al Hameli, CEO of Seattle Project Management Services, underscored the significant growth of Egypt’s real estate sector over the past decade, particularly its appeal to investors from the Arab Gulf. “Egypt continues to attract attention as a thriving market, driven by innovative developments and a growing economy,” he said.
M Signature represents Vantage Developments’ commitment to delivering world-class projects that advance Egypt’s real estate standing on a global scale.