Wealth Developments, a leading real estate company, is moving forward with an ambitious investment plan to develop the largest portfolio of six commercial and administrative projects in East Cairo, Invest-Gate reports.

Ahmed Shaker, Chairperson of Wealth Developments, said, “The company owns a diversified land bank that will support its ambitious investment plan, which includes six projects, three of which have already been completed and are under construction, while the other three will be developed during the coming period.”

Shaker clarified that the company’s shareholders include leading companies such as Arkan Consulting Group and Modern Egypt, which have pioneering projects in the Fifth Settlement area, New Cairo.

Mostafa Shamandy, CCO at Wealth Developments, commented that the company always chooses strategic locations to develop its projects to reach leadership and enhance its innovation ability.

The company has a qualified team that enjoys strong experience and distinguished competencies, working in full capacity to implement the company’s ambitious vision on current and future projects, Shamandy added.

Notably, Wealth Developments initiated its business in 2019, and during that period, it succeeded in acquiring some distinct lands. Moreover, according to the specified dates, the company delivered an integrated residential project in New Obour City. Since its inception in Egypt’s real estate market, the company’s slogan is commitment, which is one of the main axes on which its strategy is based.