City Edge Developments Targets 450% Increase in Real Estate Investments by 2026
City Edge Developments plans to boost its real estate investments by 450% by 2026, reaching approximately EGP 5.5 billion, as part of an ambitious strategy aimed at accelerating project execution and supporting the company’s expansion plans.
Tamer Nasser, Chief Executive Officer of City Edge Developments, said the planned increase in investments aligns with the company’s broader vision to enhance its development portfolio and reinforce its role in the Egyptian real estate market.
According to Al-Sharq newspaper, Nasser noted that the company, which serves as the Egyptian government’s real estate development arm, is targeting sales growth of between 15% and 20% in 2026. This follows strong performance in the current year, during which sales exceeded EGP 56 billion.
He added that City Edge’s growth strategy focuses on timely project delivery, expanding its footprint across key urban developments, and capitalizing on sustained demand for high-quality residential and mixed-use projects, in line with the state’s urban development plans.