Roya Development's Grand Vision: The Big Business District Project Reaches 60 Billion Target Sales

With EGP 60 bn target Sales، Roya Developments Unveils “The Big Business District” as the Newest Project in 5th Settlement

Roya Developments has announced its latest project، “The Big Business District” in the 5th Settlement، New Cairo. The mixed-use project is launching its 1st phase (Cluster 1)، comprising commercial، administrative units، and medical clinics covering an area of approximately 38،184 square meters with a built-up area of around 90،500 square meters. The project's launch aligns with Roya's development vision to implement integrated real estate projects in strategic areas as a part of its expansion plan in the Egyptian market. “The Big Business District” includes commercial، administrative، and hotel units of various spaces with a facade up to about 535 meters on the ring road، and a total targeted sales reach of up to EGP 60 billion.

Implementing ambitious expansion strategy

Eng. Mohamed Adel، CEO of Roya Developments، stated that the launch of “The Big Business District” in New Cairo on the Ring Road reflects the company’s success in implementing its ambitious expansion strategy، which aims to launch distinguished integrated projects، providing professional and efficient services by selecting the best projects with distinct geographical locations، along with striving to offer the highest standards to deliver the best real estate products to clients in the local and regional markets. This effort contributes to realizing the company's vision and plan of becoming one of the greatest real estate development companies in Egypt and the Middle East، especially with ongoing strategic partnerships with major companies and consulting offices in Egypt (OBMI - YBA - Ace - Savills - The Board Consulting)، ensuring to provide distinctive real estate products.

"The Big Business District”، is set to commence its construction works by the largest contracting companies in the first quarter of 2027، the project is distinguished by its prime location on the ring road، which makes it minutes away from all the main axes of Cairo، in addition to its innovative designs that appear for the first time in Egypt، as well as emphasizing the company's strategy، which seeks primarily to provide engineering solutions that match the global standers، creating distinctive investment and real estate value in the coming decades، while maximizing built spaces efficiently”، Adel Added.

Roya Developments is also keen to collaborate with the most efficient and prominent architects to provide innovative designs that present an exceptional experience to the clients،"The Big Business District" provides numerous services، including recreational activities and aesthetic views. Moreover، "the project contributes to the creation of a healthy working environment supported by sustainable technologies premises are also carefully designed، allowing flexibility in adaptation to multiple requirements while ensuring the integration of a variety of smart technologies.

Collaborating with Roya Developments

On another note، Eng. Yasser Baltagi، Chairman of "YBA"، expressed his pleasure in collaborating with Roya Developments، mentioning that “It is one of the leading real estate development companies with its successful experiences and exceptional position under its successful management that seeks to make outstanding projects، particularly "The Big Business District"، one of the most important 2024 projects، given its strategic location، unique space، and distinctive designs comparable with the global projects. YBA، operating in the market for 30 years، manages a strong portfolio of approximately 1300 projects to date، spanning residential، commercial، administrative، and hospitality sectors for various real estate developers، thus leveraging their expertise in "The Big Business District" project.”، Adding that "the agreement with Roya، the leading real estate company comes in line with the company's plan to offer a premium real estate product that meets the needs of the company's clients، particularly in light of its plan to provide distinguished real estate products attractive to new clients who want to own property for living or investing.”

Catesby Langer-Paget، Head of Savills Egypt expressed his enthusiasm for collaborating with Roya Developments، noting the "Big Business District" project is situated in a strategic location، with distinctive designs and professional management. In collaboration with Roya Developments، Savills delivered a fully-fledged range of services from the project's initiation to its launch. Leveraging Egypt's extensive urban development fueled by a growing population and corporate engagements، Savills has proposed the project components to create a fully integrated mixed-use development that seamlessly incorporates all asset classes and fosters synergies to ensure comprehensive success. Savills also guided lease agreements and sales contracts، while developing the operational strategy and manuals for the assets. This guarantees the incorporation of all operational procedures and methodologies to meet the requirements of prominent international retailers and corporations، positioning the project as a pivotal development in East Cairo's real estate landscape.

The most important projects

Mohammed Gazoli، Director of Regional Business Development of Muharram Bakhoum، Supervising the Implementation of Engineering and Architectural Designs and Project Management، is excited to collaborate with Roya Real Estate Development Company، especially since it has distinct strategic plans and "The Big Business District" has many advantages that make it one of the most important projects in Cairo، as we are investing our years of experience in this project due to its high standards of quality and efficiency، confident that it will represent a new qualitative shift in the region.

It is noteworthy that Roya Development offers distinguished residential projects and communities that have made it one of the fastest-growing companies in Egypt، as it owns a real estate portfolio estimated at about 10 million square meters and owns several distinguished projects، including the Stone Park New Cairo Compound on an area of ​​about 452 acres that provides different services and facilities with only 17% of the total area built، and the rest is green spaces which give the project a true beauty that makes it one of the best projects in New Cairo، and The Hills project is located in the heart of the Fifth Settlement in New Cairo and It offers a distinguished selection of units with stunning panoramic views of the stone garden، providing a lifestyle of luxury، comfort، and privacy surrounded by green spaces and lakes.

Roya Developments also owns the Sokhna Hills project، the Hills Shores project on the Red Sea coast، the Coast Hills project، the Sol Hills project on the North Coast، and also the East Hills project in the Fifth Settlement.