Menassat Developments has announced a major expansion of its footprint in the Egyptian real estate market, with its investment portfolio now valued between EGP 40-50bn. Backed by a seasoned Board of Directors with extensive industry expertise, the company currently manages and develops over 160 projects across Egypt.
Chairperson Ahmed Amin Massoud revealed that Menassat is actively exploring expansion opportunities in West Cairo, as well as land acquisitions in high-demand areas such as the North Coast and New Alamein. The company has set an ambitious sales target of no less than EGP 6bn annually.
Menassat’s diverse portfolio includes several landmark developments:
- Podia Tower in the New Administrative Capital, featuring smart building technologies and designed based on international wind studies.
- Eclipse in New Cairo, a mixed-use development offering administrative, commercial, and medical spaces.
- Axel, tailored for modern business needs with flexible layouts and integrated services.
- Valory, a vibrant commercial hub in the heart of Fifth Settlement.
The company’s latest launch, Begonia Destination, is being developed on one of the last prime residential plots in Fifth Settlement. Spanning 25 feddans with a maximum building footprint of just 20%, the project will feature 23 residential buildings totaling 512 units. The master plan also includes lush green spaces, scenic lakes, community areas, and Begonia Walk—a mixed-use strip integrating a five-star hotel, serviced apartments, and commercial, administrative, and medical facilities.
Looking ahead, Menassat plans to showcase its developments at Cityscape Egypt 2025, aiming to connect with a broader investor base and explore strategic partnerships. The company continues to prioritize sustainability and technological innovation across its construction and property management operations.
