REDCON for Offices and Commercial Centers achieves sales of EGP 1bln in its first year of operation

  • Date: 22-Feb-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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REDCON for Offices and Commercial Centers achieves sales of EGP 1bln in its first year of operation

Cairo: REDCON for Offices and Commercial Centers, the newly established development arm of REDCON Construction, achieves EGP 1 billion in sales in its first nine months of operations with Golden Gate, its first project located in New Cairo, and finalizes leasing agreements for 3000 square meters with 23 international brands.

The success in attracting various international brands before the completion of construction reflects the confidence in Golden Gate as a leading and sustainable mixed-use project in Egypt, which guarantees the highest return on investment for customers and provides an exceptional experience in shopping, work environment, and entertainment.

Achieving such a milestone is supported by the project’s unique features, in applying sustainable construction and green architecture principles that aim to reduce carbon emissions by improving energy and water consumption efficiency, contributing to the overall improvement of the environmental quality of the community. Such principles are implemented throughout the whole construction process of the project, from planning and site selection to design, construction, operation, and building maintenance.

"Our adherence to sustainable development is a key pillar in our projects’ success, as we are committed to applying green architecture development principles in our flagship project Golden Gate. aiming to create a sustainable mixed-use community. We are