Project Gate Real Estate Launches Axent Mall with EGP 600 Million Sales Target and 10-Year Installment Plan
Project Gate Developments announced the launch of its new project, Axent Mall. The mall occupies a strategic location in the heart of South Academy. It sits directly next to the Police Mosque and overlooks El-Orouba Square.
The project targets total sales of EGP 600 million. This figure reflects the company’s careful site selection. Moreover, the company bases its strategy on in-depth studies that focus on operational efficiency and sustainable value, instead of relying solely on prime locations.
Eng. Khaled Hassan, Chairman of Project Gate Developments, explained that Axent Mall represents an advanced model of real estate investment. He stressed that the mall drives value through actual daily foot traffic.
The mall sits on a prime corner along South Academy’s main internal commercial axis. Consequently, it connects upscale residential areas, international schools, and key district entrances. As a result, it ensures a steady flow of visitors throughout the day.
Additionally, Axent Mall benefits from a direct population base of over 60,000 residents. It also attracts more than 100,000 daily movements from nearby schools, medical centers, sports facilities, and places of worship. Furthermore, its proximity to Cairo Festival City and the North Teseen Axis creates sustainable demand for commercial and office activities.
Hassan noted that the mixed-use project spans 1,510 sqm. The building ratio ensures clear circulation and easy access for visitors and tenants. The development includes two basement levels for parking and services, a ground floor, and three repetitive upper floors.
The ground and first floors accommodate retail and dining outlets. They feature double-frontage units and outdoor terraces, which enhance the customer experience and increase rental value.
The second and third floors host office spaces. They offer a quiet working environment separate from commercial areas. In addition, the design maximizes space efficiency and ensures fully integrated workspaces.
Hassan revealed that the project follows a “Boutique Scale” concept. It prioritizes operational efficiency, tenant success, and maximizing returns per square meter, rather than sheer size.
Axent Mall provides clear operational advantages. For instance, dual-frontage units maximize commercial visibility. Moreover, the company introduces a flexible payment plan with a 10% down payment and installments of up to 10 years. This innovative plan offers clients more financial freedom than ever before.
Hassan explained that the project executes a comprehensive consultancy framework. Smarch delivers contemporary architectural designs. Tredcon handles general contracting and engineering works. AWI manages retail consultancy and commercial mix planning. Omega provides electromechanical business consultancy. MRB supervises management and operational consultancy. Together, they ensure the mall operates efficiently from day one.
Axent Mall represents more than a new addition to the company’s portfolio. It embodies Project Gate Developments’ philosophy of creating projects driven by real foot traffic, residential density, and smart planning.
Finally, Hassan concluded that the project aims to deliver sustainable investment returns and enhance long-term asset value. It demonstrates the company’s commitment to projects that meet client expectations while adding real value to Egypt’s real estate market.
