Centro Real Estate has launched its newest project, Gate 9 Mall, in Obour City. The project represents a strategic step within the company’s expansion plan in the Egyptian real estate market. Gate 9 Mall combines retail, administrative, and medical units with a total investment of EGP 500m.
Centro Real Estate has launched its newest project, Gate 9 Mall, in Obour City. The project spans more than 3,000 sqm of retail space. It is backed by total investments of EGP 500m. Moreover, the project marks a key step in the company’s ambitious expansion strategy.
Wael Ramadan, Chairman of Centro Real Estate, stated that the launch reflects the company’s commitment to Obour City residents. Additionally, the project aims to deliver a comprehensive shopping and entertainment experience.
The mall features a contemporary design with various services and entertainment options. As a result, it positions itself as a functional and leisure destination. The company aims to generate EGP 200m from the project’s initial phase.
Furthermore, Ramadan noted the mall’s strategic location in the Ninth District. It is located on two main streets with direct views of Al-Thaqafa Street and University Street. Its proximity to Cairo-Ismailia Road ensures convenient access and high visibility.
He explained that Gate 9 Mall is a mixed-use development. The project includes commercial, administrative, and medical components. It features a ground floor, three repetitive floors, and a basement level. Additionally, the project is managed using a smart system to ensure safety standards.
He added that the mall includes a secure underground parking garage. It also includes elevators and corridors designed for easy movement. Moreover, the project features an open promenade with restaurants and cafes. It includes major retail brands, green spaces, and 24-hour security.
The mall is equipped with advanced HVAC systems. It also includes integrated environmentally friendly waste management solutions.
He indicated that commercial units start from 26 sqm on the ground floor. Commercial units on repetitive floors start from 18 sqm. All commercial units are delivered in semi-finished condition.
Administrative units start from 20 sqm with full finishing. Medical units also start from 20 sqm with full finishing. The handover of units is scheduled to begin within three years.
Moreover, administrative units range from 45 sqm to 250 sqm. This offers opportunities for companies of all sizes.
The project also includes ready-to-occupy units. This allows clients to view and receive units immediately. This feature represents a unique offering by Centro Real Estate.
He highlighted that the company continues to implement well-defined plans. Centro Real Estate achieves consistent success in execution and delivery. The company’s portfolio includes 75 diverse projects.
More than 60% of the projects are currently under construction. Additionally, 48 projects are scheduled for completion by the end of 2026.
He concluded that the portfolio meets client expectations. It adapts to market dynamics. It also offers diverse investment opportunities across Egypt.
