Misr Italia’s contractual sales hit EGP 4B in January 2025

Updated 2/18/2025 1:27:00 PM
Misr Italia’s contractual sales hit EGP 4B in January 2025

Arab Finance: Misr Italia Properties achieved contractual sales of EGP 4 billion in January 2025, marking a 200% year-on-year (YoY) surge, as per an emailed press release.

The company’s projects currently house over 12,000 families, reflecting strong customer confidence. 

CEO and Managing Director Mohamed Khaled El-Assal attributed the company's exceptional performance to its management strategy in developing its project portfolio.

The company plans to invest EGP 11 billion this year to support expansion plans and maintain its leadership in the real estate sector.

Misr Italia also targets to open 23 premium global brands in catering, hospitality, and wellness, such as Pier 88, Brunch & Cake, and LA7.

These additions will enhance the Cairo Business Park, a hub for entrepreneurship, arts, and innovation in East Cairo.

Moreover, the company has unveiled the final phase of Cairo Business Park, featuring 40 office spaces across three buildings.

The administrative units in the project range in size from 55 to over 300 square meters. The fourth-floor units are set for delivery in 2027. 

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