City Edge developments

City Edge Developments is a milestone in the Egyptian real estate sector, thanks to its unique model that blends the strength of government support with the flexibility of private-sector investment thinking.

Since its launch in 2017 as the result of a strategic collaboration between the Housing and Development Bank and the New Urban Communities Authority, it has established its footing by managing a massive land portfolio exceeding 15 million square meters.

Today, City Edge projects continue to redefine the standards of luxury and opulence across six major strategic destinations, developing smart and sustainable communities that meet the aspirations of elite investors and those looking to elevate their quality of life.

Book your luxury unit in the latest City Edge projects and contact the sales team via WhatsApp now to learn the details of available spaces and unit prices!

Information About City Edge Developments

City Edge is classified as one of the premier real estate development companies, merging the exceptional investment vision of the private sector with the strong financial and legal backing of the government sector.

It was established in 2017 with a massive paid-up capital to form a unique model of strategic partnership between state institutions and the banking sector.

City Edge manages projects spanning a massive area exceeding 15 million square meters in Egypt's most distinguished locations. Its role goes beyond real estate development to include the management of assets and projects for third parties, whether in the residential, commercial, administrative, hospitality, or educational sectors.

Vision and Strategic Objectives of City Edge Developments

Developing Sustainable Communities: Introducing modern architectural concepts that integrate smart technology solutions and eco-friendly practices.
Exporting Egyptian Real Estate: Attracting investments by offering products with global standards that compete in international markets.
Managing Urban Communities: Focusing on after-sales services to ensure the preservation of the property's investment value over the long term.
Digital Infrastructure: Establishing strategic partnerships with technology providers to deliver advanced networks, smart energy systems, and sophisticated utilities.

Who Owns City Edge Developments?

City Edge does not belong to a single individual; rather, it is a massive national entity and a major joint-stock company established as a strategic alliance between prominent government and banking institutions in Egypt.

The entity is managed by a board of directors comprising elite experts and veteran officials in accordance with the highest governance standards:

Chairman of the Board: Mr. Ashraf Salman (Former Minister of Investment).
Chief Executive Officer (CEO): Engineer Tamer Nasser, the primary official responsible for executive management and business operations.

The ownership shares and stocks of City Edge Developments are distributed among major national entities that grant it absolute superiority in financial solvency, site selection, and licensing facilitation to ensure the implementation of City Edge projects with top efficiency, as follows:

New Urban Communities Authority (60%): The government body responsible for urban planning and providing strategic land plots in Egypt's new cities.
Housing and Development Bank (38%): The leading banking institution in financing real estate and housing projects, providing the company with strong financial backing and flexible financing facilities.
The Holding Company for Investment and Development (2%): A governmental investment arm supporting the company's economic and developmental vision.