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Sckylers launches first real estate project OC in New Cairo

Businessmen Team realestates 12 September 2025 12:00 AM
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Sckylers launches first real estate project OC in New Cairo

Sckylers has launched its first real estate development project, OC, which will be followed by a series of projects in promising areas, according to Eng. Mohamed Hassan, Chairman of the Board.

Hassan noted that Sckylers builds on more than 25 years of experience in contracting, construction, and real estate development in Egypt and Germany, with a track record of 90 projects in Egypt and six in Germany. He emphasized the company’s confidence in the strength of the Egyptian market, particularly in the administrative, commercial, and entertainment sectors.

The OC project is located in New Cairo on the first plot of the Suez Road, covering 16,339 square meters with a built-up area of 57,000 square meters. It comprises five buildings, with 60% of the total land allocated to open, sustainably designed spaces to meet the needs of the new generation.

The project offers administrative, medical, commercial, and entertainment facilities. Hassan stressed that investment in such developments will be a key driver of real estate growth in the coming period, driven by rising demand from investors and buyers seeking long-term, stable returns. He added that East Cairo, in particular, urgently requires projects of this kind to keep pace with infrastructure development, population growth, and modern lifestyle needs.