Modon Development Company has great experience in the field of real estate development and investment, as Modon Real Estate Development Company was established as an Egyptian-Kuwaiti partnership with a value of 10 pounds in the State of Kuwait in 1980. The company focused on high-quality projects, and its experience was reflected in the Avenues Mall in Kuwait, in addition to owning A furniture exhibition and an iron factory, and the company targets 3 contracting, contracting in the New Capital, the latest of which is Central Iconic Tower New Capital, with ease of payment for up to 20 years. Modon has signed a global partnership with Facil, the company responsible for managing and operating the hotel. Modon Developments is an LS Investment Office portfolio company. It is an innovative real estate development and management company that boldly treads into new dimensions. Geared towards transforming Egyptian governorates with an emphasis beyond Greater Cairo, we are focused on creating genuine mixed-use communities that answer to the needs of urban communities. We aspire to revitalize urban areas, starting with Alexandria’s ultimate urban mixed-use development project. Driven by deep local market expertise and top-notch international partners, Modon Developments continues to tap into new realms within the local real estate development sector.
Talaat Georgios, Chairman of the Board of Directors of Modon for Real Estate Development, confirmed that the company decided to implement several real estate projects in Egypt after a comprehensive study of the real estate market, explaining that Modon for Real Estate Development is working to expand in the level and increase its portfolio of land, pointing out that The company will start launching 3 residential compounds, several skyscrapers in the New Capital and New Alamein, and has other projects in the field of decoration and contracting, in addition to manufacturing modern building materials.