Mercon Developments 05 December 2021 Last Updated At (5 Properties) (2 Projects)

"Mercon Development" was established in 2019, with a vision to be a leading real estate company in the region. Known for its exceptional success in project development and innovative investment services, Mercon has marked its presence with distinction. Over 15 years of unparalleled experience, they've delivered more than 70 projects across Cairo. What sets Mercon apart is its drive to transform perceptions and leadership of futuristic mixed-use developments across Egypt.

Mercon Development has a unique investment approach that combines research for profitable opportunities and groundbreaking real estate project designs. Their vision revolves around meeting customer needs by delivering high-quality properties and diverse investment services. 

Mercon's portfolio includes residential apartments, commercial complexes, offices, and business centers. Besides these, the company offers specialized real estate consulting services and project management to help real estate investors. Pavo Tower CBD New Capital is the company’s first project in the New Administrative Capital, while its first project was in the northern 90s, which is the G7 Mall project, which is a commercial mall on an area of 6000 meters next to Al-Marasem Hospital, El-Baz Mosque, and Al-Banafsaj neighborhood, and a sales percentage has been achieved that exceeded 80% of the project.  

Collaborating with seasoned engineers and designers, Mercon executes high-quality, innovative real estate projects. Mercon doesn’t work in isolation. They value strategic partnerships with top-tier design and construction firms. Their collaboration with China State Construction Engineering Corporation Egypt, known for Dubai’s port in the Suez governorate, is just one testament to their alliances. These partnerships strengthen Mercon’s standing as one of Egypt's leading real estate entities.

Their emphasis on top-tier construction and finishing that matches customer expectations ensures unparalleled satisfaction. Mercon's professionalism and transparency extend to its customer interactions. 

Mercon's expertise includes various real estate realms, from commercial to residential buildings, hotels, and integrated communities. Their strategic vision centers on innovation, market needs, and creating value for clients, gaining trust, and enduring relationships.

Looking ahead, Mercon aims to expand its footprint across commercial, residential, hospitality, and industrial sectors. The company's commitment to ethical standards, innovation, and sustainable development drives its growth path. 

Exceptional Projects

Pavo Tower in the New Administrative Capital and G7 Mall in New Cairo stand as shining examples of Mercon's commitment to contemporary, unique architectural designs that are suitable for modern living, working, and leisure needs.

With an experienced team in real estate investment, valuation, marketing, sales, and project management, Mercon Development thrives on its diversity, ensuring innovative solutions and client satisfaction.

Mercon Real Estate Investment stands as an example of excellence in the real estate field, moving towards sustainable success while continually innovating and exceeding client expectations.

Eng. Ahmed Embambi and Eng. Samer El-Beik stated that Mercon Real Estate Development has started to develop a strategic plan to invade the real estate market with a number of distinctive projects that provide added value to the Egyptian real estate market worthy of the group's name and experience in the real estate market spanning for more than 15 years, beginning with building materials trade. And the manufacture of ready-made concrete, through contracting and even real estate investment through the implementation of more than 70 projects in the Fifth Settlement area, and many other neighboring areas, as the company has a large land portfolio in a number of different areas whose locations will be announced with the launch of each project in a timely manner. It is noteworthy that Mercon Real Estate Development has a volume of sales space during 2021 estimated at about 120 thousand square meters, and varies between commercial and administrative, which helps create an abundance of supply, and thus meet market demand.

It is worth mentioning that Mercon Real Estate Development Company employs about 1,200 employees, and its vision is an ambitious plan during the next few years to expand in the field of real estate development, in the Fifth Settlement, the New Administrative Capital, and the New Alamein City, by presenting a different and innovative urban thought that aims To achieve comprehensive urban development in all parts of Egypt.

Ahmed Embabi also mentioned, in previous press statements, that the plan of Mercon Real Estate Development is based on pumping investments into the Egyptian market during 2021 with a value of 5 billion Egyptian pounds, by offering 3 administrative and commercial projects in the Fifth Settlement, and it is indicated that the first mall, which holds The name “Gravity 7” is located in plot G7 on an area of 6000 square meters, with a front facade of 250 meters, next to the headquarters of the New Cairo Authority overlooking the North 90th Street and the Protocol Hospital, which is the largest hospital in New Cairo.



Mercon Real Estate Development Company said in previous statements that the presence of an entity capable of pumping this amount of investments and implementing these projects at the same time, especially in the Fifth Settlement area, indicates the extent of the strength and size of the company and its vision towards bridging the gap between supply and demand for commercial and administrative units in this area, and that Through the studies that were carried out on the Fifth Settlement market, especially the commercial and administrative fields, which revealed the lack of supply for these units and the high demand for them, so 3 projects will be announced, all of which are commercial malls during the current year, in addition to other studies conducted during the coming period to include two other projects before the end of the year. general.

What are the prices of Pavo Tower units in the New Administrative Capital?

Mercon Real Estate Development announced the prices per square meter in the commercial units of Pavo Tower CBD New Capital from 62.500 EGP, and prices per square meter in the administrative units of Pavo Tower start from 28,500 EGP per meter.

How To Book a Unit in the Pavo Tower CBD New Capital?

Pavo Tower CBD New Capital is one of the best and most important Towers in the New Administrative Capital, as it has services and benefits that suit all the needs of your commercial or administrative activity.

To get the best offers and prices, contact us on the following numbers, you will find what you like, we have all the options to meet all your needs 01003366453