Project Gate Developments Launches AxenBoutique Scalet Mall with Targeted Sales of EGP 600 Million

Strategic Launch of Axent Mall in South Academy

Project Gate Developments has officially launched its latest project, Axent Mall, in a prime location at the heart of South Academy, adjacent to the Police Mosque and overlooking El-Orouba Square. The development targets total sales of EGP 600 million, reflecting the company’s strategy of prioritizing operational efficiency and sustainable value over simply choosing high-profile locations.

Prime Location with High Foot Traffic

Eng. Khaled Hassan, Chairman of Project Gate Developments, highlighted that Axent Mall is designed as an advanced real estate investment model driven by actual daily foot traffic. The mall is situated on a prominent corner along the main internal commercial corridor of South Academy, connecting upscale residential areas, international schools, and key district entrances. This location ensures a consistent flow of visitors and customers throughout the day.

The project benefits from a direct population base exceeding 60,000 residents and over 100,000 daily movements generated by schools, medical facilities, sports centers, and places of worship. Its proximity to major landmarks such as Cairo Festival City and the North Teseen Axis further guarantees sustainable demand for retail and office spaces.

Mixed-Use Design for Maximum Efficiency

Spanning 1,510 sqm, Axent Mall is a mixed-use development featuring two basement levels for parking and services, a ground floor, and three upper floors.

• Ground and First Floors: Dedicated to retail outlets and dining, with double-frontage units and outdoor terraces enhancing customer experience and rental value.

• Second and Third Floors: Designed as office spaces, providing a quiet, efficient working environment separate from commercial areas.

The project follows a “Boutique Scale” concept, focusing on operational excellence, tenant success, and maximizing returns per square meter, rather than large-scale size. Dual-frontage units provide superior visibility for commercial tenants.

Flexible Payment Plans up to 10 Years

Project Gate Developments introduces an innovative payment system for clients, starting with a 10% down payment and installments of up to 10 years, making Axent Mall an accessible and attractive investment opportunity in Cairo’s competitive real estate market.

Comprehensive Consultancy Ensures Quality Execution

The development is backed by a full consultancy framework ensuring top standards:

Smarch: Architectural design

Tredcon: General contracting and engineering

AWI: Retail consultancy and commercial mix planning

Omega: Electromechanical business consultancy

MRB: Management and operational consultancy

This integrated approach guarantees that Axent Mall is fully operational and efficient from day one.

Sustainable Investment with Long-Term Value

Eng. Khaled Hassan emphasized that Axent Mall is more than a new addition to the company’s portfolio—it exemplifies Project Gate Developments’ philosophy of creating projects grounded in real foot traffic, high residential density, and smart planning. The project aims to deliver sustainable investment returns, enhance long-term asset value, and provide tangible benefits to Egypt’s real estate market.