El Attal Holding Launches a new project at the West of Cairo with Targeted Sales of EGP 11 Bn.

EL ATTAL HOLDING has launched its “West Leaves” project in 6th of October City, spanning 38 acres, with investments ranging between EGP 6 and 7 billion. The project is scheduled for completion over five years and will be launched across four sales phases, with targeted sales of approximately EGP 11 billion. Eng. Ahmed El Attal, Chairman of EL ATTAL HOLDING, stated that the project is the company’s third real estate development and its first in West Cairo, forming part of EL ATTAL HOLDING’s strategy to diversify its development portfolio. Speaking during the project’s launch ceremony, El Attal explained that West Leaves is a mixed-use development comprising residential, hospitality, administrative, and commercial components. The project includes 700 residential units, in addition to a hospitality component featuring approximately 350 serviced apartments and 300 hotel rooms. The residential component will be launched first, followed by the residential-hospitality component, then the commercial and administrative components, and finally the serviced apartments and hotel. He added that ATCON Contracting, one of EL ATTAL HOLDING’s subsidiaries, will be responsible for executing the project’s first phase. Raef Fahmy Architects has also been appointed as the project’s consultant. El Attal highlighted that ELATTAL HOLDING has a diversified land portfolio, including ParkLane, a 28-acre residential and commercial development in the New Administrative Capital, and Bayside, a 7-acre development in Ras Sudr. He confirmed that the project was developed following extensive studies of the Egyptian real estate market and evolving consumer needs. West Leaves has been designed with sustainability in mind, while aiming to deliver increasing value to its units over time. The project’s launch also coincides with the company’s 75th anniversary of operating in the Egyptian real estate market. El Attal emphasized that 6th of October City is expected to witness significant growth in the coming period, supported by the state’s investment in high-quality services, strong infrastructure, and an extensive network of roads and major transportation corridors that have significantly reduced travel times between emerging urban developments and other areas. He further noted that the project incorporates alternative energy solutions and water-consumption efficiency measures, in line with the state’s strategy to increase reliance on clean energy and promote resource efficiency amid Egypt’s ongoing urban development and expansion.