Center Point Developments Projects in Egypt

About Center Point Developments

Center Point Developments is an Egyptian real estate company founded as a partnership between Eng. Abdullah Anwar, Wael Ramadan and Saeed Hassan. The company describes its scope as residential, commercial, administrative and coastal, backed by a land bank set aside for investment projects. In practice, the project buyers hear about most today is a single retail and office building in the New Administrative Capital.

The design was produced with the engineering consultancy Arcreate and MRB, and the facades use modern glazing.

Before you buy a shop or office from Center Point

Buying a commercial or office unit is a different calculation from buying an apartment. Start with the floor: ground and first-floor shops usually get more foot traffic than second-floor ones, while office value depends on views and elevator capacity. Ask for the floor plan and compare net area with the gross area you pay for, since the share of common areas changes your real price per square meter.

Find out who will manage and operate the mall after opening and how annual service charges are calculated, because management drives the rent you can expect later. If you go ahead with this Center Point developer, check the license status, the handover schedule and the late-delivery penalty in the contract, and compare the price per square meter with nearby malls in the same district before paying a deposit.