Gedico Developments Projects in Egypt

About Gedico Developments

Gedico Developments grew out of the El Zallat Group, a contracting and infrastructure group credited with building the gates of the New Administrative Capital and works on the Suez Canal tunnels. Gedico is chaired by engineer Ahmed Hamed El Zallat, and the idea is to turn that construction experience into real estate projects designed by well-known consultants.

Before you buy into a Gedico project

A contracting background is a real advantage on the construction side, but it is not the same as running a mall after opening. Ask clearly who will operate Nebu, how anchor tenants will be selected, and whether there is a marketing plan after handover.

Pick the right unit type: a ground-floor shop depends on foot traffic, while an upper-floor office depends on companies moving into the area. Ask about the license for each floor, parking allocation and the monthly service charge.

Since the company is relatively new to development, check construction progress on site rather than from renders, and insist on a written delivery schedule in the contract with a clear late-delivery penalty. Benchmark Nebu's price per square meter against operating malls nearby to set realistic yield expectations.