Veel Investments enters real estate market with ambitious EGP 1bn target for first year

Veel Investments has launched its operations in Egyptian real estate market, bringing over 12 years of solid expertise from the Egyptian and Emirati markets. The company aims to achieve sales of EGP 1bn on behalf of developers in its first year.

Dr. Mohamed Gamal, the company’s CEO, stated that the Egyptian real estate market has several advantages that supported the company’s plan to establish a presence in Egypt.

Gamal highlighted the evolution of Egyptian real estate products and the strong, genuine demand within the framework of Egypt’s comprehensive urban renaissance. The company has opened its first branch in the Sheraton area and plans to expand with additional branches, starting with the Fifth Settlement in New Cairo.

He pointed out that the company’s team includes 25 sales specialists with strong expertise that enables them to provide the necessary real estate consulting for clients.

The company aims to rely on unconventional methods used by specialists to help clients choose the unit that suits them best. He explained that the sales representative acts as a real estate consultant, whose primary interest is assisting clients in selecting units that match their needs and purchasing capabilities.

He disclosed that the company plans to increase its sales and real estate consulting team to 100 specialists as part of an ambitious expansion plan to serve a larger number of clients and collaborate with a greater number of major real estate development companies in the Egyptian market.

He concluded that Veel Investments aims to become one of the largest real estate marketing companies in the Egyptian market in a short period.