Aswaq Developmens starts constructions in Solaria Mall and prepares to launch new projects in the 3rd quarter of 2026
Aswaq developments and projects management Company, announced starting of excavation and construction works on its new Solaria Mall project in Shorouk City, in a strategic step that reflects the company’s commitment to move on from the initial planning phase to actual implementation, according to a clear vision based on seriousness and disciplined performance, and reinforcing its position as a trusted partner in the Egyptian real estate market.
Khaled Rehan, Aswaq developments Vice Chairman, said that his company focuses on implementing its projects according to the scheduled timetables, which strengthens client’s confidence and assures the company’s ability to fulfill its commitments, as one of its cornerstone of its strategy since its inception in 2019.
He added that “Solaria Mall” project represents a new milestone in the company’s growth, as it is the fourth project in Shorouk City, which reflects the company’s confidence in this promising city with its high investment value, pointing the company’s commitment to strategic expansion in locations with genuine and sustainable growth potential.
He noted that the project enjoys a unique strategic location in the heart of Shorouk City, as it is located directly adjacent to the French University in Egypt and on two main streets with a pedestrian walkway in between, which makes it a vital link between residential and service areas, giving it a strong competitive advantage as an integrated destination for commercial, administrative, and medical activities.
He showed that Solaria Mall was designed according to a comprehensive vision for mixed-use developments, including commercial, administrative, and medical units of varying areas, while adhering to the highest planning and operational standards, which ensures maximum investment returns for clients and aligns with the real needs of the market in new cities, particularly in areas experiencing rapid population growth.
He pointed that starting the project’s actual implementation is an extension of the company’s track record of commitment and quality, as over the past years, the company has successfully developed and implemented several distinguished projects in Shorouk City, including Arena Mall, City Hub Mall, and Mercado Mall, which achieved strong marketing and operational successes and contributed to establishing the company’s reputation as one that focuses on actual execution, not just launching projects.
He emphasized that the company’s strategy is based on building a portfolio of added value projects, depending on strategic locations and offering well-considered real estate products that apply actual market needs, besides full commitment to quality standards in implementation and operation, which enhances the sustainability of clients’ investment returns and ensures the preservation of the projects’ long-term value.
He noted that the company continues implementing its expansion plan steadily, as it prepares to launch a new set of distinguished projects during the third quarter of this year among a strategy aiming to strengthen its presence in the Egyptian real estate market, while maintaining the same approach based on seriousness, commitment and building long-term trust with clients and partners.
