REDCON Properties is the real estate development arm of REDCON Group. The company was founded in 2019 in New Cairo to develop mixed-use projects that rely on sustainability and technology in operation. REDCON Properties is connected to REDCON Group’s experience in construction, while its own activity focuses on commercial, administrative, and entertainment destinations, led by Golden Gate New Cairo.
As of May 2026, the company does not publish a verified total number of delivered units under the REDCON Properties name, so delivered units should not be treated as a confirmed figure. The clearest published numbers relate to Golden Gate’s area, number of buildings, investment volume, contracted sales, and the operational and environmental partnerships connected to the project.
This profile covers REDCON Properties’ history, its relationship with REDCON Group, its main projects and Golden Gate components, and the published figures available about the company up to 2026.
REDCON Properties Founding and Journey
REDCON Properties was founded in 2019 as a subsidiary of REDCON Group, with the aim of introducing sustainable real estate development concepts to the Egyptian market through urban and commercial communities based on smart design and resource efficiency. The company started under the name REDCON for Offices and Commercial Centres before the group announced the brand transition to REDCON Properties as part of a wider real estate expansion plan.
The company’s market presence depends on combining the parent group’s construction and contracting experience with a clear focus on mixed-use projects. Its leadership includes names connected to REDCON’s history, including Engineer Tarek El Gamal as chairman, alongside an executive team focused on asset management, digital transformation, and sustainable operations.
Since its launch, the company has moved toward building one major flagship project instead of expanding through many small developments. This is reflected in Golden Gate, which has become the main platform for the REDCON Properties name in the Egyptian real estate market.
Top REDCON Properties Projects
The main project in REDCON Properties’ portfolio is Golden Gate New Cairo, a mixed-use development located on South 90th Street opposite the American University in Cairo. The project spans around 160,000 square meters and includes administrative and commercial buildings, entertainment areas, and retail zones, with a long frontage on one of New Cairo’s most important axes.
Golden Gate New Cairo
- Golden Gate – New Cairo: The company’s flagship project, combining offices, retail spaces, and entertainment services.
- West Gate – One of Golden Gate’s components, offering standalone retail spaces within the project’s masterplan.
- West Village – An independent retail area inside the project, designed to support an open-air shopping experience.
- Luxury Zone – A commercial component inside Golden Gate targeting distinctive brands and premium services.
- East Village and East Gate – Complementary commercial and administrative areas inside the project, forming part of its wider gate and operating-zone structure.
Golden Gate is positioned as an operating destination rather than only a unit-sales project. For that reason, partnerships with specialized asset management, operation, and energy companies have appeared around the project, supporting its role as a long-term commercial asset in New Cairo.
REDCON Properties in Numbers
Although REDCON Properties is relatively recent as an independent real estate development company, Golden Gate has gained strong visibility through its investment scale, sales, and environmental certifications. Published data up to May 2026 presents the following picture:
| Founding year | 2019 |
| Main project | Golden Gate New Cairo |
| Golden Gate area | Around 160,000 square meters |
| Number of project buildings | 29 administrative and commercial buildings according to 2025 and 2026 data |
| Location | South 90th Street, opposite the American University in Cairo |
| Announced contracted sales | Golden Gate’s cumulative sales reached EGP 23 billion according to data published in 2025 |
| Delivered units | The company had not announced a verified total number as of May 2026 |
Golden Gate has also received sustainability-related certifications and recognitions, including EDGE certificates and green building ratings, along with announced energy and water savings compared with conventional buildings.
REDCON Properties Vision and Specializations
REDCON Properties’ vision centers on developing sustainable real estate communities and destinations that combine human-centered design, resource efficiency, and smart operation. The company does not position itself as a traditional residential developer, but as a developer focused on mixed-use assets that bring work, shopping, entertainment, and daily services together in one place.
- Mixed-use projects: Developing destinations that include commercial, administrative, and entertainment units within one masterplan.
- Sustainability and operating efficiency: Integrating energy and water saving solutions, waste management, and environmentally friendly building materials.
- Long-term asset management: Cooperating with specialized operating and management partners to maintain a high-quality tenant and visitor experience.
- Digital transformation: Using smart solutions for facility management, energy, and maintenance inside the project.
This direction places the company closer to the model of a sustainable commercial asset developer, especially with its focus on Golden Gate as a major operating asset in East Cairo.
Latest REDCON Properties Updates
In 2025, REDCON Properties signed an agreement with Savills Egypt to manage and operate Golden Gate, including facility management, energy and water monitoring, and improving the tenant and visitor experience. In 2025, it was also announced that the project’s cumulative sales had reached EGP 23 billion, as REDCON Properties continued to position Golden Gate as a green mixed-use project model.
In March 2026, the company revealed a plan to inject EGP 8.2 billion into Golden Gate during 2026, within total planned investments of EGP 14.6 billion during 2026 and 2027. The plan includes adding new hotel spaces inside the project, reflecting Golden Gate’s move from a purely commercial and administrative project into a more diverse mixed-use destination.
REDCON Properties FAQs
When was REDCON Properties founded?
REDCON Properties was founded in 2019 as the real estate development arm of REDCON Group, before expanding its identity from offices and commercial centers into a broader real estate development company.
What is REDCON Properties’ main project?
The company’s main project is Golden Gate New Cairo, a mixed-use development on South 90th Street opposite the American University in Cairo.
How many units has REDCON Properties delivered?
As of May 2026, there is no published verified total number of delivered units under the REDCON Properties name, so no specific delivered-unit figure should be stated without an official source.
Where is REDCON Properties headquartered?
The company is headquartered in New Cairo, with its official address appearing in the South 90th Street area in Fifth Settlement.
Is REDCON Properties listed on the Egyptian Exchange?
No. REDCON Properties is not listed on the Egyptian Exchange according to the available data, and it operates as a subsidiary of REDCON Group.