Hamdy Ahmed _ HDP TULUA Real Estate, a partnership between Al-Taamir Housing and Real Estate Development (HDP) and Tulua Developments, has launched its new commercial project “Navy 26” in 6th of October City, with total investments amounting to EGP 5 billion.
The launch of the project comes as part of the company's strategy to expand in developing integrated commercial and service destinations that provide added value to the Egyptian real estate market and keep pace with the urban and economic developments witnessed in the West Cairo region.
The project extends over a total area of 26 feddans, with a building footprint of up to 12,000 square meters, to be implemented over a period of 3.5 years.
The company has begun receiving letters of intent for the project starting October 18, 2026, through refundable reservation deposits, as part of providing the opportunity for clients and investors to explore the investment opportunities offered by the project, while aiming to achieve 30% of the targeted total sales.
The project includes retail and entertainment shops alongside an integrated medical complex and administrative and office spaces.
For his part, Engineer Amgad Hassanein, Vice Chairman of the Board of Directors of Al-Taamir Housing and Real Estate Development (HDP), stated that the launch of the Navy 26 project is a step within the company's strategy to develop integrated commercial and service destinations in vital and strategic locations in the Egyptian market.
Hassanein added that the careful site selection and mixed-use diversification reflect HDP's vision in delivering projects that match the scale of urban and commercial transformation, and meet the growing demand for destinations with sustainable investment value.
Dr. Hosny Hany, CEO of HDP TULUA Developments, stated that the launch of the Navy 26 project is an important strategic step in the company's journey, reflecting its vision to develop real estate projects that add true value to the Egyptian market.
Hany added that through its projects, the company aims to develop integrated destinations that become prime destinations in the areas where they operate, contributing to enhancing their urban, commercial, and investment appeal.
He noted that the company is studying new investment opportunities according to comprehensive feasibility studies, as part of an ambitious expansion plan targeting the launch of qualitative projects during the upcoming period, thereby strengthening the company's presence in the Egyptian market.
