Castle Development changes company name to “Cred”

Castle Development, a leading company that focuses on developing high-value real estate, has recently announced it has changed its company name to “Cred”. The rebranding came to comply with the new strategy and foremost new vision of “cred” to keep pace with market changes and modern global trends in the field of real estate developments.

“Cred”, is preparing to launch its new integrated mixed-use residential project that will span an area of 40 acres in a very prime location in Sheikh Zayed in the western Cairo region. In addition, it is currently looking to diversify its investment options in many vital and strategic areas of the country in East Cairo and the North Coast to fulfil  its ambitious expansion plan and new vision to introduce to its customer base a top-notch exclusive modern, sustainable and safe communities, building on the great successes it has achieved over the past years, which enabled the company to realize its sales targets despite the challenges and maintaining a strong customer base that trusts “Cred” and its great capabilities to provide unique and innovative products through the major milestones they witness in its flagship project “Castle Landmark” in the New Administrative Capital.

“Cred” new innovative vision is set to keep pace with market changes and modern global trends, so it reflects a new business move. Therefore, the company has sought during the last period to make a huge leap in its cadres, through hiring a distinguished group of competencies and expertise in the field of real estate development, to ensure the continuation of the success, the enhancement and the significant quality of offerings that the company started with.

Commenting on this important step, Engineer Ahmed Mansour, CEO of “Cred”, stressed: “We seek to benefit from the great successes we have achieved during the recent period, especially in our pioneering project in the New Administrative Capital, the capital of the new Republic, the most important and largest national project in the country, through an integrated vision and strategy, during which we expand our business volume and enhance our presence in the Egyptian real estate market in the coming period, hence we thought of entering a vital and very important destination such as the west of Cairo, specifically in the Sixth of October City, to develop our latest projects.”