Eden Development targets $64 million real estate expansion in 2026

Eden Development, an Egyptian real estate developer, is planning a real estate expansion valued at about EGP 3 billion ($64 million) in 2026, reinforcing its push across Egypt while accelerating investments in Georgia’s fast-growing property and hospitality markets.

The expansion strategy spans commercial, administrative, and residential real estate, with Egypt’s New Administrative Capital and East Cairo at the center of near-term growth, alongside international projects in Georgia.

New administrative capital anchors domestic growth

As part of its pipeline, Eden Development has launched 7 WALK EDEN, a new commercial project located in the 7R district of Egypt’s New Administrative Capital, directly opposite the Russian University. Construction work began ahead of the sales launch, a move the company says reflects confidence in demand for premium commercial real estate in the area.

Egypt’s New Administrative Capital, New Cairo, and East Cairo remain priority markets for the developer, supported by population growth, infrastructure spending, and continued government-backed urban expansion.

Eden said it operates an integrated development model, managing projects from early planning and sales through post-delivery services, maintenance, and long-term operational support—an approach increasingly favored by institutional buyers and tenants.

Construction spending and new launches in 2026

The company expects to allocate roughly EGP 300 million ($6.3 million) toward construction activity in Egypt during 2026. At the same time, it is reviewing additional development opportunities set to launch across multiple real estate segments next year.

Internationally, Eden Development plans to invest $30 million in Georgia during the current year, building on an established footprint in the country.

Georgia push expands into hospitality

Eden has announced a new Black Sea coastal project in Georgia, developed in partnership with Garden Wyndham, an affiliate of Wyndham Resorts & Hotels. The project supports the company’s broader expansion into hospitality real estate, hotel operations, and asset management.

The developer holds land assets and projects across Georgia’s coastal and mountainous regions, positioning it to benefit from rising tourism flows and international investor interest in the market.

Decades of experience across multiple markets

Founded in 1982 and incorporated in its current structure in 2021, Eden Development is an Egyptian joint stock company backed by established real estate and construction firms. 

The company brings more than four decades of experience and says it has delivered over 365 projects across more than 12 countries, spanning residential, commercial, and mixed-use developments.

With fresh capital commitments and new launches planned, Eden Development is betting that demand for well-located, mixed-use real estate in Egypt and emerging international markets will remain resilient into 2026.