VIE Communities, a real estate developer, has announced the launch of its second project in the Egyptian market, VIE HALO, in New Cairo, with total investments of up to EGP 50 billion.
The project has already recorded sales exceeding EGP 6 billion during its early-launch phase. This milestone reflects the company’s expansion strategy and long-term vision of developing integrated destinations that respond to evolving market needs and future aspirations.
Located within Zomra East in New Cairo, along North 90th Street, VIE HALO spans 200,000 sqm, offering one of VIE Communities’ prominent mixed-use developments. The project brings together commercial, administrative, hospitality, medical, and entertainment components in one integrated destination, designed to meet the evolving needs of both business and lifestyle.
Aligned with global trends in modern urban destination design, the project features a diverse range of components and units designed to cater to the needs of different customers and investors. These include an integrated commercial area featuring retail outlets, restaurants, and cafés, alongside administrative buildings offering modern working environments for companies and entrepreneurs, with office spaces ranging from 33 sqm to 4,065 sqm.
The development also features a hospitality tower comprising branded serviced residences under an internationally recognized hospitality brand, rising up to 20 floors. In addition, the project offers commercial units ranging from 80 sqm to 546 sqm, providing diverse options to accommodate various commercial and investment activities.
The launch builds on a shared vision between VIE Communities and Nations of Sky, founded on a strategic partnership and a shared belief that the future of real estate development goes beyond construction alone. Rather, it lies in creating genuine value and delivering integrated, sustainable living experiences that positively shape people’s lifestyles.
VIE HALO brings this vision to life by combining innovation and design to introduce an advanced mixed-use development model in Egypt. The project integrates hospitality, commercial, administrative, and medical spaces within one destination, creating long-term investment value and contributing to the development of a promising urban environment.
The project’s sales, which exceeded EGP 6 billion since the beginning of its early-launch phase, reflect the strong market interest in VIE HALO. This demand is driven by its strategic location within Zomra East in New Cairo, its diverse components, and the range of options it offers customers and investors. This comes amid growing demand for mixed-use developments that bring together various activities and services in one destination, delivering added value while responding to evolving lifestyle and business needs.
Dr. Haitham Samir, CEO of VIE Communities, said: “The launch of VIE HALO marks a new milestone in the company’s journey and reflects our vision of developing integrated destinations that bring together different uses within one comprehensive ecosystem, in line with evolving market needs and the aspirations of customers and investors. We have been keen to design the project to introduce an advanced concept of living, working, and entertainment by combining design quality, diverse components, and operational efficiency, delivering an integrated experience and sustainable value.”
He added: “Through VIE HALO, we aim to create an urban destination that brings together business, lifestyle, services, and hospitality in one place, enhancing the user experience and meeting diverse needs. The project’s sales launch comes as part of our expansion plans, supported by its strategic location and integrated components, which give it a competitive edge in New Cairo’s mixed-use development market.”
For his part, Mr. Tarek Soliman, Vice Chairman of VIE Communities, said: “The launch of VIE HALO builds on the success achieved by the company since entering the Egyptian market through its first project, VIE Collective, which spans 186 feddans in New Cairo and witnessed strong demand following the launch of its first phase. This success has reaffirmed the promising opportunities for developments that deliver genuine market value and are backed by strategic locations and a clear development vision.”
He added: “VIE HALO represents a new milestone in VIE Communities’ growth journey and an important step towards strengthening the company’s presence in the Egyptian market and building a growing portfolio of projects driven by a long-term vision. We remain focused on selecting strategic locations, developing diversified mixed-use projects, and maintaining high execution standards to deliver integrated real estate destinations that serve multiple sectors and create sustainable value for customers and investors.”
VIE Communities continues to support Egypt’s urban development through its commitment to investing in distinctive projects, further strengthening its position as a developer focused on creating integrated destinations with long-term value. Its approach is built on innovation, design quality, and sustainability, while keeping pace with the transformations taking place in Egypt’s real estate sector and the country’s vision for urban expansion and the development of more advanced and sustainable cities.
VIE Communities was established through an Egyptian-Emirati investment alliance bringing together leading entities in investment and real estate development, namely Future of Egypt for Investment and Development, Glamour Jewellery, and Damas Real Estate, with total investments reaching EGP 150 billion. The strategic partnership aims to introduce an innovative urban development model to the Egyptian market.
