Remeny Mall New Capital by Squares Developments

Mall Remeny Gloria Inn New Capital (مول ريميني جلوريا إن العاصمة الإدارية) is a mixed-use development that brings together commercial, administrative, and hotel units in a single location, launched by Squares Developments in the MU23 district directly on Al Amal Axis in the New Administrative Capital. Prices start from EGP 2,027,000 with a 5% down payment and installments stretching up to 10 years, all under the operational management of Gloria Hotels & Resorts for the hotel segment and Brain 2 Fact for the commercial and administrative segments. Let’s explore everything Remeny Mall New Capital has to offer.

 

 

The project occupies 6,900 sqm on the fourth plot from the Sports City, sitting between the New Capital’s two highest-density residential districts (the Second Residential District R2 and the Third Residential District R3). The structure rises 37.5 meters across two basement levels, a ground floor, and 9 upper floors, with 70% of the land allocated to the central plaza and open spaces and only 30% to construction.

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The Story Behind the Name: Remeny Mall Gloria Inn New Capital

The project carries a dual signature that reflects a strategic partnership between Squares Developments as the developer and Gloria Hotels & Resorts as the international hospitality operator running the hotel segment. Gloria is a regional chain specialized in managing four-star hotels across the Middle East, and this collaboration is precisely where the “Remeny Gloria Inn” name originates.

The developer borrowed “Remeny” from the historic Italian coastal city known for its refined urban character and timeless landmarks, then paired it with the “Gloria” hospitality brand to create a single, coherent identity. This naming choice positions the development as the first MU23 project to carry an internationally recognized hotel flag, giving its hotel units a competitive edge in the New Capital’s daily-rental and short-stay accommodation market.

 

About Remeny Mall Mall New Capital — In-Depth Overview

Squares Developments approached the project with international execution standards, assembling a network of specialized partners to handle each layer of the build. Engineering consultancy was awarded to Eng. Asaad Salama and the Hafez Consulting Office, while Mahram – Bakhoum took on the executive consultancy role. Almaher Contracting Company — owned by one of Squares’ co-founders — is handling the construction works as the in-house execution arm.

 

 

The design philosophy at Remeny Mall New Capital is built around the principle of integrating three distinct investment segments under one roof while preserving the privacy and operational independence of each:

• The three lower floors (ground, first, and second) are dedicated entirely to commercial retail units, capturing maximum facade exposure and pedestrian footfall.
• The middle floors (third and fourth) house administrative offices and medical clinics, serving professional services that benefit from a balanced position between street access and quieter upper levels.
• The five upper floors (fifth through ninth) host the hotel units, taking advantage of the best skyline views and the elevated quietness above the commercial bustle.

 

This vertical separation creates a clean split in customer movement across the three segments. Retail visitors enter through the main plaza-level gates, while hotel guests and office tenants use dedicated entrances and elevators, preserving the experience of each user group and protecting the long-term value of every unit type.

 

Brain 2 Fact Group manages and operates the commercial and administrative segments, specializing in large-scale retail facility management, tenant mix curation, and unit leasing strategy. Gloria Hotels & Resorts oversees the hotel segment with the same operational standards applied across its Gulf-region portfolio, while WeFix handles routine and emergency maintenance for the entire building.

 

This operational separation between specialized management companies translates directly into peace of mind for the investor. Each segment is run by experts who understand its specific dynamics — far better than the generic single-operator approach that struggles to manage radically different unit types under one team.

 

The facade at Remeny Mall New Capital uses a panoramic reflective glass design that achieves two objectives at once: allowing natural light to penetrate deep into the units (reducing electricity consumption) and projecting a contemporary architectural identity that distinguishes the building from conventional structures in the surrounding area. The building also runs an integrated Smart Building system that centralizes lighting, HVAC, and access control under intelligent management.

 

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Mall Remeny Gloria Inn New Capital — Quick Facts Table

Detail	Information
Project Name	Mall Remeny Gloria Inn — مول ريميني جلوريا إن العاصمة الإدارية
Developer	Squares Developments — شركة سكويرز للتطوير العقاري
Company Leadership	Eng. Hany Georgious & Eng. Talaat Georgious (Co-Founders & Co-Chairmen) — Eng. Mina Maher (Co-Founder & CEO)
Location	MU23 District — Fourth plot from Sports City — Direct frontage on Al Amal Axis (96-meter-wide)
Total Area	6,900 sqm
Number of Floors	2 Basements + Ground + 9 Upper Floors (G + 9)
Building Height	37.5 meters
Construction / Plaza Ratio	30% built area (2,070 sqm) / 70% plaza & open spaces (4,830 sqm)
Floor Distribution	Commercial: Ground / 1st / 2nd — Administrative & Clinics: 3rd / 4th — Hotel: 5th to 9th
Unit Types	Retail Shops — Administrative Offices — Medical Clinics — Hotel Units
Unit Sizes	Commercial: 22 to 42 sqm / Administrative: from 24 sqm / Hotel: 33 to 56 sqm
Prices Start From	EGP 2,027,000 (administrative units)
Price Per Square Meter	From EGP 84,000/sqm — varies by floor and activity
Payment Plans	5 plans — Down payment from 0% to 15% — Up to 10-year installments
Launch Discount	Up to 10% for a limited period
Hotel Operator	Gloria Hotels & Resorts
Commercial & Admin Operator	Brain 2 Fact Group
Maintenance & Operations	WeFix
Engineering Consultant	Eng. Asaad Salama — Hafez Consulting Office
Executive Consultant	Mahram – Bakhoum Office
Construction Contractor	Almaher Contracting Company

 

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Mall Remeny Gloria Inn Location in the New Administrative Capital

The project occupies a strategic position at the heart of the MU23 district in the New Administrative Capital, specifically on the fourth plot from the Sports City, with direct frontage on Al Amal Axis — a 96-meter-wide arterial road that ranks among the most important traffic corridors in the New Capital. Remeny Mall sits between the city’s two largest residential districts, the Second Residential District R2 and the Third Residential District R3, which together host a combined population that will exceed 500,000 residents at full operation.

 

 

MU23 derives much of its commercial weight from hosting more than 15 international schools and universities, and from its proximity to the Financial District and the Iconic Tower. Together, these factors create a steady, all-day flow of working professionals, students, and residents — directly benefiting both the retail and hotel segments.

The project shares its district with several other competing commercial developments, which strengthens MU23’s identity as a fully integrated investment hub rather than an isolated single-mall location, lifting demand for the entire neighborhood.

 

Landmarks and Distances From Remeny Mall Gloria Inn

Landmark / Area	Distance
Sports City	1 minute
Suez Road	2 minutes
Madinaty Compound	2 minutes
Iconic Tower	3 minutes
Mohamed Bin Zayed Axis	5 minutes
Financial District	5 minutes
Monorail Station	5 minutes
Green River	7 minutes
Al Massa Hotel	8 minutes
Central Park	10 minutes
Government & Diplomatic Districts	10 minutes
New Cairo	25 minutes

 

Neighboring Projects to Mall Remeny Gloria Inn New Capital

The MU23 district is home to a strong cluster of commercial and administrative developments that collectively turn the area into a fully integrated investment hub. This concentration directly benefits Remeny Mall by lifting overall location value and sustaining steady visitor traffic, and the most prominent neighboring projects on our website include:

• Mall Key New Capital — A commercial, administrative, and medical project by HUD Developments in the same MU23 district, offering units starting from 16 sqm with flexible payment plans and low down payments.
• Blue Sky Mall — A HUD investment project in MU23 with direct views of the Iconic Tower, combining commercial, administrative, and medical activities under one roof.
• Circle Mall — Developed by HUD on plot H4 within MU23, featuring panoramic-design investment units and accessible payment plans starting at a 2% down payment.
• Wujha Mall — A commercial and administrative project by Qontrac Development on the central axis of R3, featuring a guaranteed lease agreement (GLA) system that delivers fixed returns to owners.
• The Link Mall — A Hammat Real Estate project in MU23 on Al Amal Axis, bridging the R2 and R3 districts with a mix of commercial, administrative, and medical units.
• The Five Mall — A mixed-use project by Samco Holding in MU23, combining retail, hotel apartments, administrative offices, and medical clinics.
• Spinner Mall — Developed by Radix in MU23 on Al Amal Axis, featuring a refined architectural concept executed by Archrete consulting engineers.
• Bema Mall — A Qontrac commercial and administrative development on plot H9 within MU23 on Al Amal Axis, offering units from 27 sqm with competitive per-meter pricing.

 

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Unit Types, Sizes, and Prices at Mall Remeny Gloria Inn

The project offers a complete investment portfolio split across three distinct segments — each architecturally and operationally separated, and each carrying its own pricing structure that reflects the nature of the activity, the floor’s position, and market demand for that specific unit type. Unit prices (installment-based) are detailed below:

 

Commercial Unit Prices at Remeny Mall Gloria Inn

Unit Type	Floor / Location	Area (sqm)	Price Starts From
Retail Shop — Smallest Unit	Ground / 1st / 2nd	22 sqm	EGP 3,832,000
Retail Shop — Medium	Ground / 1st / 2nd	30 sqm	EGP 5,200,000
Retail Shop — Large	Ground / 1st / 2nd	40 sqm	EGP 13,912,000

 

Administrative Unit Prices at Remeny Mall Gloria Inn

Unit Type	Floor / Location	Area (sqm)	Price Starts From
Office — Entry Size	3rd / 4th	24 sqm	EGP 2,027,000
Office — Larger Size	3rd / 4th	29 sqm	EGP 3,995,000

 

Hotel Unit Prices at Remeny Mall Gloria Inn

Unit Type	Floor / Location	Area (sqm)	Price Starts From
Hotel Studio	5th to 9th	33 sqm	EGP 5,304,000
Hotel Suite	5th to 9th	56 sqm	EGP 5,616,000

 

The price per square meter varies significantly across floors, starting from EGP 84,000/sqm in some administrative units and rising above EGP 340,000/sqm for ground-floor retail units with direct plaza-facing exposure. This range is normal for mixed-use commercial projects and reflects each floor’s footfall potential and projected investment yield. The prices listed are installment-based, while a cash discount is available for buyers paying upfront.

 

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Payment Plans at Mall Remeny Gloria Inn New Capital

Squares Developments has structured 5 distinct payment plans ranging from zero down payment up to a 15% down payment, with installment periods stretching from 6 to 10 years. Each plan carries a different yield on the down payment that reflects the trade-off between upfront commitment and the length of the installment period:

Plan	Down Payment	Installment Period	Yield on Down Payment
Plan 1 — Zero Down	0%	6 years	—
Plan 2 — Highest Yield	5%	7 years	250% on down payment
Plan 3	10%	8 years	150% on down payment
Plan 4	15%	9 years	100% on down payment
Plan 5 — Longest Term	10% + 10% after one year	10 years	75% on down payment

 

On top of these payment plans, the project offers a launch discount of up to 10% on selected units for a limited window, alongside a cash discount for buyers paying in full upfront. Maintenance fees and operations deposit are managed under a separate schedule by WeFix, the dedicated facility-management partner, ensuring service continuity over the long term.

 

Delivery Schedule at Mall Remeny Gloria Inn

The project follows a tiered delivery model that aligns with the operational nature of each segment. Commercial and administrative units are delivered on a Core & Shell basis — meaning the structure, facade, building entries, and core utilities are fully completed, while the unit’s interior fit-out is left to the owner or tenant to customize according to their specific business needs. This is the globally accepted standard for mixed-use developments where unit identity matters.

 

Hotel units, by contrast, are delivered Fully Finished — including all furnishings and hospitality fittings — to comply with Gloria Hotels & Resorts’ operational requirements. Gloria mandates standardized fit-out across every unit under its management to guarantee a consistent guest experience, which protects the brand’s reputation and the hotel-segment investor’s returns.

 

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Services and Amenities at Mall Remeny Gloria Inn

Mall Remeny New Administrative Capital sets itself apart from conventional projects in the area through a service portfolio and operational partnerships built around long-term professional management — not just unit delivery. The strategic alliances with specialized brand operators are what transform this from a real estate purchase into an investment with built-in operational continuity.

 

Gloria Hotels & Resorts: Hotel Segment Management

Gloria Hotels & Resorts manages and operates the hotel units occupying the fifth through ninth floors. As a regional chain with deep experience in mid-luxury hotel operations across the Gulf, Gloria’s involvement guarantees professional management that drives maximum occupancy rates — without forcing the unit owner to handle daily operations directly.

 

 

This partnership effectively turns the hotel unit into a near-passive income asset. Instead of the owner sourcing guests, marketing the unit, or handling check-ins and maintenance, the operator handles every step — from booking platforms to housekeeping — and the owner receives a periodic share of the operational revenue.

 

Brain 2 Fact: Commercial and Administrative Operations

Brain 2 Fact Group specializes in managing large-scale retail and administrative facilities, and at Remeny Mall they handle tenant leasing, mix curation, and quality control across the commercial and office segments. Their role extends to organizing on-site events and marketing campaigns that drive footfall, building an integrated operational ecosystem that sustains the investment value of every unit over time.

 

Maintenance and Operations by WeFix

WeFix delivers building-wide preventive and emergency maintenance, covering elevators, escalators, central HVAC, generators, and fire-suppression systems. Their scope also includes daily cleaning of common areas and the central plaza, preserving the long-term market value of both the building and the individual units that operate within it.

 

Central Plaza and Food Court

The central plaza takes up the larger share of the lot at 4,830 sqm — equivalent to 70% of the total area — and is purpose-designed as a flexible stage for exhibitions, seasonal events, and retail activations. The space also houses 3 dedicated dining halls within the Food Court, offering a curated mix of regional and international restaurants and cafés.

 

Lifestyle, Wellness, and Sustainability Amenities

Remeny Mall goes beyond pure retail to deliver a full lifestyle experience for visitors and tenants. The development includes an outdoor swimming pool and a fully equipped fitness and wellness center (Gym & Spa) staffed by a professional training team. Electric vehicle charging stations are distributed across the underground parking levels, reflecting a sustainability orientation aligned with smart-city standards.

 

Core Services at Remeny Mall Gloria Inn

Category	Available Services
Operations & Management	Gloria Hotels & Resorts (hotel) — Brain 2 Fact (commercial & admin) — WeFix (maintenance)
General Facilities	Smart elevators — Escalators — Central HVAC — Backup generators — High-speed internet — Smart Building system
Security & Parking	24/7 security — Smart CCTV — Electronic gates — 2-level underground parking — Valet service
Common Areas	4,830 sqm plaza — Food Court (3 dining halls) — Central lobby — Meeting rooms — Mosque with women’s prayer area
Lifestyle & Wellness	Outdoor pool — Gym & Spa — Kids entertainment areas — Restaurants & cafés
Sustainability	EV charging stations — Energy-efficient glass facades — Advanced fire-alarm systems
Financial Services	ATMs — Reception & customer service desks

 

 

Investment Advantages at Mall Remeny Gloria Inn

Remeny Mall presents a deliberately structured investment proposition built around measurable, tangible factors rather than generic marketing claims. The most significant pull factors include:

• High yield on down payment: The payment plans deliver yields up to 250% on the down payment under Plan 2 (5% down — 7 years), placing it among the highest yields in the New Capital commercial market.
• Guaranteed footfall from R2 and R3: The position between the New Capital’s two largest residential districts secures a daily customer base exceeding 500,000 residents at full occupancy — directly supporting the retail segment’s day-to-day performance.
• Professional management under recognized brands: The presence of Gloria Hotels & Resorts and Brain 2 Fact gives the investor full confidence in unit management — particularly for hotel units, which become near-automated income-generating assets.
• 15+ international schools and universities in the area: The dense educational presence in MU23 brings thousands of students and parents through the area daily, multiplying visitor traffic potential.
• Vertical diversification reduces risk: Combining retail, administrative, and hotel segments in a single building distributes the owner’s investment risk and creates operational synergy (hotel guests become customers of the retail and dining outlets).
• 96-meter frontage on Al Amal Axis: The wide axis grants the project exceptional visual exposure and ensures effortless visitor access from every direction.
• Low 30% built ratio: With 70% allocated to plaza and open space, the project creates a refined visitor experience that encourages longer stays — directly increasing average spend per visitor.

 

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Why Invest in the New Administrative Capital?

The New Administrative Capital has emerged as Egypt’s primary investment destination, anchored by integrated infrastructure, the Government District housing the ministries and sovereign agencies, and the Financial District attracting the country’s leading banks and financial institutions. These foundations together secure rising demand for commercial, administrative, and hotel units across the city.

 

About Squares Developments

Squares Developments (شركة سكويرز للتطوير العقاري) is a specialized real estate entity that consolidates the experience of three veteran developers operating across Egypt, Kuwait, and the Gulf. The company is built on an operational legacy that traces back to 1997 through its founding members’ earlier ventures, and is currently executing an investment plan worth EGP 50 billion across a portfolio of residential, commercial, administrative, and hotel projects — with target sales of EGP 23 billion from its current developments in the New Administrative Capital.

 

The company is led by three engineers whose combined real estate experience exceeds 60 years:

• Eng. Hany Georgious — Co-Founder and Co-Chairman, Founder of Guide Developments in Egypt and Kuwait, member of the New Cairo and New Administrative Capital Developers Association, and Vice Chairman of Squares Developments.
• Eng. Talaat Georgious — Co-Founder and Co-Chairman, Founder of several prominent real estate firms including Modn, House Building, and Mostakbal Misr, with a portfolio spanning Egypt, Kuwait, Hungary, and the UAE, backed by over 40 years of real estate development experience.
• Eng. Mina Maher — Co-Founder and CEO, Founder of Almaher General Contracting, executing major projects with both government entities and the private sector across the New Administrative Capital, the North Coast, and 6th of October.

 

The company has reinforced its position in the Egyptian market through strategic partnerships with leading real estate entities including NCB Developments, MODON Developments, and Guide Developments, alongside global operating partners such as Gloria Hotels & Resorts, Brain 2 Fact Group, WeFix, and Hafez Consultants.

 

Squares Developments Track Record

The company and its affiliated entities (House Building and Almaher) have completed more than 300 projects across Egypt — distributed between Nasr City, Heliopolis, the Fifth Settlement, the New Administrative Capital, the North Coast, and 6th of October — alongside 3 major projects in Kuwait that include The Avenue Mall, The Gate Mall, and Marina Mall. The most prominent prior works include:

 

Project	Location	Type
The Avenue Mall	Kuwait	Major commercial mall
The Gate Mall	Kuwait	Commercial complex
Marina Mall	Kuwait	Commercial mall
West View Tower	Downtown — New Administrative Capital	Administrative, commercial & medical tower
SAGE Lakes Residence Compound	R8 — New Administrative Capital	Integrated residential compound

 

Other Squares Developments Projects on Our Website

Squares Developments has a diverse portfolio of projects under development in the New Administrative Capital, ranging from mixed-use commercial developments to upscale residential compounds. The most prominent of these on our website include:

• West View Complex Mall — A commercial, administrative, medical, and hotel project in Downtown of the New Administrative Capital, located on the western axis facing the Iconic Tower and Al Massa Hotel. The project spans 3,700 sqm and consists of two basements, a ground floor, and 11 upper floors, applying the same Squares philosophy of integrating multiple activities under one roof.

 

Given that Squares is a relatively new entity in its current corporate form — despite the operational depth of its founders — its on-site project portfolio is still in expansion phase. Additional upcoming projects (such as SAGE Lakes Residence Compound) are expected to be added to our website soon.

 

Similar Commercial Projects in the New Administrative Capital

To complete your investment options, our website features additional malls and commercial towers in the New Administrative Capital:

• Zaha Park Mall — Among the largest commercial malls in the New Administrative Capital at 50,000 sqm, developed by Hometown, combining retail, administrative, and medical units in the MU23 location.
• Modad Mall — A specialized administrative complex in the Financial District near the Iconic Tower, structured as 3 separate buildings with sound-insulated glass facades.
• Grand Square Mall — A Pyramids Developments project in the Financial District spanning 7,800 sqm with EGP 750 million in investment, offering diverse units with interest-free payment plans.

 

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Reserve Your Investment Unit at Mall Remeny New Capital

Remeny Mall Gloria Inn New Capital brings together every element a strategic investor looks for in a commercial, administrative, or hotel investment — from a strategic position on the fourth plot of the Sports City within MU23, to operational partnerships with global brands like Gloria Hotels & Resorts and Brain 2 Fact, to payment plans with yields on the down payment reaching 250% and installments stretching to 10 years.

With a launch discount up to 10% available for a limited window, this is more than a passing opportunity — it’s an invitation to join one of the most consequential mixed-use developments in the capital of Egypt’s future.

 

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