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Squares

Squares

Egypt
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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Squares Developments presents itself as an Egyptian real-estate developer building “since 1997,” with a focus on mixed-use and commercial developments. Public-facing materials highlight projects such as Remeny (including “Remeny Gloria”) and additional developments marketed in the New Administrative Capital and Sheikh Zayed (e.g., West View / West Mark / Remeny). Available sources indicate ongoing project announcements and partner signings (e.g., hotel management collaboration noted on the developer’s site). Independent third-party project listings exist on local brokerage/aggregator sites, but detailed, verifiable completion history is limited in the sources reviewed. Overall, the developer appears active with multiple marketed projects, while publicly verifiable delivery history is not comprehensively documented in open sources.

Financial Credibility

Squares Developments appears to operate as an active company with an established digital presence and listed headquarters in Cairo on professional networking platforms. Public information reviewed does not clearly evidence institutional funding, audited financial statements, or disclosed debt/funding facilities. The developer’s public communications reference project activity and partnerships, which can indicate operational continuity, but do not on their own confirm balance-sheet strength. No reliable public record of major capital raises or bank syndications was identified in the sources reviewed. Overall, financial credibility cannot be strongly confirmed from public documentation, but there are also no clear public signals of acute financial distress in the reviewed sources.

Project Quality

Public materials emphasize community-style planning and mixed-use concepts, but they are primarily promotional in nature and not an independent quality audit. Available sources do not provide extensive third-party engineering reports, warranty disclosures, or completed-project inspection outcomes. The developer’s site references design intent and partnerships (including hospitality-related collaboration) that may relate to service standards, but this is not direct evidence of build quality. Third-party listing pages reference project names and basic details, without consistent, verifiable post-completion performance data. Overall, project quality cannot be conclusively evaluated from open sources reviewed; evidence is mainly marketing descriptions rather than independent assessments.

Legal & Regulatory Standing

No authoritative public record was found in the reviewed sources confirming licensing status, specific government approvals, or regulatory filings for each project. The developer maintains an official website and public communications channels, which supports basic identity verification but is not regulatory proof. No publicly documented enforcement actions or official sanctions were identified in the sources reviewed. Because Egypt’s permitting/registration details are not consistently published in easily verifiable public registries for each marketed project, regulatory standing remains only partially verifiable from open sources. Overall, no negative regulatory findings were identified, but compliance cannot be fully confirmed from publicly available documentation reviewed.

Customer Experience

Publicly accessible, review-style buyer/tenant feedback specifically attributable to Squares Developments is limited in the sources reviewed. The developer’s channels focus on announcements and marketing updates rather than after-delivery service metrics. Third-party listing pages typically emphasize pricing and availability rather than documented handover experiences. No consistent dataset of post-delivery support responsiveness, warranty handling, or community management satisfaction was identified. As a result, customer experience cannot be robustly characterized from open sources reviewed, beyond confirming active sales/marketing presence.

Market Reputation

Squares Developments appears present in Egypt’s market through its official site and recurring project marketing on local real-estate platforms. Professional-networking presence and third-party listings suggest ongoing activity and some market visibility. However, widely cited independent media coverage, awards, or large-scale institutional recognition was not prominent in the sources reviewed. Likewise, strong negative reputation indicators (e.g., major public controversies) were not identified in the reviewed sources. Overall, the public footprint suggests an active but not broadly documented reputation in major independent sources.

Innovation & Sustainability

Public descriptions reference community-building and general sustainability themes, but specific measurable commitments (e.g., green building certifications, energy targets, ESG reports) were not clearly evidenced in the sources reviewed. No confirmed LEED/EDGE/BREEAM certifications or published sustainability performance metrics were identified. The developer’s site includes general positioning language rather than verifiable technical sustainability documentation. As a result, innovation and sustainability adoption cannot be confirmed beyond general claims.