The National Bank of Egypt (NBE) has arranged a syndicated loan of around EGP 1 billion for Mashareq Real Estate Investment, a subsidiary of Pioneers Properties for Urban Development.

Pioneers Properties for Urban Development (PRE Group) witnessed 81.80% year-on-year (YoY) lower consolidated net profits attributable to the holding company in the first half (H1) of 2025

PRE Group has launched ZAG, a modern commercial and administrative hub for the Ivoire East project in New Cairo

Pioneers Properties for Urban Development generated consolidated profits attributable to EGP 1.101 billion in 2024

Pioneers Properties for Urban Development recorded contracted sales valued at EGP 43.2 billion in 2024

Pioneers Properties for Urban Development (PRDC) posted a 998.27% year-on-year (YoY) increase in consolidated profits attributable to the holding company during the first half (H1) of 2024.

Pioneers Properties for Urban Development (PRDC) posted a 1,516.07% year-on-year (YoY) increase in consolidated profits attributable to the holding company during the first quarter (Q1) of 2024.

Pioneers Properties for Urban Development’s (PRDC) consolidated profits attributable to the holding company recorded EGP 414.023 million in 2023, compared to net losses of EGP 153.105 million in 2022.

Pioneers Properties for Urban Development has launched the first phase of its residential IVOIRE EAST in New Cairo with investments worth EGP 22 billion, as per a disclosure.

Pioneers Properties for Urban Development (PRDC) has seen a block-trading transaction valued at EGP 14.481 million on the Egyptian Exchange (EGX), according to an announcement by the EGX on February 7th.

Established in September 2021, Pioneers Properties is a Cairo-based company listed on the EGX that operates within real estate development and investment.