Latest news with #IlCazar
Daily News Egypt
23-03-2025
- Business
- Daily News Egypt
Il Cazar expands with strategic land acquisitions in Sheikh Zayed, North Coast
Il Cazar has announced the acquisition of two significant land plots as part of its strategy to expand its portfolio of integrated residential and tourism projects. The company has secured an 80-feddan plot of land near the Shooting Club in Sheikh Zayed City, with plans to officially launch the project in May 2025. In addition, Il Cazar has acquired another 120-feddan plot in the highly sought-after Ras El Hekma area of the North Coast, one of Egypt's most attractive investment regions. This project is slated for launch in July 2025, marking Il Cazar's second development in the area following the successful launch of the Safia project in 2024. These land acquisitions are in line with Il Cazar's long-term vision to develop luxury residential communities that cater to the growing demand for high-end properties in Sheikh Zayed and the North Coast. The company remains focused on delivering projects that meet the highest standards of design and construction, offering integrated urban environments that align with modern living trends. Nader Khozam, Chairperson and CEO of Il Cazar, commented: 'We are excited to leverage these prime locations to develop fully integrated urban communities. Our goal is to create an advanced living environment that addresses the diverse needs of our customers, offering them a luxurious lifestyle in the most desirable areas.' Further details regarding the design, unit sizes, and pricing strategies for these two projects are expected to be revealed soon, as part of Il Cazar's commitment to enriching the real estate market with exceptional developments in prime locations.
Zawya
10-03-2025
- Business
- Zawya
Il Cazar, STM Investment partner to launch Stoda in East Cairo
Egyptian real estate developer Il Cazar has announced a partnership with STM Investment, a diversified Egyptian company specializing in real estate development, education, clubs, shopping malls, investments, and technology. This collaboration aims to launch a series of real estate projects featuring ready-to-deliver units in East Cairo, with the first project, Stoda, marking the beginning of this strategic alliance. Stoda reflects the shared vision of both companies to develop high-quality, contemporary projects that offer integrated services and an advanced residential experience. All units in the project are ready for delivery, demonstrating the companies' commitment to providing fully completed properties that meet the highest standards of quality and design. The Stoda project adopts modern architectural principles and includes comprehensive facilities. Located in East Cairo, it features a mix of residential and commercial units ranging from 130 to 240 sqm, including apartments and duplexes. Buyers are offered flexible payment plans extending up to 10 years. Nader Khozam, Chairperson and CEO of Il Cazar, described the partnership with STM Investment as a significant step toward achieving their vision of developing sustainable urban communities with fully integrated living experiences. 'Stoda is just the beginning of a series of projects that will set new benchmarks for luxury and quality. We look forward to achieving mutual success through this collaboration,' he stated. Khozam further highlighted that the partnership aims to introduce innovative housing solutions catering to the increasing demand for luxury developments in East Cairo. He noted that Egypt's real estate sector continues to experience strong growth, fueled by expanding infrastructure and rising demand for integrated residential communities. Stoda, he said, embodies Il Cazar's vision of a modern urban environment that seamlessly blends upscale living spaces with dynamic commercial areas, all designed to align with evolving market expectations. Abdel Rahman El-Gohary, Chairperson and Managing Director of STM Investment, emphasized that the collaboration with Il Cazar reflects both companies' commitment to delivering projects that meet global standards and cater to the evolving needs of the Egyptian real estate market. 'We see Stoda not just as a real estate project but as a new model for luxury and quality in East Cairo. It combines contemporary designs with integrated services to create an exceptional residential environment,' he stated. With Stoda as the first of multiple planned projects under this partnership, Il Cazar and STM Investment aim to redefine high-end living in East Cairo, setting a new standard for luxury, quality, and innovation in the Egyptian real estate market.
Daily News Egypt
09-03-2025
- Business
- Daily News Egypt
Il Cazar, STM Investment partner to launch Stoda in East Cairo
Egyptian real estate developer Il Cazar has announced a partnership with STM Investment, a diversified Egyptian company specializing in real estate development, education, clubs, shopping malls, investments, and technology. This collaboration aims to launch a series of real estate projects featuring ready-to-deliver units in East Cairo, with the first project, Stoda, marking the beginning of this strategic alliance. Stoda reflects the shared vision of both companies to develop high-quality, contemporary projects that offer integrated services and an advanced residential experience. All units in the project are ready for delivery, demonstrating the companies' commitment to providing fully completed properties that meet the highest standards of quality and design. The Stoda project adopts modern architectural principles and includes comprehensive facilities. Located in East Cairo, it features a mix of residential and commercial units ranging from 130 to 240 sqm, including apartments and duplexes. Buyers are offered flexible payment plans extending up to 10 years. Nader Khozam, Chairperson and CEO of Il Cazar, described the partnership with STM Investment as a significant step toward achieving their vision of developing sustainable urban communities with fully integrated living experiences. 'Stoda is just the beginning of a series of projects that will set new benchmarks for luxury and quality. We look forward to achieving mutual success through this collaboration,' he stated. Khozam further highlighted that the partnership aims to introduce innovative housing solutions catering to the increasing demand for luxury developments in East Cairo. He noted that Egypt's real estate sector continues to experience strong growth, fueled by expanding infrastructure and rising demand for integrated residential communities. Stoda, he said, embodies Il Cazar's vision of a modern urban environment that seamlessly blends upscale living spaces with dynamic commercial areas, all designed to align with evolving market expectations. Abdel Rahman El-Gohary, Chairperson and Managing Director of STM Investment, emphasized that the collaboration with Il Cazar reflects both companies' commitment to delivering projects that meet global standards and cater to the evolving needs of the Egyptian real estate market. 'We see Stoda not just as a real estate project but as a new model for luxury and quality in East Cairo. It combines contemporary designs with integrated services to create an exceptional residential environment,' he stated. With Stoda as the first of multiple planned projects under this partnership, Il Cazar and STM Investment aim to redefine high-end living in East Cairo, setting a new standard for luxury, quality, and innovation in the Egyptian real estate market.
