Latest news with #LandmarkDevelopments
Daily News Egypt
18-05-2025
- Business
- Daily News Egypt
LMD Unveils 'Being' in New Zayed, Partners with LA7 to Launch Innovative Business Hub 'Mindset'
Landmark Developments (LMD), one of Egypt's leading real estate developers, has launched a new mixed-use project in New Zayed under the name 'Being,' introducing a unique urban model that merges residential comfort with smart commercial functionality. Spanning 150 feddans opposite Sphinx International Airport, the project is designed to meet the evolving needs of both residents and businesses in West Cairo's fast-growing market. Marking a major milestone in its expansion strategy, LMD has also opened its first sales office in Park Street, Sheikh Zayed, to provide closer access to its clientele in West Cairo. 'At LMD, we're committed to reshaping modern life in Egypt. With Being, we're offering comprehensive solutions that serve both residents and businesses,' said Amr Sultan, Founder and CEO of LMD. 'Our partnership with LA7 brings a new layer of innovation to the market and strengthens our vision of forward-thinking development.' Central to the Being project is the introduction of 'Mindset,' a business complex developed in partnership with LA7. The concept aims to redefine the traditional workspace by combining functionality with well-being. More than just offices, Mindset will offer an immersive business lifestyle experience that includes wellness facilities, health services, co-working spaces, and on-demand consulting services. 'We're excited to work alongside LMD to bring Mindset to life — a business hub designed to inspire better work and better living. It's a space where wellness, creativity, and ambition meet under one roof,' said Omar El Ghazaly, CEO of LA7. Mindset will feature a gym, physiotherapy center, nutrition experts, wellness and spa services, ergonomic furniture, private workspaces, a library, co-working areas, a conference hall, kids' zones, a music room, cooking school, and a food court. Additional offerings include access to an in-house psychologist, life coach, private doctor, and legal, financial, and HR consulting offices. A high-tech center for AI and programming is also part of the development. The launch of Being and the unveiling of Mindset reflect LMD's broader ambition to pioneer new living and working experiences in Egypt's real estate landscape. The company has already begun offering commercial units within the development, targeting businesses looking for integrated and innovative workspaces. LMD's portfolio includes high-profile developments such as Stei8ht, Eastside, One Ninety, and Zoya on the North Coast. With the introduction of Being, the developer reinforces its position as a trailblazer in Egypt's urban transformation.
Zawya
16-05-2025
- Business
- Zawya
Egypt's LMD targets $6bln investments for hospitality and residential expansion
Landmark Developments (LMD) is planning to expand its hospitality and residential portfolio with an investment strategy that targets over 300 billion Egyptian pounds ($6 billon), the company's founder and CEO Amr Sultan said. Speaking to Zawya Projects, Sultan said the company's hospitality portfolio includes 1,330 hotel rooms and 1,800 serviced apartments across key developments in partnership with brands such as W Hotels, Marriott, and Villa Coconut. 'We believe that by partnering with esteemed brands, we can elevate the standard of tourism in Egypt," he said. Among LMD's key developments are the W Hotel and Serviced Apartments, the Autograph Collection, the Tribute Portfolio Hotels in New Cairo, and Ghazala Bay on Egypt's North Coast. The company is also developing the More Serviced Apartments project in New Cairo, offering hotel-style amenities in residential settings. LMD's land bank currently stands at 8 million square metres (sqm), with 4.5 million sqm under development. Its residential project portfolio includes more than 24,300 units. The company's latest launch, the EGP 20 billion ($399 million) 'Being' development in New Zayed, is expected to generate EGP 25 billion in sales ($499 million). The 'Being' project also includes the 'Mindset' business complex developed in partnership with LA7. Sultan said the company is assessing luxury development opportunities in Ras El Hekma on Egypt's Mediterranean coast. Internationally, LMD operates in five countries, with recent acquisitions in Cyprus and growing interest in Saudi Arabia. 'While LMD does not yet have a legal entity in Saudi Arabia, it is actively studying investment opportunities, particularly in luxury developments tailored to Gulf tastes,' he said. LMD is advancing innovative projects like Egypt's first design district within the ONE NINETY project in New Cairo, spanning 199,000 sqm. To manage affordability, the company is adopting flexible installment and pricing strategies and forecasts price increases of up to 13 percent this year in line with inflation. 'Our goal is to create high-quality environments that support economic growth and meet rising expectations across the region,' concluded Sultan. (1 US Dollar = 50.13 Egyptian Pounds) (Reporting by Marwa Abo Almajd; Editing by Anoop Menon) (
Daily News Egypt
18-04-2025
- Business
- Daily News Egypt
LMD Launches Landmark 150-Acre Mixed-Use Development in West Cairo
Landmark Developments (LMD), a leading real estate developer in Egypt, has announced its official expansion into West Cairo with the launch of a major new 150-acre mixed-use development. The project blends residential and commercial components, positioning itself as a future-ready urban community designed to meet the growing demand for integrated living spaces. Strategically located for maximum accessibility, the development reflects LMD's commitment to creating dynamic environments that merge comfort, convenience, and innovation. The project will feature a balanced mix of residential units and commercial zones, tailored to meet the evolving needs of residents and businesses alike. 'Following our exceptional success in New Cairo and the North Coast, we're excited to bring our vision to West Cairo, an area with great potential and growing demand,' said Eng. Amr Sultan, Founder and CEO of LMD. 'At LMD, our vision extends far beyond transforming physical spaces into thriving communities. We strive to create environments that elevate living standards, offering endless possibilities while prioritizing safety, comfort, and luxury, all in one place.' The development is being executed in collaboration with top-tier architects, engineers, and strategic partners, ensuring meticulous attention to detail, sustainable design, and high-quality infrastructure. This expansion builds on LMD's strong portfolio, which includes prominent projects such as Stei8ht, 3sixty, There, One Ninety, W The Residences Cairo, and Zoya on the North Coast. The West Cairo venture forms part of the company's broader strategy to redefine urban living and strengthen its presence in key growth markets across Egypt. With the new West Cairo development, LMD reinforces its reputation for delivering forward-looking communities that seamlessly integrate residential, commercial, and lifestyle components.
Zawya
17-04-2025
- Business
- Zawya
Landmark negotiates $4bln real estate project with Egypt
Egypt - Landmark Developments is in advanced talks with the Egyptian government to develop a $4 billion residential and commercial project in Cairo, Managing Partner Hamad Al Abbar told Asharq Business. Al Abbar said the company is also planning to finalize two new deals on Egypt's North Coast by the summer. He noted that Landmark's total investments currently stand at around $6 billion, of which $5 billion are in Egypt and the remaining $1 billion split between Dubai and other markets where the company operates. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
