Latest news with #NewCairo
Zawya
21 hours ago
- Business
- Zawya
Livingyards partners with Decipher Egypt to launch NOIR project in New Cairo
Egyptian real estate developer Livingyards has announced a strategic partnership with Decipher Egypt, a leader in commercial space management, to launch its latest commercial and administrative project, NOIR, in New Cairo. Under the agreement, Decipher Egypt will provide end-to-end consulting for NOIR, including strategic planning, leasing strategy, and design advisory services. The aim is to optimize space utilization, enhance commercial value, and align the development with international benchmarks. The collaboration will also focus on attracting top-tier investors and renowned retail brands to the project, enhancing both market value and return on investment. Founded by Faisal Abdel Akher, Decipher Egypt brings more than 20 years of expertise in commercial asset management, with a proven track record across Egypt—from Cairo to the North Coast and the Delta. The firm's comprehensive services include strategic leasing, design consultation, and long-term commercial asset oversight. NOIR is Livingyards' most recent foray into the commercial real estate market since its founding in 2018. The project represents a total investment exceeding EGP 2bn, with projected revenues surpassing EGP 3bn. It is one of six developments currently underway by Livingyards in East Cairo. Spanning a land area of approximately 3,137 sqm, NOIR offers over 15,000 sqm of leasable space. The ground floor is designated for premium retail units, while the upper four floors house modern administrative offices. The development will feature an exclusive mix of luxury retail stores, gourmet restaurants, cafés, bank branches, pharmacies, and car showrooms—all arranged around a central plaza that ensures high visibility and accessibility for all units. Administrative spaces at NOIR will be delivered fully finished to global standards, with units ranging from 40 to 2,000 sqm. Several offices will include private terraces with direct views of the central plaza, providing ideal workspaces for international brands seeking high-end office environments. Additional features include a two-level underground parking garage for up to 150 cars, a central cooling system for energy efficiency, and a smart building management system to optimize operations and reduce overhead costs. Construction progress is well underway, with 80% of the structure completed, including all concrete work for the first four floors. Interior finishing is ongoing, and unit handover is scheduled within 18 months, by the end of 2026. Flexible payment plans and exclusive cash discounts are currently available. Designed in collaboration with renowned firms YBA and SSE, NOIR reflects Livingyards' vision of blending architectural innovation with market-driven functionality. This partnership with Decipher Egypt supports Livingyards' broader mission to establish itself among Egypt's top real estate developers, with a focus on delivering high-quality, value-driven residential and commercial projects. The company's total investments have exceeded EGP 32bn, supported by an expansive land portfolio. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Zawya
2 days ago
- Business
- Zawya
Livingyards partners with Decipher Egypt to launch NOIR
Livingyards, a leading real estate developer in the Egyptian market, has announced a strategic partnership with Decipher Egypt, an expert in commercial space management and operations, to launch its flagship project, NOIR, in New Cairo. The project is set to become one of the most prominent commercial and administrative developments in the area. Under this partnership, Decipher Egypt will provide analytical consulting, strategic planning, and leasing recommendations for NOIR's commercial and administrative units. The company will also offer expert design solutions to ensure optimal space utilization and elevate the project's commercial appeal to global standards. As part of the collaboration, Decipher Egypt will implement an effective strategy to attract top-tier investors and leading retail brands, maximizing investment returns and enhancing the sales and market value of the project's units. With over 20 years of experience in commercial asset management and a solid record of accomplishment with major real estate developers across Egypt from Cairo and the North Coast to the Delta, Decipher Egypt, founded by Mr. Faisal Abdel Akher, offers a full suite of services including strategic leasing planning, and commercial asset design and management. This makes them an ideal partner to support the success and profitability of the NOIR project. NOIR is Livingyards' latest and most significant commercial and administrative development since its launch in 2018, with investments exceeding EGP 2 billion and projected revenues of over EGP 3 billion. The project is one of six distinctive developments currently in progress, and aims to redefine the concept of mixed-use communities in East Cairo by combining modern design, operational efficiency, and long-term investment revenue. Strategically located in the heart of Fifth Settlement at One-Ninety North, NOIR offers easy access from key roads and landmarks, including Cairo Festival City, Downtown Mall, and is just minutes away from both the Ring Road and the New Administrative Capital. Surrounded by prestigious universities such as AUC, CIC, GUC, and FUE, its location solidifies its status as the "heartbeat" of North 90th Street. Spanning a land area of approximately 3,137 square meters, NOIR features over 15,000 square meters of leasable space, comprising a ground floor dedicated to retail units and four upper floors for administrative offices. The project will host an exclusive selection of high-end retail outlets, gourmet restaurants and cafés, bank branches, pharmacies, and car showrooms, all surrounding a central plaza that offers full-view exposure for both shops and offices. The administrative units at NOIR will be delivered fully finished to latest global standards, with sizes ranging from 40 to 2000 square meters across four floors. Select units feature open terraces with direct views of the central plaza, providing ideal working environments for global brands and companies seeking high-performance office spaces. Adding to its appeal, NOIR includes a two-level underground parking facility accommodating up to 150 cars, an intelligent building management system, and an eco-friendly central cooling system designed to reduce energy consumption and operating costs. The project is also supported by a robust digital infrastructure provided by a leading global telecom provider, featuring Triple Play services and advanced building management software for smooth and sustainable operations. Construction at NOIR is progressing rapidly, with 80% of the structure completed, including all concrete work for the first four floors. Finishing works are currently underway, and unit handover is scheduled within' 18 months, by the end of 2026. Flexible payment plans are available, along with exclusive cash discounts. NOIR offers a unique identity, with its name inspired by refined French aesthetics and architectural elegance. The project was designed in collaboration with multidisciplinary design firms including YBA and SSE, delivering a seamless blend of strategic location, thoughtful architecture, and premium finishing. It is envisioned as a premier destination for companies and brands seeking to strengthen their presence and competitiveness in the long term. This partnership with Decipher Egypt aligns with Livingyards' ongoing mission to cement its position as one of Egypt's top real estate developers by delivering innovative residential and commercial projects that balance luxury with value. The company's total investment reached over EGP 32 billion and holds a huge land portfolio. In its commitment to flexible and high-return solutions for clients, Livingyards has also introduced a new sales and leasing approach tailored to meet the evolving needs of investors and entrepreneurs looking for sustainable and profitable opportunities. Eng. Ayman Marzouk, Chairman of Livingyards, stated: "The NOIR project reflects our strategy to develop innovative commercial destinations that merge modern design with operational integration. At Livingyards, we're creating commercial communities defined by identity and experience, and NOIR is the milestone of this vision, brought to life through our strategic partnership with Decipher Egypt." Mr. Mohab El-Tabie, CEO of Livingyards, added: "NOIR marks the beginning of a new chapter in our commercial developments. We aim to set a new benchmark for mixed-use projects in New Cairo especially through our collaboration with seasoned partners like Decipher Egypt. This is the first of many planned collaborations that will enhance the value of our commercial communities." Mr. Faisal Abdel Akher, Founder and CEO of Decipher Egypt, commented: "We are proud to partner with Livingyards on the NOIR project. We are committed to supporting their vision of delivering commercial spaces that offer a distinctive identity and a complete experience. Through the attraction of premium brands and innovative office designs, we aim to create exceptional visitor experiences and elevate NOIR into a top-tier commercial destination in East Cairo." This strategic collaboration between Livingyards and Decipher Egypt represents a shared commitment to delivering tangible value to NOIR's clients offering a comprehensive commercial experience that blends expert space management with carefully selected retail brands to meet the needs of today's refined consumers and entrepreneurs as well as enhancing the project's position as a leading marketing and business destination.
Zawya
4 days ago
- Business
- Zawya
Cornerstone Development is taking part in the 15th Nile Real Estate Exhibition in Doha, Qatar
Under the sponsorship of Egyptian Prime Minister Dr. Mostafa Madbouly, Cornerstone Development will take part in the 15th edition of the Nile Real Estate Exhibition, which will take place from May 26 to 29, 2025, at the Doha Exhibition and Convention Center in Qatar. In addition to unveiling several notable units in its projects in the Administrative Capital and Mostakbal City in New Cairo, Cornerstone Development is providing its clients with a plethora of offers and facilities throughout the expo. According to Engineer Ashraf Boulos, Chairman and Managing Director of Cornerstone Development, the company is eager to take part in significant real estate shows and events outside of Egypt because it believes that exporting Egyptian real estate is essential to bringing hard currency into the country and bolstering the economy. He noted that Egypt has enticing prospects that allow it to make strides in this crucial area, such as appealing cities and areas, high real estate values, and the existence of significant real estate development firms with skills and capabilities that provide a unique product. He clarified that the company has been eager to execute unique and creative projects with the best design and finishes since its founding in order to satisfy the demands of international clientele. He pointed out that between 40 and 50 percent of the company's overall revenues come from customers outside of Egypt. According to Cornerstone Real Estate Development's Sales Director, Tamer Boulos, the company stands out for being the first to deliver its units that are 80% completed. This system, which Cornerstone invented for the Egyptian market, enables clients to get the apartment with ceramic facades and tiles, allowing for quick move-in and relocation. During the Nile Real Estate Exhibition in Qatar, he made note of the company's provision of prestigious units in its RED project in Mostakbal City, New Cairo. With units of different sizes, Cornerstone is providing Mostakbal City's lowest percentage of built-up area through the project. In Mostakbal City, New Cairo, Cornerstone will carry out the RED project in three phases. The project consists of villas of various models: duplexes and townhouses, with ground floor and three upper floors. The total number of villas in the project is 250 villas and 400 apartments. Every effort is made to guarantee the units' privacy and independence. One of the biggest consulting organizations has been hired by Cornerstone to help conceptualize the project, by means of integrating innovative design ideas. Despite the need for about 22% of the land to be built up, Cornerstone has only constructed on 17% of it. Roads, services, landscaping, and green areas occupy the remaining space. Tamer Boulos went on to say that during the Nile Real Estate Exhibition, Cornerstone would also introduce units in The Curve project in the New Administrative Capital. Delivering units is expected to start in December 2025. One of the earliest initiatives in the New Administrative Capital's R8 district was The Curve. It is situated in one of the most noticeable areas, right next to the Green River and near the airport, the Presidential Palace, the ministries, and the Mohammed bin Zayed Axis. With 15 buildings spread across four blocks, it has a total built-up area of 100,000 square meters. Residential apartments, duplexes, and penthouses with expansive open areas are among the several types of units.
Zawya
7 days ago
- Business
- Zawya
Al Bostany Developments launches "Ladera Hub" in the heart of New Cairo
Al Bostany Real Estate Development Company has announced the launch of its new project, "Ladera Hub," located in the heart of New Cairo. This initiative is part of its strategy to provide integrated projects that adapt to changes in the real estate market and meet the aspirations of clients seeking a modern and sophisticated investment experience. During a press conference, Eng. Mohamed Al Bostany, Chairman of the company, confirmed that "Ladera Hub" is a contemporary model that blends commercial and hotel uses, offering an innovative architectural vision that aligns with the latest global trends. He explained that the project features a stepped design, allowing all units to have facades and outdoor spaces, enhancing the user experience and giving the project a unique modern character. He also noted that the project is strategically located on South 90th Street, near Tabarak Hospital, making it an ideal destination for mixed-use activities. The total area of the project exceeds 3 acres, featuring units of various sizes suitable for different activities, with flexible payment plans starting from a 5% down payment and facilities extending up to 8 years. Al Bostany added that "Ladera Hub" is being implemented in partnership with a selection of specialized consulting entities. Marron Properties is responsible for the management and operation of the project, while Eng. Moataz Ezz Al Arab handles architectural consulting, Eng. Mohamed Al Shafie from "City Stars" oversees structural consulting, and Eng. Mohamed Sabry from "United Engineering Group" manages electromechanical consulting. Additionally, the French company Batiment has designed the interior decorations. In a related context, Al Bostany recently celebrated the launch of the project and its 40th anniversary in a grand event featuring star Tamer Ashour, attended by prominent figures from media, politics, and the real estate development sector. This occasion highlights the company's stature and its long-standing journey in the Egyptian market. The company also announced a renewal of its corporate identity, reflecting its new and future vision, which focuses on innovation and quality, delivering projects that align with economic and urban transformations in Egypt. They are also moving to their new headquarters in front of the American University, enhancing their presence in the heart of New Cairo. Eng. Mohamed Al Bostany concluded his speech by emphasizing that "Ladera Hub" represents a qualitative addition to the real estate market in New Cairo in terms of design, location, and service diversity, making it a comprehensive destination that combines work, leisure, and living in a developed urban environment that meets the needs of a new generation of investors and entrepreneurs.
Zawya
18-05-2025
- Business
- Zawya
LMD fast-tracks W Cairo construction, Egypt's first W Hotel, by the end of 2025
Interior architecture finalized by Bowler James Brindley as LMD redefines luxury living at One Ninety with Marriott's globally acclaimed W brand. Cairo, Egypt - LMD (Landmark Developments), one of the premier real estate developers specializing in creating transformative residential and commercial experiences, is proud to announce that it is fast-tracking construction on W Cairo, the first W Hotel in Egypt brought by Marriott International, Inc. The project represents an investment exceeding 220 million dollars, with the structural skeleton slated for full completion by the end of 2025. Located within the One Ninety development in New Cairo, the hotel represents a bold addition to Egypt's luxury hospitality landscape. This construction milestone reinforces LMD's commitment to timely deliveries, quality developments, speedy execution, and robust trustworthiness. With a passion for excellence, meticulous attention to details, and an integrated approach to design and functionality, LMD continues to redefine modern luxury through global partnerships and visionary execution. Further supporting this progress, LMD confirmed that world-renowned interior architecture firm Bowler James Brindley (BJB) has finalized all interior design works for the hotel, ensuring a blend of cutting-edge creativity and timeless elegance. BJB's design process is inspired by Cairo's rich history while simultaneously undertaking contemporary evolution. Their work includes W Sydney, W Manchester, W Barcelona, and W Budapest. 'Our target is clear, construction is moving full speed ahead',' said Eng. Amr Sultan, Founder and CEO of LMD, 'The W Cairo is not just a hotel. It is a statement of confidence, innovation, and commitment while introducing a whole new outlook on refined hospitality. At LMD, our vision extends far beyond transforming physical spaces into thriving communities to elevating living standards and offering endless possibilities. We are proud to be leading the charge in bringing Marriott's iconic W brand to Egypt and delivering a project that exceeds expectations in both design and experience.' W Cairo Hotel brings Marriott International's celebrated 'Whatever/Whenever®' philosophy to Egypt for the first time. The hotel will feature330 elegantly appointed rooms and suites, drawing inspiration from Egyptian heritage, most notably, the lotus flower, reimagined with contemporary sophistication. Guests will enjoy exclusive amenities including the WET® infinity pool deck, AWAY® soul-soothing spa, WIRED® business center, and the brand's signature FIT® fitness hub. Seamlessly connected to One Ninety's lush Urban Park spanning over 30,000 sqm. W Cairo Hotel will offer direct access to artisanal dining, luxury retail, and vibrant entertainment. The entire experience is designed to be immersive, offering guests panoramic views and tailored moments that reflect both local culture and global standards of excellence. One Ninety, LMD's $1 billion flagship mixed-use development, is thoughtfully master planned across 344,315 square meters of lush, iconic land. Strategically located at the intersection of 90 Street and the Ring Road, the project features W Cairo The Residences, Cairo design District (CDD), and the Urban Park with expansive green spaces, offering a fully walkable, future-ready destination. With this new project, LMD continues to push boundaries and inspire with its groundbreaking collaborations, exceeding the expectations of both its customer base and investors.
