Latest news with #STMInvestment
Zawya
13-05-2025
- Business
- Zawya
Mountain View achieves EGP 10bln in sales within just 48 hours of launching Grand Valleys at Kayan City
The company sets new benchmarks for excellence in the Egyptian real estate market Mountain View reinforces its position as a leading real estate developer in the New Administrative Capital through this unprecedented achievement The success of Grand Valleys paves the way for major developers to invest in and contribute to the development of the new capital Wael Ezz: This partnership allows us to merge innovative design with strategic execution, setting new standards in Kayan City's real estate market Abdel Rahman El Gohary: We are committed to redefining the concept of integrated real estate developments, reaffirming that quality is not a relative standard but a pledge we make to our clients Cairo: In an exceptional achievement that reflects the confidence of the Egyptian real estate market in its offerings, Mountain View has successfully recorded sales exceeding EGP 10 billion within just 48 hours of launching its latest project, Grand Valleys, located in Kayan City and developed in collaboration with its strategic partner, STM Investment. This unprecedented milestone cements Mountain View's status as one of the most prominent real estate developers in the New Administrative Capital, underscoring its ongoing commitment to providing expansive green spaces that enhance the quality of life in modern residential communities. Grand Valleys is strategically located at the heart of Kayan City in East Cairo, spanning an area of 500 acres. It represents the latest of Mountain View's Signature Living projects, exclusively comprising villas designed with innovative architectural concepts and open spaces that account for 93% of the project's total area. The development is distinguished by its unique design, which includes 15 distinct Valleys offering diverse living experiences, making it an exceptional destination for those seeking luxury and sophistication in the heart of the new capital, one of Egypt's fourth-generation cities, fully equipped with integrated services and facilities. "Through our collaboration with STM on Grand Valleys, we have achieved a remarkable success with record-breaking sales of EGP 10 billion in just two days. This project adds a strategic location to our diversified project portfolio and further strengthens our presence in this vital area. This success is not merely another financial achievement; it reflects Mountain View's deep commitment to developing integrated residential communities that meet client aspirations while adhering to the highest standards of quality and innovation." Remarked Eng. Wael Ezz, Partner and Co-CEO of Mountain View. Echoing this sentiment, Abdel Rahman El Gohary, Managing Director of STM Investment, stated, "At STM Investment, we are guided by a clear vision to develop real estate projects that meet the highest global standards, not only in design and infrastructure but also in delivering an exceptional living experience that balances innovation and quality. The success of Grand Valleys embodies this commitment, as we work side by side with our strategic partners to redefine the concept of integrated real estate developments, affirming that quality is not a relative benchmark but a pledge we make to our clients." This remarkable success stems from the strategic alliance between Mountain View and STM, established to deliver a distinguished real estate offering slated for handover within just one year. It underscores both companies' unwavering commitment to addressing market demands through the provision of fast-tracked, high-caliber residential solutions in one of East Cairo's most dynamic and promising destinations. About Mountain View: Mountain View is a leading Egyptian company founded in 2005 with the aim of developing integrated urban communities. The Company adopted a unique vision, 'Bringing life to land and spreading happiness around us,' by applying the 'Science of Happiness and Innovation' in its projects and implementing them according to global standards. Over almost 20 years of urban development, Mountain View, within the framework of its mission 'Together building a lighthouse to inspire towards meaningful, happy communities,' has successfully developed 20 distinctive projects in three main destinations: West Cairo, East Cairo, and coastal areas overlooking the Red Sea and the Mediterranean. Within the company's plan to expand into other markets, Mountain View announced the launch of "Mountain View KSA' in 2024 in partnership with Maya Real Estate Development and Investment Company and Al Saedan Real Estate Company. Led by a team of experts and distinguished professionals, the company is committed to delivering the latest architectural and engineering designs and innovative concepts, such as "The Lighthouse"—the first place dedicated to community happiness, which operates its distinguished projects, allowing families to "Experience Happiness'.
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.
Zawya
06-03-2025
- Business
- Zawya
Egypt's Mountain View, STM Investment partner for residential project in East Cairo
Egypt-based property developer Mountain View for Development and Real Estate Investment has signed a partnership pact with STM Investment to develop a new project in Kayan City, East Cairo. The project, spanning 500 feddans, will feature over 1,200 ready-to-move-in villas, Mountain View said in a press statement. Financial details and project timelines weren't disclosed. (Writing by Eman Hamed; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
Zawya
06-03-2025
- Business
- Zawya
Mountain View and STM Investment collaborate to develop a premium residential community with global standards in Kayan City
Wael Ezz: The project's strategic location in Kayan City is a significant addition, as it is one of the most promising areas ensuring seamless access to key destinations in East Cairo. Abdel Rahman El Gohary: We look forward to this partnership marking the beginning of a fruitful collaboration between both companies on numerous future projects. Wael Lotfy: Through our collaboration with STM Investment, we aim to meet future market demands by developing a distinguished project that adopts the latest design and urban planning standards. Cairo – Mountain View for Development and Real Estate Investment has signed a partnership agreement with STM Investment to develop a new project in Kayan City, East Cairo. Spanning 500 feddans, the project will feature over 1,200 ready-to-move-in villas with diverse unit sizes. This collaboration marks a strategic step within Mountain View's expansion plans in East Cairo and its vision to develop fully integrated residential communities that adhere to the highest global quality standards. The signing ceremony took place at Mountain View's headquarters and was attended by Eng. Wael Lotfy, Co-CEO of Mountain View, and Eng. Abdel Rahman El Gohary, Managing Director of STM Investment. 'Our partnership with STM Investment represents a significant strategic step, playing a key role in executing the project within a short timeframe while maintaining the highest quality standards. We take pride in collaborating with STM Investment, whose vision aligns with ours in implementing these standards and adhering to delivery timelines. Additionally, the project's strategic location in Kayan City is a valuable asset, as it stands out as one of the most promising areas that ensure seamless access to vital destinations in East Cairo. We are confident that this partnership will contribute to the development of integrated residential communities in this prime location, which serves as a focal point for the future growth of the area.' Remarked Eng. Wael Ezz, Co-CEO of Mountain View. For his part, Mr. Abdel Rahman El Gohary, Managing Director of STM Investment, said 'We are delighted to collaborate with Mountain View, one of the most prominent and reputable real estate development companies in the Egyptian market, in the development of its new project in East Cairo. This project is a valuable addition to STM Investment's track record of delivering real estate developments that meet the highest global standards of quality and excellence. We are confident that this partnership will add mutual value to the remarkable achievements and extensive expertise of both companies, and we look forward to this marking the beginning of a successful collaboration on multiple projects in the future.' Echoing this sentiment, Eng. Wael Lotfy, Co-CEO of Mountain View, added, 'Through our collaboration with STM Investment, we aim to develop a distinguished residential project that embraces the latest design and urban planning standards to meet future market needs and reflect modern trends in the real estate sector. Our new project enjoys a strategic location in Kayan City, East Cairo, serving as a pivotal point for sustainable urban growth. This aligns with our vision of selecting land plots with promising future potential. We are confident that this project will serve as a model for innovation in real estate development and will further strengthen our position in the market as one of the leading companies offering high-quality developments.' STM Investment boasts a team of experts managing a diverse range of projects, including construction, high-quality architectural finishing, steel structures, prefabricated industrial projects, cinemas, as well as infrastructure, water reclamation, and landmark developments. The company is committed to setting industry benchmarks for excellence, ensuring high-quality performance while strictly adhering to project deadlines. STM Investment fosters teamwork and collaboration with various stakeholders to efficiently achieve its objectives. The company has obtained the ISO 9001 certification, an international accreditation affirming its commitment to implementing the highest global quality standards across all its operations. About Mountain View: Mountain View is a leading Egyptian company founded in 2005 with the aim of developing integrated urban communities. The Company adopted a unique vision, 'Bringing life to land and spreading happiness around us,' by applying the 'Science of Happiness and Innovation' in its projects and implementing them according to global standards. Over almost 20 years of urban development, Mountain View, within the framework of its mission 'Together building a lighthouse to inspire towards meaningful, happy communities,' has successfully developed 20 distinctive projects in three main destinations: West Cairo, East Cairo, and coastal areas overlooking the Red Sea and the Mediterranean. Within the company's plan to expand into other markets, Mountain View announced the launch of "Mountain View KSA' in 2024 in partnership with Maya Real Estate Development and Investment Company and Al Saedan Real Estate Company. Led by a team of experts and distinguished professionals, the company is committed to delivering the latest architectural and engineering designs and innovative concepts, such as "The Lighthouse"—the first place dedicated to community happiness—which operates its distinguished projects, allowing families to "Experience Happiness'.
