Latest news with #WaelEzz
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
12-03-2025
- Business
- Zawya
Egypt: Mountain View targets $2.96bln in sales in 2025
Egypt - Mountain View for Development and Real Estate Investment has set an ambitious target of EGP 150bn in sales for 2025 while planning EGP 50bn in investments, including EGP 18bn allocated to construction. The announcement follows a year of exceptional achievements, securing Mountain View's position among Egypt's top three real estate developers for the fourth consecutive year. Amr Soliman, Founder and Executive Chairperson, emphasized the company's commitment to expansion, stating, 'This year, we have set an ambitious sales target of EGP 150bn, alongside our ongoing expansion strategy, which began last year with our entry into the Saudi market, bringing our expertise and vision to new territories.' Wael Ezz, Co-CEO, highlighted Mountain View's focus on timely project completion, noting that the EGP 18bn construction budget will support previously announced projects and phases. 'We are collaborating with over 100 major contracting and supply companies to ensure timely delivery, in line with our commitments to clients,' he added. Meanwhile, Co-CEO Wael Lotfy outlined Mountain View's broader EGP 50bn investment strategy, which includes expanding its land portfolio. 'We have already secured over 6,000 feddans and will continue to grow in line with our annual expansion strategy,' Lotfy said. He also emphasized the company's focus on enhancing community living, ensuring residents benefit from top-tier commercial and community services that cater to their everyday needs. Mountain View's strategic growth and investment plans reaffirm its leadership in Egypt's real estate market, positioning the company for continued success and regional expansion in the coming years.
Zawya
12-03-2025
- Business
- Zawya
Mountain View sets ambitious sales target of EGP 150bln
The announcement follows Mountain View's exceptional achievements and record sales last year, which reached EGP 105 billion, reaffirming its position as one of Egypt's top three real estate developers for the fourth consecutive year. Mountain View contributes to the growth of the Egyptian economy by providing over 50,000 direct and indirect job opportunities. The company's achievements have solidified its standing in both the Egyptian and regional markets as one of the leading real estate developers in Egypt. Mountain View has signed contracts with more than 100 major contracting and supply companies to execute construction work. Cairo: During its annual operating plan meeting, Mountain View for Development and Real Estate Investment announced its target of achieving EGP 150 billion in sales in 2025 and investing a total of EGP 50 billion, with EGP 18 billion allocated to construction. This follows a year of exceptional achievements that have solidified the company's position as one of Egypt's top three real estate developers for the fourth consecutive year. These outstanding accomplishments have also reaffirmed Mountain View's position as a strong and leading investor in the local market. The company consistently doubles its target figures annually, demonstrating its confidence in the Egyptian economy and the real estate investment climate. "Mountain View is a key player in Egypt's real estate sector, driven by our strong confidence in the country's economic potential and market growth. We continue to support economic development by generating over 50,000 direct and indirect job opportunities.' Remarked Eng. Amr Soliman, Founder and Executive Chairman of Mountain View. 'This year, we have set an ambitious sales target of EGP 150 billion, alongside our ongoing expansion strategy, which began last year with our entry into the Saudi market, bringing our expertise and vision to new territories." He added. Echoing this sentiment, Eng. Wael Ezz, Co-CEO of Mountain View, stated, "Mountain View aims to invest EGP 18 billion in construction work for previously announced projects and phases, collaborating with over 100 major contracting and supply companies to deliver its projects on schedule, in line with the agreed-upon timelines with clients. We are committed to increasing our investments each year due to our deep understanding of customer needs, our adoption of emerging trends in the Egyptian real estate market, and our dedication to providing the highest standards of safety, security, and advanced facilities.' For his part, Eng. Wael Lotfy, Co-CEO of Mountain View, added, "This year, Mountain View is investing a total of EGP 50 billion across a range of future plans, including expanding the company's land portfolio, which aligns with our annual expansion strategy, having already secured over 6,000 feddans to date. We are also focused on enhancing the daily living experiences of families by offering commercial and community services that cater to the everyday needs of Mountain View families.' Mountain View continues to lead the Egyptian and regional real estate markets by developing fully integrated urban communities that emphasize sustainable development and enriching the lives of its residents. The company also reaffirmed its commitment to corporate social responsibility through developmental initiatives and educational programs aimed at improving people's lives and fostering innovation among youth. 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'.
Daily News Egypt
12-03-2025
- Business
- Daily News Egypt
Mountain View targets EGP 150bn in sales in 2025
Mountain View for Development and Real Estate Investment has set an ambitious target of EGP 150bn in sales for 2025 while planning EGP 50bn in investments, including EGP 18bn allocated to construction. The announcement follows a year of exceptional achievements, securing Mountain View's position among Egypt's top three real estate developers for the fourth consecutive year. Amr Soliman, Founder and Executive Chairperson, emphasized the company's commitment to expansion, stating, 'This year, we have set an ambitious sales target of EGP 150bn, alongside our ongoing expansion strategy, which began last year with our entry into the Saudi market, bringing our expertise and vision to new territories.' Wael Ezz, Co-CEO, highlighted Mountain View's focus on timely project completion, noting that the EGP 18bn construction budget will support previously announced projects and phases. 'We are collaborating with over 100 major contracting and supply companies to ensure timely delivery, in line with our commitments to clients,' he added. Meanwhile, Co-CEO Wael Lotfy outlined Mountain View's broader EGP 50bn investment strategy, which includes expanding its land portfolio. 'We have already secured over 6,000 feddans and will continue to grow in line with our annual expansion strategy,' Lotfy said. He also emphasized the company's focus on enhancing community living, ensuring residents benefit from top-tier commercial and community services that cater to their everyday needs. Mountain View's strategic growth and investment plans reaffirm its leadership in Egypt's real estate market, positioning the company for continued success and regional expansion in the coming years.
