With over 24 years of experience, Evora Developments has announced a strong new launch aimed at implementing an ambitious expansion plan to reinforce its leading position in the real estate market.
The company is set to kick off this plan in Sheikh Zayed, 6th of October, and New Cairo’s Fifth Settlement, while also preparing to direct substantial investments into real estate sector in the coming period.
Eng. Ebrahim Mohamed Abdo, Chairman of Evora Developments, stated that this new launch is driven by a clear strategic vision focused on delivering fully integrated real estate projects that align with market demands and meet the evolving needs of clients.
He said that Evora Developments has been active in the Egyptian market since 2001 and is backed by highly skilled professionals with extensive experience in the real estate sector. This enables the company to deliver high-quality, value-added projects that maintain its leading position in the market.
Ebrahim added that the company aims to expand with a diverse portfolio of projects across various regions in Egypt.
He further pointed out that, through its expansion plan, the company is targeting investment in promising urban areas that are among the most attractive for real estate investment. The coming period will witness the announcement of the company’s first projects in these locations, which will be developed to the highest standards of quality and modern architectural design.
He explained that investment in the North Coast is part of this ambitious expansion plan, aimed at meeting the needs of those seeking luxury and relaxation in a sustainable and well-developed environment within an integrated project.
Evora Developments is committed to making a qualitative shift in the concept of real estate development by delivering innovative projects that combine contemporary architectural design with a focus on smart solutions and environmentally friendly sustainable technologies.
He stated that the company plans to invest in residential, commercial, administrative, and medical projects in areas where demand is thoroughly studied to ensure delivering a real estate product that meets the needs of the targeted clients.
The company also adopts a flexible financing policy and a strategy that aims to strike a balance between sustainable growth and financial commitment. Therefore, the funding sources for this plan will include self-financing, marketing revenues, and real estate investment funds.
He noted that diversifying funding sources, supported by solid financial strength, minimizes financing risks, safeguards the stability of operations and project execution over the long term, and preserves the trust of both investors and clients.
Evora Developments’ chairman revealed plans for expansion into several key areas in the near future. The company will develop integrated residential projects in urban growth zones, along with commercial and administrative ventures, including smart business complexes and shopping centers in prime locations to serve business sectors and create a modern environment for local and international investors.
In addition, the company plans to expand in tourism projects by developing resorts in areas such as the North Coast and Ain Sokhna, focusing on the concept of tourism and real estate export, he added.
The company also targets expansion in the medical and educational sectors through investment in building medical complexes, specialized clinics, and international schools within residential communities to provide integrated services for residents and enhance quality of life. Furthermore, it seeks to invest in proptech by integrating AI solutions, smart property management, and sustainable construction systems into all its projects, Ebrahim concluded.
