Livingyards, an Egyptian real estate development company, has signed a contract with United Elevators, the authorized agent of KONE in the Middle East, to supply and install elevators and escalators in its upcoming projects. This strategic partnership aims to support Livingyards' expansion plans and enhance the technical and technological solutions within its residential, commercial, administrative, and service projects. By collaborating with specialized companies, Livingyards seeks to ensure the quality of its projects and increase their investment value.
The partnership with KONE reflects Livingyards' vision to secure long-term resources and guarantee adherence to project timelines while ensuring high-quality execution and efficient operation. According to Ayman Marzouq, Chairman of Livingyards, working with specialized entities allows the company to benefit from advanced technical and technological expertise, ultimately enhancing project quality and operational efficiency. This aligns with the company's goal of delivering real estate products that combine quality, efficiency, and investment value.
One of Livingyards' notable projects is NOIR, located in a strategic spot on Sheikh Zayed Road in New Cairo, with investments amounting to approximately 1.5 billion Egyptian pounds. The company's portfolio comprises a diverse range of six projects, including residential, commercial, administrative, medical, entertainment, and hotel projects, spread across the New Administrative Capital, East Cairo, and West Cairo, with total investments exceeding 30 billion Egyptian pounds.
Dr. Abdullah Lotfi, Managing Director of Livingyards, emphasized that modern real estate development requires a comprehensive vision that extends beyond construction to include all technical and operational elements affecting building efficiency and customer experience. Livingyards aims to develop sustainable projects that adopt the concept of "humanizing cities" by prioritizing human needs and focusing on user experience.
The collaboration with KONE is part of Livingyards' efforts to develop projects that meet the technical and operational needs of each specific project, ensuring the integration of various development elements and supporting the company's goal of delivering high-quality and efficient projects. This partnership is expected to enhance the overall quality of Livingyards' projects and reinforce its position in the Egyptian real estate market.
As the real estate market in Egypt continues to grow, Livingyards is committed to delivering projects that meet the evolving needs of its customers and investors. With a diverse portfolio of projects and a strong focus on quality and efficiency, the company is well-positioned to capitalize on emerging opportunities in the market. The partnership with KONE is a significant step towards achieving this goal.
Livingyards is a subsidiary of AM Group, a major economic group with over 30 years of experience in the Egyptian and Middle Eastern markets. The group has a diverse range of activities, including food industries, import and export, and real estate development. With its extensive expertise and commitment to quality, Livingyards is poised to make a significant impact in the Egyptian real estate sector.
Key points
- Livingyards partners with KONE to supply and install elevators and escalators in its projects.
- The partnership aims to enhance project quality and efficiency while supporting Livingyards' expansion plans.
- Livingyards has a diverse portfolio of six projects with total investments exceeding 30 billion Egyptian pounds.
