Nader Khozam, Chairman of Alcazar Real Estate Development Company (Joe Khozam), said his company intends to build a project this year in al-Alamein on an area of 80 acres, with a lake façade of 1200 meters with an investment of 3 billion pounds.
It also plans to set up a 130,000-square-meter administrative business with investments of EGP 4 billion.
He stressed that the company seeks to launch projects that will be an integrated community for customers to strengthen the ties and social relations between customers within the project, and the company achieved a variety of experiences through the two projects
The company focuses on the elements of quality and speed of implementation in its projects in order to ensure the quality of life of customers.
Real estate developer Joe Khozam has announced a rebranding of Alcazar as part of the company’s plan to transform a global brand.
Nader Khozam, Chairman of Alcazar Real Estate Development, said that the change is made only to the name without any changes in the structure or ownership of the company’s shareholders and the main objective of the name change was to become a global brand on Egyptian soil.
He explained that the name Alcazar means Caesar, an international registered trademark through which the company seeks to have a footprint of international standards in its current and future projects.
He pointed out that the company has a strong strategy in the coming period to launch a distinctive project annually that achieves diversity in its portfolio of projects, and enables it to reach the top of the real estate market in record time.
He added that the company started its work in the real estate market through the project “Joe Heliopolis”, which was sold in full and will be delivered by the end of 2022, an integrated residential project located in New Egypt with 1500 units.
The company succeeded in marketing its sales targets in record time, through which the company’s expertise in real estate development increased.
He pointed out that the company is also developing the creek town new Cairo project with the first pool with an estimated investment of 8 billion pounds, and the project is located directly on the Suez Road on an area of 100 acres and divided into three stages.
The project consists of 1,500 units and will be delivered in 2024 and the company is keen to deliver its projects in accordance with the contract deadlines agreed upon.