Il Cazar expands with strategic land acquisitions
Project | Mar 18, 2025 | Zawya
Il Cazar, a leading real estate company in Egypt, has announced significant land acquisitions in two key regions: Sheikh Zayed City and the North Coast. The company will officially launch the 80-acre Sheikh Zayed development in May 2025 and the 120-acre North Coast project in July 2025. These acquisitions align with Il Cazar's strategy to expand its portfolio in integrated residential and tourism projects, focusing on luxury units and high design standards. CEO Eng. Nader Khozam emphasized the company's commitment to creating elegant, modern communities that meet market demand and global urban development trends. Il Cazar aims to provide innovative real estate solutions and enhance its presence in the Egyptian market by delivering quality and value to investors and residents. Further details about the projects, including design and pricing strategies, will be unveiled soon, underscoring Il Cazar’s mission to enrich Egypt’s real estate market.
Sectors
- Real Estate Development
Geography
- Egypt – The strategic land acquisitions by Il Cazar are located in major places within Egypt, specifically Sheikh Zayed City and the North Coast.
Industry
- Real Estate Development – The acquisition and development of new land for residential and tourism projects aligns with the real estate development sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Il Cazar | Target Company | Company | Il Cazar is a leading real estate company in Egypt, focused on developing integrated residential and tourism projects. |
| Nader Khozam | Chairman and CEO | Person | Eng. Nader Khozam is the Chairman and CEO of Il Cazar, leading the strategic vision and expansion efforts of the company. |