Il Cazar has announced the acquisition of two significant land plots as part of its strategy to expand its portfolio of integrated residential and tourism projects. The company has secured an 80-feddan plot of land near the Shooting Club in Sheikh Zayed City, with plans to officially launch the project in May 2025. In addition, Il Cazar has acquired another 120-feddan plot in the highly sought-after Ras El Hekma area of the North Coast, one of Egypt's most attractive investment regions. This project is slated for launch in July 2025, marking Il Cazar's second development in the area following the successful launch of the Safia project in 2024. These land acquisitions are in line with Il Cazar's long-term vision to develop luxury residential communities that cater to the growing demand for high-end properties in Sheikh Zayed and the North Coast. The company remains focused on delivering projects that meet the highest standards of design and construction, offering integrated urban environments that align with modern living trends. Nader Khozam, Chairperson and CEO of Il Cazar, commented: "We are excited to leverage these prime locations to develop fully integrated urban communities. Our goal is to create an advanced living environment that addresses the diverse needs of our customers, offering them a luxurious lifestyle in the most desirable areas." Further details regarding the design, unit sizes, and pricing strategies for these two projects are expected to be revealed soon, as part of Il Cazar's commitment to enriching the real estate market with exceptional developments in prime locations.
