Valero Developments has entered into a strategic cooperation agreement with KAD Commercial Property Management to enhance the operational performance of its projects and support their long-term investment value. The agreement was signed by Ahmed Fahmy, Chairman of Valero Developments, and Maha El-Fangary, General Manager of KAD Commercial Property Management, in the presence of senior executives from both companies. Commenting on the partnership, Fahmy said the agreement reflects Valero Developments' commitment to applying professional standards across all stages of its projects, from development and construction to operation and management. He noted that the company aims to meet client expectations while ensuring sustainable, long-term investment outcomes. Fahmy emphasized that successful real estate projects depend not only on design and location, but also on effective long-term management. He added that partnering with KAD supports Valero's integrated approach by bringing specialized expertise in facilities and property management. He further explained that KAD was selected for its extensive experience in post-construction management and its proven track record in delivering operational solutions that ensure consistent performance and quality standards. The partnership, he said, will enable Valero Developments to integrate specialized operational and facilities management services that help maintain project quality over time and enhance sustainability. For her part, El-Fangary said the cooperation brings together Valero Developments' real estate expertise and KAD's professional project and property management capabilities, with the shared goal of improving operational efficiency and maximizing project value. She added that the partnership aligns with Valero Developments' strategy of delivering high-quality, sustainable projects through structured management across all phases, contributing to operational stability and improved financial performance for clients and investors.
