After "Shades" launch، Asaldi Properties consolidates its robust growth with strategic excellence، innovative ambition
Karim Bairam، Asaldi Properties CEO and the mastermind behind its success، declared that the company، as a market leader in a competitive industry، has excelled in its market performance with a range of significant milestones and redefines ambition with strategic excellence to continues itd robust growth after “Shades” launch as well as with expansion strategy to implement residential and commercial projects in the Egyptian market.
Karim Bairam، Asaldi Properties CEO، stated that the company is committed to introducing an innovative concept of commercial and administrative projects to the real estate market and plan to achieve this by strategically constructing a commercial administrative project in New Cairo.
Strategy to seize investment opportunities
Karim Bairam indicated that the company aims to pioneer a new identity in East Cairo with planned expansions into West Cairo in the near future as this aligns with its strategy to seize investment opportunities across the country، leveraging government initiatives to enhance infrastructure.
Karim Bairam said that Asaldi Properties is exploring opportunities for regional expansion in foreign markets، particularly the GCC and Europe، aiming to take Egyptian-born brands and expose them internationally through multiple commercial projects.
Asaldi Properties plans to invest EGP10billion over the next five years
Karim Bairam، Asaldi Properties CEO، explained that the company plans to invest EGP 10 billion over the next five years and its investment strategy spans various aspects of the real estate sector by allocating funds toward development projects، technology integration، market expansion، sustainability initiatives، and potential acquisitions as this diversified approach aims to maximize returns and maintain competitiveness.
Karim Bairam، Asaldi Properties CEO، expected the Sales projections for the Shades project is currently under assessment، and the company anticipates robust performance given the project’s innovative features and strategic location، and is expecting a sales volume above EGP 2 billion.
Asaldi Properties’ vision for the current year
Asaldi Properties’ vision for the current year is to increase the land bank and to check expansion opportunities in premium locations in Cairo، after the launch of our 1st project in East Cairo (Shades)، aligning with sustainable principles and meeting future demands، according to Karim Bairam، Asaldi Properties CEO.
Karim Bairam، Asaldi Properties CEO perceives that the Egyptian real estate market presents significant opportunities for growth، therefore، the decision to establish Asaldi Properties stems from recognizing the market’s strength and potential for innovation and the vast experience of our Founders as pioneers in Egypt’s real estate sector to introduce new concepts and elevate industry standards to meet evolving demands.
Karim Bairam's recommendations to maximize real estate investment potential
Karim Bairam offered recommendations to maximize real estate investment potential in Egypt and to unlock Egypt’s real estate investment potential by fostering collaboration between private and public sectors which is crucial as this partnership can stimulate property industry growth and attract foreign investments.
He added that implementing a national real estate identification system enhances market formalization، appealing to international investors، while expanding communication efforts and prioritizing green urbanization standards further boost investor confidence and industry competitiveness.
Finally، building trust among stakeholders is essential for sustained growth and success in the sector، Karim Bairam affirmed، noting that these recommendations lay the groundwork for maximizing Egypt’s real estate investment potential and ensuring sustainable growth in the global market.
