Livingyards announced its project portfolio investment value has exceeded EGP 30bn, targeting revenues over EGP 50bn in coming years. The company appointed Abdullah Lotfy as new Managing Director to bolster operations. It highlighted flagship developments in New Administrative Capital and New Cairo.
Livingyards announced the total investment value of its project portfolio has exceeded EGP 30bn, with targeted revenues projected to surpass EGP 50bn in coming years.
As part of its growth strategy, the company appointed Abdullah Lotfy as Managing Director to strengthen operations and support the next development phase. Lotfy emphasized Livingyards’ focus on building integrated residential and mixed-use communities that align with evolving market demands and deliver long-term value for customers and investors.
He highlighted The Loft Residence Compound in the New Administrative Capital as a flagship project. Spanning 22.5 feddans, it allocates about 81% of its area to green spaces and services, including around 900 residential units from 78 to 434 sqm with various finishing options. Lotfy also pointed to Solay in New Cairo's Golden Square, covering nearly 31 feddans as a fully integrated villa community with residential, luxury serviced units, commercial, administrative, and entertainment components, dedicating about 80% to landscaped and open spaces.
Construction progresses across Livingyards’ developments, emphasizing delivery schedules and quality standards. The company has begun delivering units at The Loft Residence Compound, which includes a clubhouse and commercial-administrative services center. Structural works are completed for The Loft Downtown and The Loft Plaza, mixed-use projects with administrative, commercial, and medical spaces.
Livingyards recently expanded its portfolio with the launch of Noir and Solay in New Cairo, now including Noir, Solay, The Loft Residence Compound, The Loft Downtown, The Loft Plaza, and LCC across New Cairo, New Capital, and West Cairo, focusing on integrated urban communities and sustainable development.