Hyde Park Development, the top real estate developer in Egypt, is taking part in the 2nd edition of Cityscape Global 2024 in Riyadh to solidify real estate ties between Egypt and Saudi Arabia. They will showcase their 17 years of experience and 237 billion EGP investments in a wide range of projects. The company will highlight their latest residential, commercial, and entertainment projects in the North Coast, East, and West Cairo, known for their modern designs and exceptional facilities management. Additionally, they will present their real estate marketing and consulting services to attract investors and meet customer’s aspirations.
Eng. Amin Serag, CEO of Hyde Park, emphasized that the company’s participation in Cityscape Global in Riyadh is a strategic move towards establishing a strong regional presence, particularly in the promising Saudi market. He aims to position Hyde Park as a leader in real estate development, attract a wide range of investors, and provide top-notch marketing services. In 2020, Hyde Park launched Founders, a real estate consulting company that achieved remarkable success with projects like “Wesal City” and “Gardenia City”. Wesal City, covering 800 acres in East Cairo, sold 7,079 units in two years, while Gardenia City sold 19,200 units. Founders was among the top companies with sales totaling EGP 28.6 billion in 2023.
Hyde Park unveiled the SeaShore project on the Mediterranean coast in Ras El Hekma, offering nearly 4,000 units with picturesque views of the Mediterranean Sea. In East Cairo, the “Hyde Park” project stands out as one of the leading projects in the Fifth Settlement area, delivering over 5,000 units so far. The project features diverse designs of villas and apartments, a 10,000 square meter clubhouse, and a vast park. In West Cairo, the Tawny and Garden Lakes projects offer entertainment services, cycling and jogging tracks, outdoor activity areas, and spacious gardens. Tawny is set to be completed in 2025, with 256 villas.
Established in 2007 as Damac Properties Development LLC, Hyde Park Real Estate Development Company garnered major shareholders such as the Housing and Development Bank, the Egyptian Arab Real Estate Bank, and the Holding Company for Investment and Development. The New Urban Communities Authority and the National Bank of Egypt also hold significant shares in the company. Hyde Park’s participation in Cityscape Global aims to showcase their extensive experience and investments in various premium projects, attracting investors and customers alike. With a focus on innovative designs, quality services, and strategic partnerships, Hyde Park continues to be a frontrunner in the real estate development industry.
