Hometown Real Estate Development has announced the signing of a strategic cooperation agreement with the international firm Chapman Taylor. Under this agreement, Chapman Taylor will be responsible for the urban planning and architectural designs of Hometown’s upcoming projects, including major developments in East and West Cairo and Nasser City in Assiut.
The agreement was signed by Eng. Diaa El-Din Farag, Chairman of Hometown Real Estate, and Jan Dijkema, the representative of Chapman Taylor, in the presence of officials from both companies. The announcement was made during a press conference, marking a significant milestone that aligns with Hometown’s strategy to deliver globally competitive projects.
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Importance of Cooperation with Chapman Taylor
Eng. Diaa El-Din Farag, Chairman of Hometown Real Estate Development, emphasized the importance of this collaboration with one of the world’s leading companies in delivering high-quality architectural designs. He highlighted Chapman Taylor’s extensive experience and proven track record in diverse sectors for global entities.
He added that this partnership is part of Hometown’s plan to offer Egyptian projects that compete on a global scale. These projects not only contribute to the company’s past successes but also provide the best real estate opportunities for customers, enabling them to own world-class units on Egyptian soil. The collaboration with Chapman Taylor will begin with projects in East and West Cairo and Nasser City, with further details to be announced soon.
Hometown’s Real Estate Portfolio
Hometown Real Estate Development boasts a diverse portfolio of projects in the New Administrative Capital and West Assiut, including the “Zaha Park” project located in MU23 in the New Administrative Capital. This is the first commercial project to be delivered in that area, comprising a ground floor and nine stories. The company has achieved a strong implementation rate of over 95%.
Additionally, Hometown has made significant progress on the “Lafayette Mall,” a commercial and entertainment project spanning 43,000 square meters in the prime location of Downtown, directly facing the Al Masa Hotel and adjacent to the central monorail station. This project consists of a ground floor, five stories, and two basements, with construction reaching an advanced stage.
The “Udora” Project in the New Administrative Capital
Among Hometown’s key developments in the New Administrative Capital is the “Udora” project. Strategically located in a prime area, directly opposite the Al Masa Hotel and just two minutes from major landmarks such as the central station and financial district, Udora offers an ideal destination for shopping and entertainment. The project has achieved high execution rates, with some phases reaching approximately 95%.
New Investment and Expansion Strategy
Diaa El-Din Farag stated that the company is constantly seeking new investment opportunities and successful partnerships to enhance the value of its projects. This is in parallel with the progress in implementing its existing projects, ensuring that Hometown maintains its commitment to customers by delivering on time.
He also noted that the partnership with Chapman Taylor represents a significant step toward offering innovative projects that reflect the highest standards of quality and design. This collaboration will strengthen Hometown’s position in the Egyptian real estate market and meet the aspirations of its customers by providing globally competitive real estate units.
Chapman Taylor: Strategic Partnership with Hometown
Jan Dijkema, the representative of Chapman Taylor, expressed pride in partnering with Hometown, one of the leading real estate companies in Egypt. He emphasized his confidence in the potential for comprehensive and strategic cooperation between the two companies and looked forward to implementing the projects with world-class standards.
Dijkema also highlighted the promising investment opportunities in the Egyptian real estate market, noting the strong competition that enriches the sector. He mentioned that Chapman Taylor carefully selects its partners to align with its vision and business strategy.
Background on Chapman Taylor
Chapman Taylor was founded in 1959 in the United Kingdom and has since grown to become a global leader in architectural and design services. The firm operates through more than 15 international offices across Europe and Asia and is renowned for blending international expertise with local knowledge, as well as its strong focus on sustainability and innovation in its projects.
Chapman Taylor’s Projects in Egypt
In the Egyptian market, Chapman Taylor has participated in several distinguished projects, including “Gaia Resort,” “Park Street,” and “Magnom Towers.” The company consistently aims to deliver projects that enhance quality of life and meet the aspirations of its clients.
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