Slvr Communities has officially launched its operations in Egypt’s real estate market, unveiling its first project, RVR, as part of an ambitious EGP 30 billion investment plan over the next five years. The company’s entry reflects its solid financial strength and strategic vision for growth.
According to Ahmed El-Sweisy, Chairman of Slvr Communities, Egypt’s urban development plans have created lucrative investment opportunities, attracting strong real estate players. He emphasized the company’s commitment to making a significant mark in the sector within a short timeframe.
Strategic Land Bank and Upcoming Projects
Slvr Communities has secured three prime land plots in New Cairo, with plans to launch three major projects in 2025:
A residential development in the Sixth Settlement.
A 3,200-sqm commercial, administrative, and medical complex in South Academy.
RVR, a 2,000-sqm commercial and medical project in the Fifth Settlement, currently under development.
El-Sweisy highlighted that East Cairo was chosen for these initial projects due to its strong investment potential, government-backed infrastructure development, and high occupancy rates, making it a prime area for investors and homebuyers.
Self-Financed Expansion and Future Growth
Slvr Communities is actively expanding its land portfolio into Sheikh Zayed City and a coastal area, aiming to diversify its investments. The company is fully self-financed, showcasing a strong financial position that allows it to execute large-scale projects efficiently.
“We are committed to delivering high-quality, innovative developments while maintaining financial stability. Our projects align with market demands and state development initiatives, ensuring sustainable growth,” El-Sweisy stated.
RVR: A Landmark Project in New Cairo
Mohamed Sabea, Chief Commercial Officer, explained that RVR is strategically positioned along Gamal Abdel Nasser Axis in New Cairo’s Fifth Settlement. Spanning 2,000 sqm, the commercial and medical project features a ground floor and four additional floors, designed to set new industry benchmarks.
The construction timeline is on track, with excavation and leveling starting in January 2025, and project delivery expected in 2028. The company has partnered with leading industry experts, including:
Hafez Consultants – Architectural and engineering consultancy.
EHFS – Management and operations of medical units.
GATEWAY – Business development consultancy.
Targeting EGP 6 Billion in Sales for 2025
Slvr Communities aims to generate EGP 6 billion in sales in 2025, aligning its sales strategy with project execution timelines to ensure timely completion and delivery at the highest quality standards.
Industry Experts and Celebrity Endorsement
Eng. Mohamed Hafez, Chairman of Hafez Consultants, emphasized the importance of architectural innovation in RVR, ensuring a landmark design that enhances functionality and aesthetics.
Dr. Mohamed Hesham, Country Director at EHFS, highlighted the seamless integration between architecture and facilities management to maintain the project’s operational efficiency.
Egyptian singer Mohamed Noor became one of RVR’s first clients, praising its prime location, cutting-edge
design, and financial stability, reinforcing Slvr Communities’ credibility in the market.
Conclusion
With a bold vision, strong financial backing, and strategic partnerships, Slvr Communities is poised to redefine Egypt’s real estate landscape. The RVR project marks the beginning of a transformative journey, setting new standards in commercial and medical real estate development.
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