Mountain View has unveiled its 2023 achievements, reporting unprecedented success with total sales surpassing EGP 61 bn, Invest-Gate reports.
East Cairo led with EGP 38 bn in sales, solidifying Mountain View’s regional real estate market dominance. The North Coast followed closely with sales totaling EGP 14.3 bn, showcasing the company’s strong performance in beachfront properties. West Cairo recorded sales of EGP 8.7 bn.
Moreover, Mountain View plans to invest EGP 14.5 bn in strategic ventures in 2024. These investments will support ongoing projects like iCity New Cairo, iCity October, MV Ras El Hikma, LVLS, and ALIVA, expand the company’s land portfolio and initiate new ventures.
For his part, Amr Soliman, Founder and Chairman of Mountain View, emphasized the company’s commitment to excellence. He highlighted groundbreaking projects that exceeded customer expectations and set new industry standards in the Egyptian real estate market.
Furthermore, ALIVA in Mostakbal City, spanning 638 feddans with total investments of EGP 140 bn, contributed significantly to sales in 2023.
The project’s first phase achieved record sales exceeding EGP 32 bn within days of its launch. ALIVA offers innovative living experiences, including nine parks and The Lighthouse, the region’s first experiential happiness destination.
Also, Wael Ezz, Partner & Co-CEO at Mountain View, attributed the remarkable sales to projects like ALIVA, LVLS, iCity New Cairo, and iCity October.
Notably, Wael Lotfy, Partner & Co-CEO, emphasized the company’s understanding of customer needs and its focus on delivering diverse concepts and experiences through projects like ALIVA and The Lighthouse, fostering community engagement and integration.
