Dr. Assem El-Gazzar, Non-Executive Chairman of ÈLM Developments, stated that the ÈLM Tree project represents a qualitative addition to Egypt’s urban development path, particularly in 6th of October City, and reflects the national vision for well-planned urban expansion under Egypt Vision 2030, Invest-Gate reports.

He explained that the project is strategically located in the heart of the northern expansions of West Cairo, an area currently witnessing a significant urban and investment boom, making it an attractive environment for living, working, and investing simultaneously.

El-Gazzar added that ÈLM Tree embodies a model for modern urban communities that integrate quality planning, environmental sustainability, and investment value. The project’s location was carefully selected to overlook Al-Boulevard axis, with a prime frontage extending over 1,300 meters, ensuring a distinctive presence and enhancing the added value of the land and units. He highlighted that this strategic location places the project at the center of major services, including shopping centers, schools, universities, and entertainment areas, with easy access to Cairo’s key roads and highways.

El-Gazzar further explained that the project’s total investments, amounting to EGP 10bn, reflect the company’s confidence in the strength of Egypt’s real estate market and its capacity to absorb innovative projects that meet the needs of diverse customer segments. He emphasized that such a level of investment contributes to supporting the local economy by creating direct and indirect job opportunities, while driving growth in the real estate sector and related industries and services.

He concluded by stressing that ÈLM Tree is not just a residential project, but a comprehensive vision for a modern lifestyle aligned with international urban planning standards and the Sustainable Development Goals. He expressed confidence that the project will become a landmark in the urban development landscape of 6th of October City, serving as a model that combines luxury, comfort, and high investment returns.