Go Khozam Developments did a facelift to “il cazar”, as part of the company’s plan to transform into an international brand, Invest-Gate reports.

Nader Khozam, chairman of il cazar, says, “the change takes place in the name only without any changes in the company’s shareholders’ structure or ownership, and the main objective of changing the name was for the sake of enabling the company to become a global brand in Egypt.”

He explains that the name “il cazar” means Caesar, and it is an international registered trademark through which the company seeks to have an imprint with global standards in its current and future projects.

Moreover, the company started its work in the real estate market through Go Heliopolis project, which was completely sold out and will be delivered by the end of 2022, as it is an integrated residential project located in Heliopolis and includes 1500 units.

Also, the company is developing Creek Town New Cairo project in the 1st Settlement with investments estimated at EGP 8 bn, as the project is located directly on the Suez Road on an area of ​​100 acres and is divided into three phases, and consists of 1500 units and will be delivered by 2024, besides the company keens to deliver its projects according to the curtained dates by contract and agreed upon.

The company is expected to open two projects this year, a project in New Alamein on an area of ​​80 acres with a lake frontage of 1200 meters with a volume of investments of EGP 3 bn and an administrative commercial project in the 1st Settlement with an area of ​​130,000 sqm with investments of EGP4 bn.