Lasirena Group has invested approximately EGP 1.5 bn in construction across its Egyptian projects during 2024, according to Mahmoud Omar, the group’s Managing Director, Invest-Gate reports.

The company remains focused on timely unit deliveries while maintaining its commitment to exceeding client expectations with high-quality standards.

Omar highlighted that Lasirena’s engineering team has been instructed to intensify efforts on existing projects to ensure units are delivered on schedule. The company delivers between 1,700 and 2,000 units annually and plans to hand over new units in the North Coast and Ain Sokhna by the end of this year.

Moreover, since entering the Egyptian market, Lasirena Group has delivered around 12,000 units and aims to increase this figure to 20,000 within the next three to four years.

Furthermore, the group is committed to offering fully integrated services in its coastal projects, catering to diverse customer needs and enabling year-round living. Approximately 25% of Lasirena’s clients in Ain Sokhna reside in their units throughout the year due to the strategic location and comprehensive services provided.

Lasirena Group boasts one of the largest portfolios of coastal and residential projects in Egypt, offering a range of price points, unit sizes, and services. Currently, the company is managing more than 15 ongoing projects, solidifying its position as a leading player in the real estate sector.