Cazamond Developments Announces New Strategic Phase, Expanding into New Damietta and New Mansoura

 Cazamond Real Estate Development has announced a new chapter in the Egyptian real estate market, introducing an integrated vision built on extensive experience in real estate development across Egypt’s Delta region. The company aims to introduce a new model of urban development that goes beyond the traditional concept of residential development, contributing to reshaping the Delta as an integrated destination for living, investment, leisure, and visits.

This new chapter builds on the Cazamond team’s more than 11 years of experience in construction, development, and operations across the Delta. The company began as a specialist in engineering, architectural, and structural design before evolving into one of the region’s prominent real estate developers, delivering and developing a diverse range of residential projects while also introducing the concept of boutique residential communities to the region.

This journey has given Cazamond and its team a deep understanding of the region, its communities, and residents’ needs, as well as the investment opportunities offered by Delta cities, forming one of the key foundations upon which the company is building its new phase.

Integrated Living and Destination Development

In its new phase, Cazamond is adopting a different vision for real estate development in the Delta, focused on creating integrated residential projects that go beyond providing housing units to build communities and destinations combining quality of life, services, leisure, and open spaces, alongside attractions that allow each project to function as a destination in its own right.

The company believes that the Delta possesses significant potential to become more than simply a real estate market, particularly given its population density, strategic geographic location, rich cultural and social heritage, and broad prospects for growth and expansion. Accordingly, through its new projects, Cazamond aims to contribute to repositioning the Delta as a destination that people want to visit, live in, and invest in.

This vision reflects Cazamond’s longstanding relationship with the communities in which it operates, which was clearly demonstrated through its latest advertising campaign celebrating Damietta, Ras El Bar, and their people, rather than focusing on promoting a specific real estate project. The campaign reflected the company’s belief that cities are not defined solely by their buildings, but by their people, culture, and the stories and experiences that unfold across their streets, homes, and communities.

The vision also reflects the company’s commitment to building long-term relationships with local communities and preserving the core values that have shaped its journey from the beginning, foremost among them trust, quality, and a genuine connection to the place and its community.

Trust has served as a central pillar throughout Cazamond’s journey; amid the economic pressures and currency fluctuations in Egypt during 2023, along with substantial increases in construction costs, the company maintained its contractual commitments, delivering agreed-upon units without imposing any additional price increases on clients, which reinforced client confidence and its standing in the market.

Management Statements and Regional Focus

Mohamed Tharwat, General Manager of Cazamond, stated that the Delta is not simply a market for the company, but the birthplace of its journey where it learned about local community needs and aspirations. He explained that this new phase is not merely about launching new projects, but about presenting a vision to showcase the Delta differently, creating projects and destinations that strengthen people’s connection to the place and encourage living, visiting, and investing.

Tharwat added that true development does not start with the physical building, but with understanding the place and its people, and translating that understanding into communities that deliver real value. He noted that Cazamond’s forward-looking approach focuses on transitioning from conventional property development to developing integrated destinations, positioning its projects as part of a broader rediscovery of the potential within Delta cities.

Expansion in New Damietta and New Mansoura

Cazamond’s vision extends beyond developing new residential projects to creating a wider economic impact, developing destinations capable of attracting residents, visitors, and capital, while upgrading local service standards and generating economic activity beyond Cairo and Giza.

In this context, the company is actively expanding through new projects in New Damietta and New Mansoura, driven by the conviction that both cities possess the foundational assets to play a prominent role on Egypt’s map of attractive urban destinations.

The company highlights that, alongside demographic and urban advantages, the Delta possesses significant cultural, human, and tourism assets, including historic heritage, local crafts, and strategic positioning. Cazamond seeks to leverage these elements to deliver differentiated living experiences and stimulate complementary sectors, including retail, hospitality, entertainment, and job creation.

Cazamond emphasizes that repositioning the Delta does not entail altering its identity, but rather presenting it through a modern, integrated lens, paving the way for a new generation of developments that contribute to shaping real estate growth across Egypt’s regional governorates.