Strategic Partnership Between Il Cazar and STM Investment: Launch of Stoda, Their First Real Estate Project in East Cairo

Il Cazar, a leading real estate company in the Egyptian market, has announced the signing of a strategic partnership agreement with STM Investment, an Egyptian company specializing in various sectors, including real estate development, education, clubs, shopping malls, investments, and technology. This collaboration aims to develop a series of distinguished Real estate projects with ready-to-deliver units in East Cairo.

This partnership includes three real estate projects, starting with Stoda, the first outcome of this strategic alliance, and it reflects the shared vision of both companies to deliver value-added projects featuring contemporary designs, superior construction quality, and integrated services that provide an advanced residential experience. Additionally, all units in these projects are ready for delivery, reflecting the commitment of both companies to offering fully integrated projects that meet the highest quality standards.
Stoda project adopts advanced architectural standards and features integrated facilities. Located in East Cairo, the project includes residential and commercial units ranging in size from 130 to 240 square meters, comprising apartments and duplexes. The project also offers a payment plan of up to 10 years, with units ready for delivery.

On this occasion, Mr. Nader Khozam, Chairman and CEO of Il Cazar, expressed his optimism about the partnership, stating: “At Il Cazar, we are committed to form strategic alliances that enhance our real estate portfolio and deliver innovative projects that address market demands. Our collaboration with STM Investment marks a significant step toward realizing our vision of developing sustainable urban communities that offer a fully integrated living experience and ready-to-deliver units. Stoda is just the beginning of a series of projects that will set new benchmarks for luxury and quality, and we look forward to achieving mutual success”.

Khozam further added: “This partnership aims to introduce advanced housing solutions that cater to the growing demand for luxury developments in East Cairo. The real estate sector is witnessing continuous growth, driven by infrastructure expansion and increasing demand for integrated residential communities. Stoda reflects Il Cazar’s vision of creating a modern urban environment that blends upscale living spaces with vibrant commercial areas, featuring innovative designs that align with market expectations”.

This partnership aligns with Il Cazar’s expansion strategy to enhance its real estate portfolio and launch innovative projects that meet client needs while adhering to the latest global urban development standards.

Mr. Abdel Rahman El-Gohary, Chairman and Managing Director of STM Investment, emphasized that this partnership represents a significant milestone in STM Investment’s journey in real estate development. He highlighted that the collaboration with Il Cazar reflects both companies’ commitment to delivering projects that adhere to global standards and meet the evolving demands of the Egyptian real estate market.

El-Gohary added: “We see Stoda not just as a real estate project but as a new model for luxury and quality in East Cairo. It brings together contemporary designs and integrated services to create an exceptional residential environment”.

Through this partnership, Il Cazar aims to develop projects focused on quality and sustainability, incorporating the latest smart design and construction standards. This collaboration aligns with Il Cazar’s strategy to introduce world-class, innovative projects that add value to the Egyptian real estate market while offering a fully integrated experience that meets client aspirations for modern, and developed communities.