JLL’s Project & Development Services team entrusted with delivery of ZED East and Silversands North Coast
News release
25 October 2022
Ora Developers appoints JLL’s Project & Development Services Team
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JLL, a leading professional services firm specialized in real estate, investment management, and development consultancy services, has inked an agreement with global property developer, Ora Developers, to deliver full project management and cost management services on two major projects in Egypt.
ZED East is a residential and mixed-use development spanning 360 feddan total land area between New Cairo and New Capital City. The first phase comprises development of 407 residential units, including villas, semi-detached houses, townhouses and chalets spread across approx. 52 feddan.
The second project is Silversands North Coast, a luxury community covering 500 feddans of 1km beachfront, located 4km from Almaza, between Sidi Henish Al Abd and Almaza Bay.
The development features five-star hotels, residences - villas, beach houses and chalets - F&B outlets and spas. Phase 1 includes villas, semi-detached houses, chalets, a hospital, infrastructure and surrounding landscape.
“We are delighted to receive this award which reinforces our reputation as one of the leading project management and cost management consultancies in Egypt and look forward to building a strong relationship with Ora Developers,” said Mohamed Nabil, Head of Project & Development Services Egypt at JLL.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.