Ocasa Developments launches two new projects in the Administrative Capital and New Cairo. With American experience and a global investment vision, the company enhances its presence in the Egyptian market.
Eng. Adel Yassa, Ocasa Developments Chairman, said that the Egyptian real estate market is experiencing a strong growth phase. This enhances Ocasa’s drive to expand and seize new opportunities. He noted that the company’s strong experience in the U.S. market supports its growth, as it has implemented several major projects in California.
He added that his company’s vision since its inception has been to launch projects that rival the most prestigious global markets. The company also aims to achieve real investment value for clients. He emphasized that real estate development is not limited to residential units only. It includes creating integrated communities that reflect a sophisticated lifestyle.
Yassa explained that his professional experience extends for more than 12 years in the U.S. market. He founded MJ United and implemented six major projects. These include a luxury residential complex in Los Angeles, a commercial center in San Diego, and a mixed-use project in San Jose. He also developed a sustainable project in Orange County, an administrative tower in Los Angeles, and a coastal villa complex in Malibu.
Ocasa Developments Chairman pointed out that the Egyptian real estate market is full of promising opportunities. These opportunities are especially visible in new cities such as the Administrative Capital and New Alamein. He noted that the company plans to double its investments in Egypt over the next three years.
This plan includes implementing residential and commercial projects in strategic locations in New Cairo and the Administrative Capital.
He added that Ocasa Developments seeks to be among the top 10 real estate companies in Egypt within a record time. This ambition relies on the company’s global experience, strong financial solvency, and integrated investment vision.
