Eng. Adel Yassa, Ocasa Developments Chairman, said that the Egyptian real estate market is experiencing a strong growth phase, which enhances Ocasa’s drive to expand and seize new opportunities, especially with the company’s strong experience in the U.S. market through the implementation of 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 and achieve real investment value for clients, assuring that real estate development is not limited to building residential units only, but also includes creating integrated communities that reflect a sophisticated lifestyle.
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Global Experience Supports Local Success
Yassa explained that his professional experience extends for more than 12 years in the U.S. market, through founding MJ United and implementing six major projects, including:
• A luxury residential complex in Los Angeles
• A commercial center in San Diego
• A mixed-use project in San Jose
• A sustainable project in Orange County
• An administrative tower in Los Angeles
• A coastal villa complex in Malibu
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Doubling Investments in 3 Years
Ocasa Developments Chairman pointed out that the Egyptian real estate market is full of promising opportunities, especially in new cities such as the New Administrative Capital and New Alamein, noting that the company plans to double its investments in Egypt over the next three years through implementing residential and commercial projects in strategic locations in New Cairo and the Administrative Capital.
He added, “Ocasa Developments seeks to be among the top 10 real estate companies in Egypt within a record time, depending on its global experience, strong financial solvency, and integrated investment vision.”
