Capital Hills Developments company announced the successful completion of the handover of Park Yard 1 project, a step that reflects the company’s commitment to implementing and delivering its projects according to the targeted timelines, and assures the company’s ability to transform real estate projects into successful investment and operational destinations.
For his part, Eng. Mohamed Salah, Founder and Chairman of Capital Hills Developments, said that the company’s success in delivering the project coincides with attracting a group of major international and local brands to operate within the project, which contributes in creating a qualitative shift in the surrounding area and significantly enhances its investment and commercial appeal.
He emphasized that “Park Yard 1” in 6th October City was not merely a commercial project, but a comprehensive vision aiming to create a vibrant hub serving the area and enhancing its market value, as this vision is reflected in the high demand and investment returns the project has achieved since its launching.
He pointed that the success of “Park Yard 1” marks the beginning of a new phase in the area’s development, noting that the company is also developing “Park Yard 2” at the same location, applying its vision to enhance the area’s investment value and transform it into one of the most promising commercial destinations.
He noted that investment in the project has exceeded 300%, a figure that reflects the strength of the project’s prime location and the viability of the investment opportunity the company offers its clients, besides the company also decided to introduce a comprehensive rental system for owners, allowing each owner to rent out their unit starting from the first day of handover, thus transforming the investment into a tangible and immediate return from the outset, which serves as a practical proof of the successful investment value the project offers for its clients.
He explained that Capital Hills Developments continues to work at an accelerated pace on its various projects in West and East Cairo, including Sheikh Zayed, 6th October City, the New Capital, and New Cairo, as the current projects are witnessing advanced completion rates, reflecting the company’s strong operational capacity and its commitment to delivery scheduled deadlines.
He assured that they operate according to a clear strategy that prioritizes execution, because the true value of any real estate project begins upon actual handover, therefore, this year will witness the handover of several projects across various sectors, as part of a plan aimed at strengthening client confidence and transforming real estate investments into productive assets that generate real returns.
He explained that the company regards the post-delivery phase as a crucial part of the project’s success cycle, which explains its focus on attracting major brands and efficiently managing real estate assets to ensure the long-term sustainability of investment value.
He added that his company continues to implement an ambitious expansion plan based on a strong track record of achievements and high execution rates, in addition to completing deliveries on several of its current projects, thus reinforcing its position among the leading real estate developers in the Egyptian market.
