Toledo Development has announced the launch of its latest project, Layana Residence North Coast, located at a prime site at kilometer 70 in the North Coast, spanning over 52 feddans. One of the project’s key competitive advantages is its strategic location, offering direct sea views and proximity to Sidi Abdel Rahman and El Alamein.
Eng. Mohamed Hammam, Chairman of Toledo Development, stated that this project raises the company’s investment portfolio to EGP 9bn. The launch is part of a robust expansion plan focused on diversifying its project portfolio and providing multiple options for clients seeking exceptional developments.
Hammam said that the project is a fully integrated residential and tourist development, comprising 1,968 units of various sizes. The project offers a wide range of services to ensure the highest standards of luxury, including a private beach with water sports areas, recreational facilities such as a cinema, amusement parks, cafes, a sports club, a spa, fitness centers, and a commercial area featuring shops and diverse restaurants. Additionally, the Layana Residence includes a host of extra services provided by the company.
He noted that the company was keen to deliver a fully integrated project offering the highest standards of luxury for its clients. The project includes comprehensive hotel-style services, most notably a clubhouse, high-speed internet, health services such as a spa and beauty salons, as well as security and maintenance services, daily unit cleaning, and room service.
He further pointed out that the project boasts stunning sea views of the Mediterranean, a modern design, high-end amenities, and a strategic location close to key tourist and entertainment areas.
He disclosed that the launch of this project comes in light of the company’s strong successes and outstanding track record. Toledo Development has successfully executed multiple projects in both Saudi Arabia and Egypt.
Among these projects is Gardenia City Walk Mall, which hosts top global brands and provides an exceptional shopping experience, in addition to other commercial centers such as Al-Tamimi Markets in Riyadh.
Moreover, the company has successfully delivered residential units to more than 500 clients in its projects in New Cairo, reflecting the company’s commitment to providing the highest quality standards and adhering to delivery deadlines.
“These projects reflect the company’s strong expertise in a diverse range of developments, including residential and commercial projects in both the Egyptian and Saudi markets,” he said. “The company has succeeded in gaining customer satisfaction through delivering high-quality projects on time, which enhances its credibility and the trust clients have in it.”
Hammam explained that the company’s extensive experience, robust financial position, and strategic vision all reinforce its expansion plans for the upcoming period. The focus will be on executing projects in several new cities, including New Cairo, the Fifth Settlement, and the North Coast.
The company aims to prioritize the development of residential and commercial projects, along with investments in environmentally sustainable initiatives, such as incorporating solar energy in future projects, as well as investing in recreational facilities and commercial properties, he concluded.
