NAEEM Real Estate Holding Group
NAEEM Real Estate- NAEEM Holding’s real estate investment vehicle- is a publicly listed company on the Egyptian Stock Exchange with a paid up capital of 638 million EGP.
NAEEM Real Estate current investments include:
Approximately 0.52 million m2 of land plots in Giza and Marsa Alam suited for business parks and touristic projects in addition to 11,200 m2 of BUA in Smart Village, one of the most prestigious office parks in Egypt and the Middle East.
NAEEM Developments. Real Estate Investment Company
NAEEM Developments, a subsidiary of NAEEM Holding and established in 2009, is a leading real estate developer focused on delivering premium business and commercial facilities.
With a land bank of 25,000 m² in Smart Village, the company is developing a world-class integrated business and service park over two phases—featuring 13 buildings, 120,000 m² of built-up area, and 45,000 m² of landscaped greenery, with a total CAPEX of $150 million.
NAEEM Developments is dedicated to exceeding tenant and investor expectations through cutting-edge design, sophisticated execution, and an unwavering commitment to quality.
Mission
The Company Mission is to provide the high standard class A Office Buildings where economy meets efficiency and aesthetical beauty. For the shareholders, our mission is to provide profitable returns to the shareholders and to reward our clients through sound performance driven by the delivery of innovative investment products in the real estate office sector and advisory services of high quality. These product are being delivered through an operating culture based on the highest levels of efficiency. The primary objective of the Company is to provide the shareholders with long term income generation and capital appreciation through investing in scarce Class A Office Spaces in Cairo.
Vision
Our vision is to be a leading developer in the class A-Office Real Estate Sector in Greater Cairo through a unique position at Smart Village Office Park as a starting point.
Facts and Figures
- NAEEM Developmentshas more than 12 years of experience in commercial real estate.
- Our paid-up capital reaches 557 million EGP.
- Our Investment Value reaches 600 million EGP.
- Our main shareholders are: Reacap 68% ,Bank Misr 12.11% ,EL Ahly united 4.84%, Export Development Bank of Egypt 12.11% and Naeem Development (offshore company) 2.46%.
- By 2018, SVREICO has developed 7 commercial buildings inside Smart Village.
- NAEEM Developments is the first to introduce the “business park” concept inside Smart Village.
- NAEEM Developments has sold more than 100 Offices so far, to a mix of multinational corporates and small to medium enterprises.
- More than 500 Employees worked on NAEEM Developments projects.