Engineer Wael Ezz

Mountain View makes 14 billion pounds of contract sales in 9 months, up 220% from last year

Mountain View Real Estate Investment Company announced contract sales of 14 billion pounds during the period from January to September 2021, compared to 6.4 billion pounds in sales during the same period last year with a growth rate of 220%, so "Mountain View" will continue its progress in the first positions among Real Estate development companies In Egypt in terms of sales in 2021, surpassing the repercussions of the emerging Corona virus pandemic.

Sales were made among the company’s diverse portfolio of projects, with the i-City project leading the Fifth Settlement with a total sales value of EGP 7 billion in its multiple stages, Lagoon Park, Mountain Park and its exclusive and innovative product iVilla, followed by the Mountain View Ras El Hekma project, which achieved sales value of 4 billion pounds in Skala stage, to become one of the largest project in the North Coast by sales in 2021.

In West Cairo, the iCity October project achieved contractual sales of EGP 2 billion in the Mountain View Park phase of the second district, “The Lake.” This is in addition to the administrative project Heartwork in i-City Fifth Settlement, which achieved a sales value of one billion pounds in the HQ500 phase, to present a new and distinct concept in the work environment.

"We are proud of our success in this year. The sales volume during the first 9 months of 2021 reached a value of 14 billion pounds and we aspire to achieve 15 billion pounds by the end of 2021," said Engineer Wael Ezz, commercial CEO of Mountain View Real Estate Investment.

Engineer Wael Lotfi

"The Mountain View strategy is based on achieving added value for the customer, through creativity in design and quality in implementation while using global partnerships and experiences to provide integrated and distinguished services while applying the concept of happiness science in the company's projects, and therefore we get the trust of customers, and support our center among the major real estate development companies In Egypt and the Arab world.", Said Engineer - Wael Lotfi, Managing Director and Head of Innovation and Marketing at Mountain View Real Estate Investment Company.

Mountain view Real Estate Investment Company aims to continue the company's sales growth during the last quarter of this year from October to December to exceed the sales target of 15 billion pounds during the year 2021, in light of the improvement of the real estate market, and the high demand from customers on the company's diversified portfolio east and west Cairo and coastal projects, in addition to the company's commitment to deliver units on time with the best quality in design and implementation.

It is worth noting that Mountain View has worked to speed up the development of the company's various projects, through massive investments worth 5.8 billion pounds for contracting companies to develop an area of one million and 870 thousand square meters of buildings, and it is planned to complete 780 thousand square meters of residential buildings during the current year, which vary between complete and half finishing units In addition to service and recreational areas and infrastructure works Wallandscape.