Times Developments Company Profile

Background

Company Overview

Times Developments is a boutique real estate developer established in 2022, making a significant impact on Egypt's real estate market. The company has developed nearly 300,000 square meters across three mixed-use projects, focusing on delivering high-quality luxury developments in prime locations such as New Cairo's Golden Square and the North Coast.

Mission and Vision

The company's mission is to create better lives and raise the standard of living for each client by executing projects at the highest level. Its vision is to leave a footprint on the luxury boutique development market, building refined lifestyles hand-in-hand with clients.

Industry Significance

Times Developments has quickly established itself as a key player in Egypt's real estate sector, known for its commitment to quality, innovation, and customer satisfaction. The company's focus on mixed-use developments in strategic locations has contributed to the evolution of modern living spaces in Egypt.

Key Strategic Focus

Core Objectives

Quality and Excellence: Emphasizing high standards in construction and design to ensure customer satisfaction.

Innovation: Incorporating modern architectural designs and sustainable practices in all projects.

Customer-Centric Approach: Engaging with clients to understand their needs and preferences, ensuring developments align with market demands.

Areas of Specialization

Mixed-Use Developments: Creating integrated communities that combine residential, commercial, and recreational spaces.

Luxury Living Spaces: Developing high-end residential units with modern amenities.

Sustainable Design: Implementing eco-friendly practices and technologies in construction and design.

Key Technologies Utilized

Smart Home Integration: Incorporating advanced technologies for enhanced living experiences.

Sustainable Materials: Utilizing eco-friendly materials to promote environmental sustainability.

Energy-Efficient Systems: Implementing systems that reduce energy consumption and operational costs.

Primary Markets Targeted

New Cairo's Golden Square: A prime location for luxury developments.

Sheikh Zayed City: Targeting both residential and commercial sectors.

North Coast: Developing high-end residential units with scenic views.

Financials and Funding

Funding History

Times Developments has demonstrated a strong financial position through substantial investments in its projects. The company has committed significant capital to developments such as the Avelin project, with investments exceeding 10 billion EGP.

Recent Funding Rounds

While specific details of recent funding rounds are not publicly disclosed, the company's ongoing projects and strategic partnerships indicate a robust financial backing.

Notable Investors

The company has attracted investments from various stakeholders, including private investors and strategic partners, contributing to its growth and expansion.

Utilization of Capital

Project Development: Funding the construction and completion of ongoing projects like Avelin and T.Hub.

Land Acquisition: Expanding the company's land portfolio for future developments.

Technological Integration: Investing in smart home technologies and sustainable building practices.

Pipeline Development

Key Pipeline Candidates

Avelin Project: A 26-acre integrated residential community in New Cairo, featuring residential, commercial, administrative, and medical units. The first phase has seen significant investment, with construction progressing on schedule.

T.Hub Project: A commercial and administrative development in the Fifth Settlement, covering 10,600 square meters. The project includes multiple buildings with various units, aiming to become a new icon in commercial projects in New Cairo.

Stages of Development

Avelin Project: Construction is ongoing, with the first phase nearing completion.

T.Hub Project: Construction has commenced, with plans to accelerate the pace of work to meet delivery timelines.

Target Conditions

Avelin Project: Designed to provide a distinguished environment with various services, including dining areas, landscaped spaces, and swimming pools.

T.Hub Project: Aims to offer an integrated experience combining modern design with efficient management, featuring restaurants, cafes, and advanced security systems.

Anticipated Milestones

Avelin Project: Expected to be delivered by 2027.

T.Hub Project: Set to become a new commercial and administrative icon in New Cairo upon completion.

Technological Platform and Innovation

Proprietary Technologies

Smart Energy Distribution Systems: Implemented in developments like Avelin to optimize power usage.

Sustainable Energy Integration: Incorporating renewable energy sources to reduce environmental impact.

High-Tech Automation: Enhancing safety and convenience through advanced automation systems.

Significant Scientific Methods

Sustainable Design Practices: Utilizing eco-friendly materials and energy-efficient systems in construction.

Smart Home Integration: Incorporating advanced technologies for enhanced living experiences.

Leadership Team

Key Executives

Ahmed El-Sergany: CEO of Times Developments, leading the company's strategic direction and overseeing project development.

Professional Backgrounds

Ahmed El-Sergany: With extensive experience in the real estate sector, El-Sergany has been instrumental in driving the company's growth and establishing its presence in the market.

Key Contributions

Strategic Vision: El-Sergany has been pivotal in formulating and executing the company's expansion plans.

Project Oversight: Ensuring the successful development and timely delivery of key projects.

Market and Competitor Profile

Market Insights and Dynamics

The Egyptian real estate market is experiencing significant growth, with increasing demand for luxury and mixed-use developments. Times Developments' focus on high-quality, integrated communities positions it well to capitalize on this trend.

Competitor Analysis

Orascom Development Egypt: A leading developer with a diverse portfolio of residential and commercial projects.

Emaar Misr: Known for large-scale developments and luxury residential communities.

Avenues Real Estate: Specializes in mixed-use developments and commercial spaces.

Coldwell Banker Egypt: Offers a range of real estate services, including development and brokerage.

Strategic Collaborations and Partnerships

ABB Partnership: Collaborated with ABB to enhance the electrical infrastructure of developments like Avelin and Aster, integrating smart energy distribution systems and sustainable energy solutions.

Operational Insights

Times Developments differentiates itself through its commitment to quality, innovation, and customer satisfaction. The company's focus on mixed-use developments in prime locations, coupled with strategic partnerships, strengthens its market position and competitive edge.

Strategic Opportunities and Future Directions

Strategic Roadmap

Expansion Plans: Continuing to develop integrated urban communities in high-demand areas.

Sustainability Initiatives: Incorporating green building practices and renewable energy sources in future projects.

Technological Integration: Enhancing smart home features and automation systems to improve resident experiences.

Future Business Directions

Diversification: Exploring new market segments and project types to broaden the company's portfolio.

International Expansion: Assessing opportunities to extend operations beyond Egypt to regional markets.

Opportunities for Expansion

New Cairo Developments: Leveraging the growing demand for luxury living spaces in New Cairo's Golden Square.

North Coast Projects: Capitalizing on the popularity of coastal developments for high-end residential units.

Positioning for Future Objectives

Times Developments' focus on quality, innovation, and customer-centric approaches positions it well to achieve its future objectives and maintain a strong presence in the real estate market.