Key Information About La Verde Developments La Verde Developments entered the Egyptian market in...
Key Information About La Verde Developments
La Verde Developments entered the Egyptian market in 2017, focusing from the beginning on residential, commercial, and tourism projects in fast-growing new destinations. Its activity started in the R8 district of the New Administrative Capital before expanding to Sidi Abdel Rahman on the North Coast, reflecting a measured shift from permanent residential development to seasonal and tourism investment within less than a decade.
La Verde Developments has a known portfolio of four main projects, including three developments in the New Administrative Capital and one on the North Coast. La Verde New Capital covers 35 acres, La Verde Cassette extends across 60 acres, while the first phase of Praia View covers 50 acres.
La Verde Developments follows a planning approach based on reducing building density and increasing the share of gardens, water features, and services. The company does not repeat one development model, moving instead between residential, commercial, and tourism projects with different architectural styles. Its competitive strength is linked to location and space distribution, although an accurate assessment still depends on monitoring construction progress and actual handover performance rather than relying only on marketing commitments.
About La Verde Developments
La Verde Developments was established in 2017 as an Egyptian joint-stock company operating in investment, planning, construction, and urban community development. Engineer Ibrahim Lashin serves as Chairman, while some sources mention Naglaa Tahoun as Vice Chairman. Its commonly listed headquarters is located on El Nasr Road in Sheraton Al Matar, while no verified figure for its capital or market value has been publicly disclosed.
History and Development of La Verde Developments
La Verde Developments began its journey in the R8 district of the New Administrative Capital, launching La Verde New Capital across 35 acres, followed by La Verde Cassette across 60 acres and La Puerta Mall for commercial and administrative activities. The company later expanded to Sidi Abdel Rahman through Praia View. Its growth moved within a few years from a limited residential project to a portfolio covering multiple uses and locations.
Vision and Mission of La Verde Developments
The vision of La Verde Developments is based on creating communities with lower construction ratios, larger natural areas, and greater privacy. The company aims to improve construction quality, select locations with growth potential, deliver architecture with a clear identity, and support sustainability and infrastructure. The available figures show that open space is treated as an investment factor rather than only a visual feature within each project.
- The company allocated around 80% of La Verde New Capital to open areas and services, with a building ratio of approximately 20%. This distribution reduces density, increases the potential for open views, and provides a practical indication of the expected level of privacy after construction is completed.
- In La Verde Cassette, approximately 10% of the total project area was allocated to buildings, according to available information, while the remaining area was dedicated to gardens, walkways, and facilities. This planning decision may support a quieter environment and reduce pressure on shared spaces at full occupancy.
- La Verde Developments partnered with Pillars Construction to execute the second phase of La Verde New Capital. This separates development from specialised construction work and gives buyers a clear reference point when assessing build quality and on-site progress.
La Verde Developments Projects
The portfolio of La Verde Developments includes four known projects distributed between the New Administrative Capital and the North Coast. This range reflects the company’s transition from residential development to commercial and tourism activities since its establishment in 2017.
- La Verde New Capital.
- La Verde Cassette New Capital.
- La Puerta New Capital Mall.
- Praia View North Coast.