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Eng. Ahmed El Fayoumi, Chairman of Kian Real Estate Management Company, said that the first project of the new entity K Developments is the “Palencia El Shorouk” compound, which is a fully-serviced residential community in Shorouk City, with a Spanish character and international specifications. He explained that the engineering and architectural consulting work for the project was assigned to YBA Company, affiliated with the famous architect Dr. Yasser El Beltagy, who is distinguished by his designs that combine beauty and innovation, as the company aims to implement an innovative project in which the elements of success are integrated.

Eng. Omar Al-Fayoumi, CEO of Kayan Real Estate Asset Management Company, revealed in his speech during the celebration the most prominent features of the company’s future plan during 2025, through which it aims to maintain a leading position in the Egyptian real estate market, as well as maintain the spirit of cooperation that brings together the company’s employees while supporting and enhancing the company’s credibility and the trust of its customers in it by committing to fulfilling its promises to its customers.

He pointed out that the company's plan for 2025 begins with the launch of the new brand K Developments, which will specialize in implementing integrated and gated residential community projects, while Kian Real Estate Asset Management Company remains concerned with separate building projects in the Delta and New Cairo, which ensures maintaining specialization and excellence in the projects implemented by both companies.

For his part, Karim Toubia, the company’s Sales Sector Manager, added that the “Valencia El Shorouk” project is distinguished by a large number of elements that guarantee its successful competition in Shorouk City. The project is located in a strategic location in Shorouk City, and an engineering design has been developed that achieves the best use of the project area with a wonderful aesthetic appearance for the project, noting that the project is being sold according to a gradual plan based on reaching targeted customers and those looking for distinctive units in an integrated residential project.

He praised the level of distinction of the project from others in terms of form or content, and revealed the most prominent features of his plan to sell the project during 2025, based on comprehensive market studies that enable reaching the targeted customers, and at the same time achieve the best targeted sales for the company, pointing out the importance of market studies and continuous follow-up of market variables to achieve a successful sales plan.