Urbnlanes, a leading real estate company and Savills, one of the leading property consultants globally, have signed an exclusive strategic consultancy and design review agreement for all of Urbnlanes’ projects, Levels, Eastlane and their yet to be launched project. The signing ceremony was attended by Fadi Emeel Abdalla, CEO Urbnlanes, Shadi Emeel Abdalla, COO Urbnlanes and Hamed Fattouh, urbnlanes’ general manager and Catesby Langer-Paget, Head of Savills Egypt, along with Zeinab Adel, Head of strategic consultancy and Omar Abdel Aziz, Head of project management.
While Urbnlanes only launched its operation in Egypt earlier this year, the company has expanded massively by taking three mega projects located in the New Administrative Capital and New Cairo’s Fifth Settlement, with a total investment of 11 billion Egyptian Pounds. The company is also studying their future steps carefully and are ready to take on any new projects that fits their vision.
Urbnlanes’ Chief executive officer, Fadi Emeel Abdalla commented: “The protocol we signed with Savills aims to benefit from its advisory services, and it is part of the company’s plan to develop its vision of the real estate market, as well as develop the performance of its platforms and promote the concept of modern and integrated construction. This agreement is a quantum leap towards achieving the company’s strategy of expansion and the use of specialists and experts to provide integrated solutions and efficient management of our projects.”
Savills aims to provide a market study, tenant mix and leasing strategy to all three Urbnlanes’ projects, Levels, Eastlane and their yet to be launched project in North 90 street, New Cairo. Savills will be offering Urbnlanes suggested leasing terms for all their commercial units. In addition, Savills will be providing their design review services, to assure layout efficiency and accessibility, along with site wide services, amenities, and facilities recommendations.
Head of Savills Egypt, Catesby Langer-Paget also commented: “We are happy to be selected as the exclusive property consultant for Urbnlanes’ projects in Egypt. Based on our extensive experience in the real estate market whether locally, regionally or globally, we are confident that Savills services will provide extensive value to Urbnlanes projects.”
About Urbnlanes
Urbnlanes is a real estate development company, that operates under the umbrella of “Emeel Abdalla Investments”. With projects all over the Middle East, it is a company built on diversity and numerous years of experience in the field of real estate development.
From the early beginnings, back in Kuwait in 1994, Urbnlanes’ devotion and dedication have never changed. they have prospered and thrived, three decades of commitment to the deals and promises we have made to their clients, taking the real estate market by storm with more than 100 projects. Now they are one of the Middle East’s largest real estate companies, with an immense number of projects and successes. First Group has started our legacy in Kuwait, and now they are continuing it in Egypt.
Their success stories lie in their choice to apply the latest technologies, so they can make architectural dreams come true. With their vast knowledge and experience in the field of development, they deliver the utmost results for our clients. Needless to say, they are adhered to delivering the highest quality projects within the budget while delivering ahead of schedule.
About Savills
Savills plc is a global real estate services provider listed on the London Stock Exchange. With a presence in the Middle East for over 40 years, Savills offers an extensive range of specialist advisory, management and transactional services across the United Arab Emirates, Oman, Bahrain, Egypt and Saudi Arabia. Expertise includes property management, residential and commercial agency services, property and business assets valuation, and investment and development advisory. Originally founded in the UK in 1855, Savills has an international network of over 700 offices and associates employing over 40,000 people across the Americas, UK, Europe, Asia Pacific, Africa and the Middle East.
About Savills Egypt
Since its launch in 2019, Savills Egypt has quadrupled in size, with over 120 employees to date. Savills brings the Egyptian market a wide range of specialist services from financial and investment advice to valuation, planning, strategic consulting, executing and property management as well as marketing and corporate services. Savills Egypt is a consultant for the largest real estate developers across the country.
For more information, please visit www.savills.com.eg.