Rock Developments has signed a cooperation agreement with JLL to provide management services for Rock Capital 1, the largest administrative landmark in the Government District of the New Administrative Capital. Under this agreement, JLL will manage the building and deliver an exceptional experience. This marks the second agreement between Rock Developments and JLL, following their successful collaboration in managing Rock Gold Mall – the first mall dedicated to gold and beauty in New Cairo – as part of the company’s strategy to enhance the investment value of its commercial projects.
The agreement was signed by Engineer Bishoy Doss, Board Member of Rock Developments, and Ayman Sami, Country Head of JLL Egypt, on Monday, March 3, in the presence of Engineer Emad Doss, CEO of Rock Developments; Dr. Samir El Bennany, Chief Commercial Officer of Rock Developments; Mohamed Bassiouny, Senior Property Management Director at JLL Egypt; and Mohamed Gamal, Facilities Management Director at JLL Dubai.
Engineer Bishoy Doss stated that this cooperation is part of the company’s plan to deliver exceptional management services for Rock Capital 1 and its commercial and administrative projects. This ensures the best possible experience for visitors as well as unit owners, maximizing their return on investment and enhancing the overall value of the company’s commercial assets.
He added that the agreement aims to develop and manage a number of commercial projects established by Rock Developments in strategic locations, led by Rock Capital 1 in the New Administrative Capital, which represents one of the company’s largest investments with a value of EGP 3 billion.
Through this cooperation, JLL Egypt seeks to expand its commercial project management services and strengthen its presence in the Egyptian market. Under the terms of the agreement, JLL will be responsible for daily operations management in addition to providing a range of integrated services, including managing security, cleaning, maintenance, and marketing service providers. This will create an ideal working environment for employees, delivering an exceptional experience that boosts productivity and supports both employees and employers in growth and success.
Bishoy Doss noted that JLL Egypt has extensive experience in managing commercial properties, and Rock Developments is confident that this partnership will raise the standard of services provided in its commercial projects, further enhancing their value as investment and commercial hubs.
Ayman Sami, Country Head of JLL Egypt, said: “We are proud to sign this agreement with Rock Developments, and we look forward to delivering our expertise to ensure the success of these projects and the satisfaction of both clients and investors. Rock Developments’ projects have unique features that make them highly attractive to customers.”
Rock Capital 1 is the largest administrative building in the Government District, located directly opposite the Presidential Palace in the New Administrative Capital. The project aims to set a new benchmark for work, leisure, and living, offering both luxury and efficiency.
JLL is one of the leading real estate and hospitality services companies in the Middle East and Africa, operating in 35 countries across the region with more than 2,000 internationally qualified professionals. Its offices are located in Dubai, Abu Dhabi, Riyadh, Jeddah, Al Khobar, Cairo, Casablanca, Cape Town, Johannesburg, and Nairobi.
Rock Developments has a track record spanning 45 years and was among the first real estate developers to expand beyond Egypt, specifically into the Canadian market. In Egypt, the company has delivered a range of distinguished projects under the “Rock” brand across East and West Cairo, including Rock Eden in 6th of October City, Rock Ville in Obour, Rock Vera in New Cairo, Rock Capital in the New Administrative Capital, Rock White in New Heliopolis, and Rock Yard in Sheraton.
Source: Elamwal