Livingyards Partners With KONE for Elevators Across Projects

Egypt-based developer Livingyards appoints United Elevators, KONE’s authorised Middle East partner, to supply and install elevators and escalators across its six real estate projects, strengthening operational efficiency and building quality.

Egyptian real estate developer Livingyards has signed an agreement with United Elevators, the authorised Middle East partner of global elevator and escalator manufacturer KONE, to supply and install vertical transportation systems across its real estate projects. The partnership aims to improve building operations, ensure construction timelines and enhance the experience of residents and visitors.

The agreement forms part of Livingyards’ strategy to integrate advanced technical and operational solutions into its residential, commercial, administrative and service developments. By securing elevators and escalators as long-lead project components, the company seeks to coordinate procurement with construction schedules, support execution quality and improve operational efficiency.

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The collaboration also reflects the developer’s approach to real estate development, which extends beyond architectural design and construction to include building safety, reliability, internal mobility and user experience. The systems will be selected and integrated according to the technical and operational requirements of individual projects.

One of the developments covered by Livingyards’ project portfolio is NOIR, located on South 90th Street in New Cairo, with investments of approximately EGP 1.5 billion. The project is part of a wider portfolio that includes residential, commercial, administrative, medical, entertainment and hospitality developments.

Ayman Marzouk, Chairman of Livingyards and AM Group, says partnerships with specialised companies provide access to advanced technical expertise, helping improve project quality and operational efficiency while creating additional value for customers and investors.

Abdallah Lotfy, Managing Director of Livingyards, highlights the importance of integrating technical and operational systems into modern developments. He says the company follows a human-centred urban development approach that places the needs of residents and visitors at the core of planning and execution.

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Livingyards' portfolio comprises six projects distributed across the New Administrative Capital, East Cairo and West Cairo, with total investments exceeding EGP 30 billion. The company operates as the real estate arm of AM Group, which has more than 30 years of experience across the Egyptian and Middle Eastern markets.

Established in 2018, Livingyards focuses on developing integrated urban communities across multiple property segments. The agreement with United Elevators supports its broader expansion strategy and strengthens the technical infrastructure of its developments.