realestate

Mountain View Picks Otis for Egyptian Real Estate Projects

PRNewswire: Otis (NYSE: OTIS), world’s leading elevator and escalator manufacturer, will provide and install 265 Otis...

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tis (NYSE: OTIS), the world’s leading elevator and escalator manufacturer, will supply and install 265 Gen2® Prime elevators for Mountain View Real Estate Development’s new residential compounds. The installations cover the Mountain View 1.1 extension in New Cairo, Mountain View iCity in New Cairo, and iCity in 6th of October City.

    Mountain View, founded in 2005, specializes in integrated urban communities that prioritize happiness and innovation. The company has delivered more than 20 projects across Cairo and the Red Sea coast, and in 2024 launched Mountain View KSA in partnership with Maya and Al Saedan Real Estate Companies.

    “Otis’s advanced elevator technology complements Mountain View’s sustainable, futuristic vision,” said Gabriele Agostini, Otis Managing Director for Egypt. “The Gen2® Prime’s energy‑efficient, space‑saving design will support these mixed‑use developments and help shape Egypt’s real‑estate landscape.”

    Maged Moubarak, Mountain View’s Chief Projects Officer, added, “Our communities focus on happiness and a sense of home. With Otis’s reliable, cutting‑edge elevators, we elevate living standards and bring world‑class technology to our projects.”

    Each elevator will feature 4‑to‑7 stops, stainless‑steel finishes on doors and cabins, and a sleek, modern aesthetic that complements the building design. For more information, visit www.otis.com.

    About Otis

    Otis empowers people to connect and thrive in a taller, faster, smarter world. The company moves 2.4 billion people daily and maintains 2.4 million customer units worldwide. Headquartered in Connecticut, USA, Otis employs 72,000 people, including 44,000 field professionals, across more than 200 countries. Learn more at www.otis.com and follow us on LinkedIn, YouTube, Instagram, and Facebook @OtisElevatorCo.

    About Mountain View

    Mountain View creates integrated urban communities that bring life to land and spread happiness. With a mission to build meaningful, joyful communities, the company has delivered over 20 distinctive projects in West Cairo, East Cairo, and coastal areas. For details, visit www.mountainviewegypt.com and follow us on LinkedIn, Instagram, and Facebook.

    Contacts

    Otis: Ipek Akyildiz, Communications Manager – [email protected]

    Mountain View: Riham Saleh, Corporate Communications Sr. Manager – [email protected] – +20 100 277 7271

    Source: Otis Worldwide Corporation.

Mountain View selects Otis for Egyptian real estate development projects.