DEVELOPING WITH VALUE
OUR STORY BEGAN OVER 25 YEARS AGO WHEN MR. MANSOUR AMER FOUNDED AMER GROUP BASED ON THE CORE VALUES OF HIS FAMILY: "CHARACTER, COURAGE & INTEGRITY".
TODAY, AMER GROUP CONTINUES TO ENSURE COMMITMENT TO THOSE VALUES, WHILE RAISING THE STANDARDS FOR INNOVATION, OUTSTANDING DESIGN, QUALITY & SUPERIOR MARKET VALUE.
"DEVELOPING WITH VALUE" IS THE MOTTO OF OUR GROUP. MR. AMER & HIS TEAM OF REAL ESTATE, RESTAURATEUR AND HOTELING PROFESSIONALS SET OUT TO CREATE NEW BENCHMARKS IN EGYPT'S MIXED-USE, FAMILY-ORIENTATED RESORT DESTINATION MARKET: ALWAYS PLANNING AHEAD FOR THE FUTURE NEEDS OF OUR CLIENTS WHILE ANTICIPATING SURROUNDING MARKET CONDITIONS.
Amer Group is a leading real estate developer, offering mixed-use, family oriented destinations. Amer has diversified businesses in the primary and secondary homes market, as well as hotels, shopping malls and restaurants.
Important facts about us:
-Listing: December 2010.
- Ticker: Bloomberg: AMER EY | Reuters: AMER | EGX: AMER.
-Market Cap: EGP2.06 billion/USD338.2 million (FY 2012).
-Revenues: FY2012 EGP1,156 million (USD232 mn) |FY11 EGP1,048 mn (USD173 mn) |FY10 EGP1,548 mn (USD256 mn).
-Contractual Sales & Offer: FY2012: 1,426 units | FY11: 1,639 units | FY10: 1,298 units.
-Units Delivered Q3 2012: : FY2012: 943 units | FY11: 1,234 units | FY10: 1,885 units.
-Backlog^ : EGP 3.582 billion (to be delivered in the coming three years); PVC 0.536 billion (over ten years) – Total Backlog EGP 4.1 billion.
-Real Estate Portfolio ^ :9 current projects (including one in Syria) with total land area of 7.5 million sqm - Six upcoming projects with total BUA of 2.7 million sqm.
-Hotels ^:5 operational hotels in Egypt with 919 keys with total revenues of EGP 67 mn.
-Restaurants ^: 6 brands, 59 restaurants with 9,696 seats with total revenues of EGP 214 mn.
-Meeting point malls ^: 5 meeting point malls in Egypt with GLA of 52,087 sqm.
-New Ventures: : Porto Vacation Club (PVC).
-Shareholding ^: Sol Global Holding Limited (35.2%), Amer Wakf Limited (23.7%), Mansour Abd El Meguid Mansour Amer (11.9%), Mohamed Al Amin Ragab Ahmed Gomaa (6.8%), Fineby Estates limited (3.8%), Free Float (18.9%).
Amer Group is a leading real estate developer, offering mixed-use, family oriented destinations. Amer has diversified businesses in the primary and secondary homes market, as well as hotels, shopping malls and restaurants.
Important facts about us:
Listing: December 2010
Ticker: Bloomberg: AMER EY | Reuters: AMER | EGX: AMER
Market Cap: EGP2.06 billion/USD338.2 million (FY 2012)
Revenues: FY2012 EGP1,156 million (USD232 mn) |FY11 EGP1,048 mn (USD173 mn) |FY10 EGP1,548 mn (USD256 mn)
Amer Group is a leading real estate developer, offering mixed-use, family oriented destinations. Amer has diversified businesses in the primary and secondary homes market, as well as hotels, shopping malls and restaurants.
Important facts about us:
-Listing: December 2010.
- Ticker: Bloomberg: AMER EY | Reuters: AMER | EGX: AMER.
-Market Cap: EGP2.06 billion/USD338.2 million (FY 2012).
-Revenues: FY2012 EGP1,156 million (USD232 mn) |FY11 EGP1,048 mn (USD173 mn) |FY10 EGP1,548 mn (USD256 mn).
-Contractual Sales & Offer: FY2012: 1,426 units | FY11: 1,639 units | FY10: 1,298 units.
-Units Delivered Q3 2012: : FY2012: 943 units | FY11: 1,234 units | FY10: 1,885 units.
-Backlog^ : EGP 3.582 billion (to be delivered in the coming three years); PVC 0.536 billion (over ten years) – Total Backlog EGP 4.1 billion.
-Real Estate Portfolio ^ :9 current projects (including one in Syria) with total land area of 7.5 million sqm - Six upcoming projects with total BUA of 2.7 million sqm.
-Hotels ^:5 operational hotels in Egypt with 919 keys with total revenues of EGP 67 mn.
-Restaurants ^: 6 brands, 59 restaurants with 9,696 seats with total revenues of EGP 214 mn.
-Meeting point malls ^: 5 meeting point malls in Egypt with GLA of 52,087 sqm.
-New Ventures: : Porto Vacation Club (PVC).
-Shareholding ^: Sol Global Holding Limited (35.2%), Amer Wakf Limited (23.7%), Mansour Abd El Meguid Mansour Amer (11.9%), Mohamed Al Amin Ragab Ahmed Gomaa (6.8%), Fineby Estates limited (3.8%), Free Float (18.9%).
Founder, Chairman & CEO
- Founder, Chairman and CEO.
- Started in real estate development in 1989 , entrepreneur in different sectors.
- created Porto world Concept.
- Believed to be the first entrepreneur to introduce full service dining chains in the Middle East.
Non-Executive Vice-Chairman
CEO, Property Investments
Chief Financial Officer
CEO, Porto Vacation Club
CEO, Restaurants
Human Resources Officer
Chief Technology Officer
AMER GROUP EMPHASIZES SHARIA’A COMPLIANCE IN THE OPERATIONS OF ITS BUSINESSES. IN PARTICULAR, THE GROUP INTENDS TO CONTINUE ITS PRACTICE OF NOT SERVING ALCOHOL OR PERMITTING GAMBLING FACILITIES, BARS, PUBS, OR DISCOTHEQUES IN ITS DEVELOPMENTS.
OUR MANAGEMENT TEAM BELIEVES THAT SUCH RESTRICTIONS CREATE A SHARIA’A FRIENDLY ATMOSPHERE FOR FAMILIES. THIS IS A CONDUCIVE ENVIRONMENT THAT ATTRACTS CUSTOMERS WHO SEEK HOTELS, ENTERTAINMENT AND DINING OPTIONS THAT RESPECT THEIR OWN VALUES AND CULTURE IN MARKETS WHERE THE GROUP OPERATES OR INTENDS TO OPERATE ITS VARIOUS PORTO WORLD DEVELOPMENTS. AMER GROUP’S COMMITMENT TO SHARIA’A COMPLIANCY FAVORABLY DISTINGUISHES ITSELF AMONG ITS TARGET CUSTOMERS FROM OTHER DEVELOPERS OPERATING IN THE MENA REGION.
Amer Group won the Gold Award for Best Developer, in Egypt, at the OPP Awards for Excellence in 2010.
Nile City earned its Certificate of Appreciation for its World Tourism Day in 2009.
In 2008, CEO of Amer Group, Mansour Amer, was honored by the Prime Minister at the Economic Forum.
CEO of Amer Group, Mansour Amer, was dubbed the "Pioneer of Tourism Development," due to his achievements and efforts in 1997 and in 2007.
This award went to Porto Marina in 2007, acknowledging its unique structure and design.
This awards went to Porto Sokhna Hotel and Chilis restaurants in 2011.
The restaurant earned the International Grand Prix Leader in Prestige and Quality, in Madrid, during the year 1999.
