STM Developments is an Egyptian real estate development and investment entity also appearing in the market under STM Investment and Space Tank Management. The company is active in residential and investment-led real estate, with a clear presence in New Cairo and East Cairo and a growing partnership model with major developers such as Mountain View, La Vista Developments, and IL Cazar.
Market material describe STM as an Egyptian joint-stock company with activity beyond real estate, including education, technology, sports, and facility management. In property development, its name is currently connected with Mayan New Cairo and Eleven Residence, as well as strategic collaborations in major projects such as Grand Valleys in Kayan City and La Vista City in the New Administrative Capital.
STM Developments History and Foundation
No direct official material reviewed publishes a verified founding year for STM Developments. Some market platforms refer to long executive and engineering experience behind the group, but without a direct company material this should not be treated as a confirmed founding date. For that reason, the founding-year field is left blank and the profile focuses on verifiable projects, partnerships, leadership mentions, and public market activity.
The company is associated with a management team that includes Eng. Shady Selim as CEO of STM and Abdel Rahman El-Gohary as Chairperson and Managing Director of STM Investment, according to market platforms and real estate press. This team has positioned STM around alliances with established developers, fast execution, strong locations, finished or near-delivery products, and flexible payment structures.
Key STM Developments Projects
STM’s portfolio combines direct residential projects and partnership-based developments, giving the company exposure to several high-demand areas in Greater Cairo.
Residential Projects in New Cairo
- Mayan New Cairo – a residential project by STM Developments in New Cairo’s Fifth Settlement, positioned around the Cairo-Suez Road and Mohamed Naguib Axis area. Property Finder lists Mayan as an apartment project with expected completion in December 2027 and amenities including security, kids area, garage, cycle track, and retail facilities.
- Eleven Residence – a New Cairo residential project by STM Developments, located directly on South 90th Street opposite Gate 1 of the American University in Cairo. Property Finder lists two- and three-bedroom apartments and a 2027 delivery date.
Partnership Projects and Alliances
- Grand Valleys in Kayan City – a partnership between Mountain View and STM Investment to develop a 500-feddan residential community in East Cairo, featuring more than 1,200 ready-to-move-in villas according to Zawya’s March 2025 press release.
- La Vista City – an MoU between STM Investment and La Vista Developments covering the marketing and development of La Vista City in the New Administrative Capital, a 910-feddan project according to Invest-Gate.
- Stoda in East Cairo – a partnership with IL Cazar Development mentioned by Daily News Egypt as the first of several planned projects between the two companies.
STM Developments Facts and Figures
Several figures are publicly available for individual projects and partnerships, but no verified public total is available for all delivered units across STM’s portfolio. Therefore, the delivered-units field is not filled as a company-wide number.
| Founded | Not confirmed by a direct official material |
| Delivered units | No verified public company-wide total is available |
| Main areas | New Cairo, East Cairo, New Administrative Capital |
| Direct projects | Mayan New Cairo, Eleven Residence |
| Key partners | Mountain View, La Vista Developments, IL Cazar, Hassan Allam Properties, LMD |
| Kayan City partnership | 500 feddans and more than 1,200 ready-to-move-in villas |
| La Vista City | 910 feddans in the New Administrative Capital |
STM Developments Vision and Specialties
STM’s positioning is based on investing in sectors that support economic and urban growth, while using planning and professional execution to create long-term real estate value. Rather than operating only as a traditional single-project developer, STM is presented as a platform combining development, investment, marketing, and strategic partnerships.
- Residential development: apartments and villa communities in high-demand areas such as New Cairo and East Cairo.
- Real estate partnerships: collaborations with major developers to launch or promote large-scale projects.
- Investment and marketing: using investor networks, banking relationships, and international marketing channels to support demand.
- Retail and mixed-use activation: expanding retail services within STM destinations, reflected in the MoU with Majid Al Futtaim to roll out Carrefour and Supeco stores in selected projects.
Latest Developments and New Projects
STM Investment was active throughout 2025 with several high-profile partnerships, including Mountain View’s Kayan City development and the MoU with La Vista Developments for La Vista City. In January 2026, Daily News Egypt reported that STM signed an MoU with Majid Al Futtaim to introduce Carrefour and Supeco outlets across selected STM projects, with the first phase planned for Kayan Plaza Mall in Kayan City.
On the direct residential side, Mayan New Cairo and Eleven Residence currently stand out as the main STM Developments projects in New Cairo. Both are positioned around important urban corridors such as Cairo-Suez Road, Mohamed Naguib Axis, and South 90th Street, with a focus on practical apartment layouts, finished or near-delivery homes, and locations that support long-term demand.
STM Developments FAQ
What is STM Developments?
STM Developments is an Egyptian real estate development and investment company also associated with STM Investment and Space Tank Management.
Who is the CEO of STM?
Market and real estate press material refer to Eng. Shady Selim as CEO of STM.
What are STM Developments’ main projects?
The main projects associated with STM include Mayan New Cairo and Eleven Residence, along with partnership projects such as Grand Valleys in Kayan City and La Vista City.
Where are STM Developments projects located?
STM’s projects and partnerships are mainly located in New Cairo, East Cairo, and the New Administrative Capital.
How many units has STM Developments delivered?
No verified public company-wide total is available for delivered units, so no specific delivered-units figure is used.