Sky Innovo Developments

Sky Innovo Developments is the real estate arm of Sky Investments Holding and launched one of New Cairo's largest mixed-use projects to date in April 2026, with declared investments exceeding EGP 100 billion.

The Arabic version of this page is at شركة سكاي إنوفو للتطوير العقاري — مشروع سيتي ستارز بارك ستريت for Arabic-speaking readers.

Company Overview

Sky Innovo is the development arm of Sky Investments Holding. Eng. Ayman Fathy Hussein chairs both entities. The company concentrates on large-scale mixed-use projects inside New Cairo, with a focus on integrating retail, F&B, hospitality, and managed-office product within a single masterplan.

Track Record

The flagship project is Citystars Park St., launched in April 2026 as a strategic partnership between Sky Innovo and the regional Citystars brand together with Park St..

Declared project investments total EGP 100 billion (approximately USD 1.9 billion). The masterplan occupies 140,000 sqm of land, delivers approximately 560,000 sqm of built-up area, and presents a primary façade of 1.2 kilometers.

Areas Served

Sky Innovo's operations are concentrated inside New Cairo, on a 1.2 km primary façade that serves the Fifth Settlement and First Sector corridors of the city.

Project Portfolio

The flagship project is Citystars Park St. in New Cairo, with unit prices starting from EGP 27,750,000 and planned delivery in 2030. The development includes a 35,000 sqm retail and F&B destination as one of its anchor components.

The project also introduces Egypt's first hotel-style managed-office concept, operated by Park St., in which premium hospitality services are embedded directly into the workspace product to attract multinational tenants and regional headquarters.

Why Buy from Sky Innovo Developments

Sky Innovo combines three competitive advantages: a holding-company parent (Sky Investments Holding) providing financial depth, a partnership with the established Citystars brand, and a strategic construction agreement with Innovo Build, a subsidiary of the global Innovo Group.

The project is also designed to LEED-certification standards for sustainability and energy efficiency — a meaningful differentiator for multinational tenants and institutional investors who require internationally certified buildings.

FAQ — Sky Innovo Developments

Is Sky Innovo Developments a trusted developer?
Sky Innovo is a relatively new brand, but it is the development arm of Sky Investments Holding, chaired by Eng. Ayman Fathy Hussein. It contracted with Innovo Build (Innovo Group global subsidiary) for execution, providing an international-standard delivery framework.

What is Sky Innovo's investment scale?
The flagship Citystars Park St. project carries declared investments of EGP 100 billion (≈USD 1.9 billion), placing it among the largest announced developments in New Cairo for 2026.

Where are Sky Innovo's projects located?
The company's projects sit inside New Cairo, on a 1.2 km façade delivering 560,000 sqm of built-up area.

When will Citystars Park St. be delivered?
Planned delivery for Citystars Park St. is 2030, with unit prices starting from EGP 27,750,000.

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