January 2024 — Bonyan for Development and Trade (Bonyan), the leading Real Estate Investment company focusing on acquiring and managing commercial real estate assets in Egypt, has successfully completed its eighth asset acquisition as part of its expansion strategy.

The newly acquired Grade A office building is located in Redcon’s Golden Gate on south 90th Street, adjacent to the American University in Cairo (AUC), New Cairo. The acquired building is a green certified office building with a BUA of 6,888 SQM.

“The transaction cements Bonyan’s strategy of becoming the leading real estate platform focused on the ownership of commercial real estate assets generating returns through capital appreciation and rental yields.” Shamel Aboul Fadl – Chairman of Bonyan.

Bonyan currently holds a diversified asset base consisting of 8 commercial assets across East and West Cairo. Currently two thirds of the company’s assets are geared towards Grade A offices while the remaining are in retail assets.

Bonyan was acquired by Compass Capital for Financial Investments, an alternative asset manager focusing on value investing, in July 2018 with the plan of establishing Egypt’s leading Real Estate Investment platform focusing on capital appreciation and rental yield.

Bonyan continues to seek growth through acquisitions of commercial and logistics real estate assets, to further enhance its portfolio and maximize shareholder returns.


Notes for Editors
Compass Capital is a leading alternative asset manager focusing on value investing. The firm’s multidisciplinary team has a long and successful track record of generating attractive investment returns, having successfully executed numerous transactions requiring capital flexibility, financial restructuring, and operational turnaround.

Bonyan is a Real Estate Investment company. Bonyan’s strategy focuses on acquiring and managing commercial real estate assets with the aim of creating an alternative real estate platform that generates shareholder returns through capital appreciation and rental yield.

Fady Raafat
Chief Investment Officer, Bonyan for Development and Trade

Forward-looking statements:
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