Bonyan for Development and Trade (BONY.CA), Egypt’s leading independent real estate investment platform, has announced the successful delivery of Building A5, strategically located on South 90 Street directly opposite the American University in Cairo (AUC).
Acquired off-plan in November 2023, the building’s handover marks Bonyan’s ninth operational asset, reaffirming the company’s disciplined execution, strategic expansion, and commitment to sustainable value creation in Egypt’s real estate market.
Strategic Leasing Momentum and Market Confidence
Ahead of the official handover, Bonyan entered advanced lease negotiations with several leading multinational companies for full occupancy of Building A5. This strong tenant interest highlights market confidence in the asset’s quality, location, and long-term value, as well as Bonyan’s reputation for delivering Grade-A commercial properties that meet global standards.
Sustainability and International Certification
Building A5 has been awarded the EDGE Advanced Preliminary Certificate, recognizing its energy-efficient design, water-saving systems, and sustainable construction practices.
As part of the Golden Gate mixed-use development by REDCON Properties, the building offers a blend of premium retail, entertainment, and office spaces, fostering a modern and environmentally conscious business environment.
With a gross leasable area (GLA) of 6,888 square meters, the green-certified asset is customized to meet the operational and environmental requirements of multinational tenants, making it one of New Cairo’s most desirable office addresses.
Strengthening Bonyan’s Real Estate Portfolio
The delivery of Building A5 represents another milestone in Bonyan’s long-term strategy to acquire, operate, and manage prime, income-generating real estate assets.
The addition of this property will be reflected on Bonyan’s balance sheet, further enhancing its asset base and recurring income capacity, while reinforcing its position as a leading institutional-grade real estate platform in Egypt.
Executive Comment
“The delivery of Golden Gate Building A5 is yet another key milestone in our real estate portfolio and reinforces our commitment to acquiring and operating premium, income-generating Grade-A assets in prime locations,”
said Tarek Abdelrahman, CEO of Bonyan for Development and Trade.“Each addition to our portfolio strengthens our recurring revenue base and reflects our disciplined execution across market cycles. With a strong pipeline and supportive market fundamentals, we remain focused on sustainable growth and long-term value creation for our shareholders.”
