Bonyan, a subsidiary of Compass Capital, is planning to acquire new administrative buildings next year as part of its strategic expansion plan. Capital Utilisation for Administrative and Logistics AcquisitionsBonyan plans to use the proceeds from its capital increase to purchase new administrative spaces and buildings. He suggested that individual real estate investment in Egypt is not the most efficient method, and specialized real estate investment firms provide a more effective model than individual unit ownership. Expansion in Egypt’s Commercial Real Estate and Logistics SectorsAboul Fadl sees promising growth potential in Egypt’s commercial real estate sector, expecting it to yield high returns. Challenges in the Egyptian Real Estate Market and Growth ProspectsDespite inflation, currency devaluation, and other challenges, Bonyan remains committed to its growth strategy.

Source: Daily News Egypt November 06, 2024 05:22 UTC