MARAKEZ Secures EGP 3 Billion Financing from KFH-Egypt to Expand District 5’s Commercial and Administrative Offerings

MARAKEZ, one of Egypt’s leading mixed-use real estate developers, has secured an EGP 3 billion project finance facility from Kuwait Finance House Bank - Egypt (KFH-Egypt) to support the expansion of its commercial and administrative offerings at District 5, reinforcing the company’s continued growth and strong demand for premium office spaces. 

A signing ceremony for the facility brought together MARAKEZ and KFH-Egypt executives, including Dasha Badrawi, Executive Vice Chairman of MARAKEZ; Osama Ezzo, Chief Financial Officer of MARAKEZ; Amr Abdel Wahab, Head of Corporate Banking at Kuwait Finance House - Egypt and Ihab El-Shafei, General Manager – Corporate Banking. The event marked a significant milestone in the company’s ongoing commitment to expanding in Egypt.

This funding will enable the extension of the sold-out Mindhaus Campus, adding approximately 17,000 square meters of gross leasable office (GLA) space. This transaction aligns with KFH-Egypt’s commitment to financing high-quality projects that contribute to sustainable commercial growth.

Exclusively designed for leasing, the new extension addresses strong demand from companies seeking integrated work environments within District 5. The expansion comes in response to the increased demand for office spaces within the office park, Mindhaus Campus, which has reached full occupancy, driven by its integrated ecosystem, high-quality amenities, and strategic location within District 5. With easy access to retail destinations, banking services, dining outlets, and lifestyle facilities, the development offers businesses a complete and well-connected commercial ecosystem.

As a result of this strong demand, MARAKEZ has established a waiting list for office space, reflecting continued interest from companies seeking flexible, high-quality offices within an integrated mixed-use destination. The new extension is designed to accommodate companies looking for an integrated business environment while further enhancing District 5’s commercial offering.