Banque Misr extends EGP 10bn real estate financing to Hyde Park Developments’ Founders Real Estate Marketing

Banque Misr (lender) / Founders Real Estate Marketing (borrower)


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Banque Misr has extended an EGP 10 billion bilateral long-term real estate financing to Founders Real Estate Marketing S.A.E., a subsidiary of Hyde Park Developments. The facility will finance the acquisition of a residential project owned by the New Urban Communities Authority (NUCA). Legal Era described it as one of the largest bilateral financings in the Egyptian market.

Advisers: Baker McKenzie Cairo advised Banque Misr as lender, with a team led by partner Mostafa Lotayef, supported by associate Omar Gamaleldin. Counsel to the borrower were not named.

Source: Legal Era, 14 October 2026. Added to The Meridian register on 31 October 2026.