Bonyan Revolutionizes Egyptian Real Estate Investment with EGX IPO
Deal News | Jul 14, 2025 | Zawya
Bonyan, an Egypt-based company specializing in commercial and office real estate investment, has launched an IPO on the Egyptian Exchange (EGX), offering 21.94% of its shares. Led by Executive Chairman Shamel Aboul Fadl, the company aims to capitalize on the favorable market conditions, with a total investment portfolio value of EGP 17 billion. Bonyan's business model focuses on acquiring completed properties for leasing to corporations, distinguishing itself from typical real estate developers in the region. The IPO is expected to raise EGP 1.8 billion, with part of the proceeds boosting the company's capital. This move is poised to reshape Egypt's real estate investment sector, highlighting structured investments over traditional individual real estate holdings.
Sectors
- Real Estate Investment
- Financial Markets
Geography
- Egypt – Bonyan is an Egypt-based company operating within the Egyptian real estate and financial markets, primarily listing on the Egyptian Exchange.
Industry
- Real Estate Investment – The article focuses on Bonyan's business activities involving commercial and office real estate investment, a significant sector in Egypt.
- Financial Markets – The article discusses Bonyan's IPO on the Egyptian Exchange, placing it squarely within the financial markets industry.
Financials
- EGP 1.8 billion – Expected total proceeds from Bonyan's IPO offering.
- EGP 250 million – Portion of the IPO proceeds to be allocated for increasing Bonyan's capital.
- EGP 17 billion – Total value of Bonyan's investment portfolio before liabilities as of March.
- EGP 12.5 billion – Net valuation of Bonyan post-liabilities for the IPO.
- 21.94% – Percentage of Bonyan's shares being offered in the IPO.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bonyan | Target company | Company | An Egypt-based company specializing in commercial and office real estate investment, currently launching an IPO on the EGX. |
| Shamel Aboul Fadl | Executive Chairman | Person | Executive Chairman of Bonyan, providing insights into the company's IPO and business strategy. |
| Egyptian Exchange (EGX) | Stock Exchange | Company | The platform where Bonyan is listing its shares as part of the IPO. |
| Arab Finance | Media | Company | The media outlet conducting the exclusive interview with Shamel Aboul Fadl. |