The syndicate of collaborating banks contains QNB Egypt, the Industrial Growth Financial institution (IDB), the United Financial institution, EG Financial institution, and Al Baraka Financial institution, all performing as lenders.
The transaction was efficiently signed on 30 July 2025, reinforcing Baker McKenzie’s continued position in high-value financing offers in Egypt’s actual property sector.
Main on the transaction, Mostafa Lotayef, lately promoted Associate within the Banking and Tasks apply at Baker McKenzie Cairo, commented: “We’re proud to have as soon as once more supported Banque Misr and the banks on this strategic financing initiative. The transaction displays our dedication to delivering subtle authorized options that allow our shoppers to drive impactful improvement in Egypt’s actual property market. It additionally underscores our workforce’s deep experience in structuring complicated syndicated amenities and our long-standing relationship with Banque Misr.”
The Baker McKenzie Cairo workforce was led by Mostafa Lotayef and included Associates Noureldin El Hayatmy and Milad Fayez.
This marks the third syndicated facility lately dealt with by Baker McKenzie’s Cairo for Banque Misr, following its advisory position on the EGP 1.3 billion long-term syndicated mortgage to Center East Actual Property and Tourism Funding Firm (Palm Hills) associated to Casa Cook dinner Resort, in addition to its counsel on an actual property financing transaction for Landmark Developments (LMD).