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Vantage Capital backs Compass Capital to acquire a portfolio of Grade A office buildings in East Cairo

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4 years ago

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The office buildings acquisition is facilitating the expansion and diversification of Compass Capital’s real estate portfolio

CAIRO, Egypt, March 23, 2022/ — Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has provided $10 million of mezzanine debt funding to Compass Capital, a leading Egyptian private equity firm, to acquire six grade A office buildings in East Cairo. The acquisition is being made by Compass Capital’s existing real estate company, Bonyan for Development and Trade, which owns and operates the Walk of Cairo, an outdoor retail boulevard in West Cairo.

The office buildings were acquired from Namaa for Development and Real Estate Investment, a private real estate developer and operator owned by the Sallam family. Located in the heart of New Cairo’s central business district, the properties have an aggregate gross leasable area of 47 200 square metres and are fully tenanted by multinationals (including Nestlé, General Electric, Johnson & Johnson and Lafarge Cement) as well as large local Egyptian corporates.

The Walk of Cairo, the existing real estate asset owned by Bonyan, is located in Sheikh Zayed City, West Cairo and commenced operations in December 2020. The open-air mall provides an extensive range of unique entertainment and experiential offerings such as the Museum of Illusions, a wax museum and an amphitheatre where weekly events are held. The mall also offers a wide selection of food and beverage, lifestyle and retail outlets, hosting popular brands that include Natuzzi, McCafé, Espresso Lab and Core Gym.

Founded in 2010, Compass Capital is a leading Cairo-based private equity firm with a hands-on management approach. Over the past twelve years, the firm has built an attractive portfolio of investments across pharmaceuticals, financial services and real estate.

The office buildings acquisition is facilitating the expansion and diversification of Compass Capital’s real estate portfolio. Tarek Abdel-Rahman, Co-Managing Partner of Compass Capital, explained, “There is currently no easy way for investors to gain exposure to a diversified portfolio of stable, yielding real estate assets in Egypt despite this being a major and fast-growing sector of the economy. Our vision is therefore to build such a real estate portfolio with a view to listing it on the Egyptian Stock Exchange. Through accessing public capital, further real estate acquisitions could be then made over time, enabling the portfolio to keep expanding and diversifying.“

This listing would be the third for Compass Capital, who have previously achieved a partial exit of Rameda Pharmaceuticals and a full exit of CI Capital through initial public offerings on the Egyptian Stock Exchange.

Tarek added, “Vantage Capital has played an important role in supporting our vision and their funding has enabled Compass to retain its existing equity stake in the real estate portfolio.”

David Kornik, Partner at Vantage Capital, noted, “The real estate market in Egypt is buoyant and exhibiting robust growth, notwithstanding the onset of Covid. In particular, East and West Cairo have been expanding rapidly as residents move out of central Cairo to escape the congestion and improve their quality of life. The population of West Cairo alone has grown four-fold over the past four years, from 440,000 residents in 2017 to 1.8 million today and forecasts are for this to reach 6.7 million by 2027. Similarly high rates of growth are being seen in East Cairo, which currently has an estimated 8 million residents. This has fuelled strong demand growth for both retail and office space in these areas, supporting the real estate assets in Compass’ portfolio.”

The transaction represents Vantage Capital’s 33rd investment across four generations of mezzanine funds, with its portfolio spread across eleven countries in Africa. Warren van der Merwe, Managing Partner at Vantage Capital, added, “The transaction with Compass Capital marks our second investment into Egypt in as many years. With a population in excess of 100 million and an economy delivering resilient growth, it is a country with significant potential and a key target market for our firm as we look to deploy our newly-raised fourth mezzanine fund.”

Africa’s growing population and urbanisation are spurring significant investment into property developments across the continent. Over the years, Vantage has provided substantial financial support to the sector. This includes funding two neighbourhood shopping malls in Nigeria and Kenya, two mixed-use developments in Lagos and on the west coast of Mauritius, a hotel & commercial property group in Namibia, a leading owner & operator of hotels across Egypt’s Red Sea, as well as two residential property developments in South Africa.

Matouk Bassiouny & Hennawy (in Cairo and Dubai) and Werksmans Attorneys (in Johannesburg) acted as legal counsel.


Distributed by APO Group on behalf of Vantage Capital Group.

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Showcase Indian Ocean Convenes Private and Institutional Capital Across the Region’s Luxury Corridor

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15 hours ago

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September 24, 2026

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real estate summit

The re-positioned, fourth edition of the flagship real estate summit highlights the Indian Ocean corridor as a proving ground for the world’s most recognisable luxury hospitality brands and independent operators, representing one of Africa’s most compelling investment stories

PORT LOUIS, Mauritius, September 23, 2026/APO Group/ –Showcase Indian Ocean, formerly the API Mauritius & Indian Ocean Property Forum, is returning as a high-impact capital and investment summit that focuses on Mauritius as the centrepiece of a wider regional story where island destinations are maturing through capital investment, tourist demand and innovation.

 




  

Backed by API Events’ decades of B2B real estate, capital and hospitality events experience and headline-sponsored by Cushman & Wakefield | Broll, the event takes place at the InterContinental Resort Mauritius on 8 October. Now in its fourth edition, the event has been rebuilt around the transition from high-churn sales to institutional-grade investment, with a programme spanning regulatory changes, private credit, capital structuring and the integration of Agentic AI into dealmaking.

A maturing hospitality investment market

“The Indian Ocean is home to some of the most iconic destinations globally and the hospitality sector’s relative maturity is evidence of this, while the region still presents numerous entry opportunities for those not present,” says Wayne Godwin, Group Managing Director: International Markets, Broll Property Group.

Spearheaded by investment, real estate and hospitality leaders, the Indian Ocean Showcase programme will explore how capital is deploying across a corridor extending from Mauritius to the Maldives, Seychelles, Zanzibar, Madagascar, Réunion and Mozambique.

From growth potential to investable opportunity

The summit will also explore the growing prominence of GCC family offices and sovereign wealth funds in resort investment, alongside the shift from passive fund allocations into direct deals in hospitality, branded residences and mixed-use property.

“For investors, the opportunity across this market is not simply about identifying where growth is happening, but understanding where the fundamentals are strong enough to support investable real estate. Connectivity, infrastructure, demand and the ability to execute will increasingly determine which opportunities translate into successful transactions,” says Calvin Crick, Managing Director at Cushman & Wakefield | Broll Transactions.

Emphasis will be placed on capital-light development models and the use of branded residences to compress developer entry requirements, evidenced by a wave of branded openings from global and independent hotel groups. The investment case is further underpinned by tourism demand, with Mauritius, the Seychelles and Zanzibar all posting record visitor arrivals in 2025.

Understanding distinct markets and occupier needs

We’re excited to continue our legacy in the Indian Oceans region with this repositioned event

While hospitality remains a key component of the region’s investment story, the opportunity extends across a broader real estate landscape.

“The Indian Ocean should not be viewed as a single real estate market. Mauritius, Madagascar, Seychelles and Réunion each have distinct economic, regulatory and occupier dynamics, creating different opportunities for businesses looking to establish or expand their presence in the region. For occupiers, understanding these local market conditions will be critical to making informed real estate decisions,” says Natasha Bruwer, Managing Director: Occupier Services, Cushman & Wakefield | Broll.

The broader agenda will examine the growth drivers shaping the region, alongside lessons learnt from mature markets and against the backdrop of new flagship projects. It will also explore emerging investment themes, including the Mauritius Real Estate Index, green bond structuring against DFI and institutional ESG bankability requirements, and emerging asset classes such as senior living, digital-nomad multi-stay models, resort logistics and asset tokenisation.

A dedicated design and development track will examine how two decades of master-planning quality have shaped long-term investor confidence in the market.

Beyond hospitality

“Beyond hospitality, the combination of high ease of doing business, economic maturity, and growth makes this an attractive region for commercial, industrial, retail, residential, and other real estate asset classes. As Cushman & Wakefield | Broll, we are delighted to support this event and are pleased to have this exciting partnership in place,” says Godwin.

“We’re excited to continue our legacy in the Indian Oceans region with this repositioned event, designed to answer questions of capital structure, regulatory positioning and long-term institutional confidence across the entire corridor,” says API Events Commercial Director, Murray Anderson.

“The decision to move from a traditional property forum to a capital, investment and hospitality-focused summit reflects the rapidly changing geopolitical environment, surging tourism demand and the maturation of Indian Ocean island economies.”

Event snapshot:

8 October, InterContinental Mauritius Resort

300+ global attendees (investors, operators, developers and financiers).

60+ speakers across 14 sessions

Distributed by APO Group on behalf of API Events.

 




 

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A New Category Is Emerging in the Premium Residential Market — the “Presidence”

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1 month ago

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August 13, 2026

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Presidence

Experts say a self-contained, service-led residential format built for multigenerational ownership is emerging at the very top of the market — and that demand for it is rising worldwide.
Pitch Notes:
A new tier is forming at the very top of the residential market — the “presidence”: a self-contained, 200-hectare-plus community of private residences anchored by an international five-star hotel, built to be lived in and passed down across generations. With the number of individuals worth over US$30m up by 160,000 in five years and branded residential schemes growing 19% in 2025 alone, experts argue this format now warrants a category of its own — press release attached.

SINGAPORE – Media OutReach Newswire – 13 August 2026 – Experts in premium residential real estate note that a distinct new category is forming at the top of the market, and that demand for it is rising around the world. Property market specialists describe the emerging tier as the presidence: a self-contained community of private residences bound together by shared infrastructure and anchored by a five-star hotel under an international brand — a format designed to be lived in and passed down across generations, rather than simply owned.

The trend reflects a structural shift in global wealth. According to Knight Frank’s Wealth Report 2026, the number of individuals worth more than US$30 million climbed from 551,435 to 713,626 between 2021 and 2026 — a gain of more than 160,000, equivalent to 89 people crossing that threshold every day. Forbes, meanwhile, records 3,428 billionaires worth a combined US$20.1 trillion.

This wealth is also increasingly mobile. Henley & Partners projects that 165,000 high-net-worth individuals will relocate internationally in 2026 — a 16 per cent rise on the record 142,000 of 2025 — as affluent families build cross-border portfolios of homes and residence rights rather than tying themselves to a single jurisdiction. The appetite for professionally serviced, brand-anchored homes is visible in the development pipeline: Savills reports that the number of branded residential schemes worldwide grew 19 per cent in 2025, to around 910, and is on course to reach 1,747 by 2032, with the Middle East and North Africa the fastest-growing region over the past five years, at 187 per cent.

As the apex of the wealth pyramid rises, specialists say, demand at the very top is moving away from headline price-per-square-foot toward space, privacy, wellbeing, autonomy and a home that can be held and handed down across generations. The case for treating this as a distinct category was set out in a recent column by real estate adviser Ku Swee Yong, CEO of International Property Advisor Pte Ltd and an adjunct faculty member at Singapore Management University, where he teaches Real Estate Investments & Finance.”Luxury residence has a new crown, and it has a name: presidence,” he writes.

According to the expert, a property of this kind should meet several defining criteria: it should occupy an exceptional location among peer residences, be built to the highest standards of quality, provide space, a healthy natural environment, security and self-sufficiency, and create a place where owners and their families can live out every stage of life — building careers, raising children, enjoying leisure, prioritising health and wellbeing, welcoming family and friends, and ultimately passing the home down through generations. Privacy in this case does not mean isolation: rather than retreating behind their own gates, members of the presidence become part of a carefully formed community of peers, surrounded by people with comparable values, interests and ways of life.

These principles are, in practice, being formalised into a fuller set of criteria that distinguish a presidence from a conventional luxury development. At its most complete, the format is defined by:

A five-star hotel operated by an international brand present in at least three countries, located within the development;
A single estate of 200 hectares (around 500 acres) or more;
Full-spectrum infrastructure within one perimeter — indoor and outdoor sport, a central clubhouse, wellness, dining, parks and natural areas, a medical centre, recreation and security, plus a lifestyle anchor such as a golf, equestrian or yacht club;
A clear separation of public and private zones, with residences kept behind their own multi-layered security perimeter and isolated from guest-facing spaces such as the hotel, restaurants and spa;
A 24/7 premium service model featuring a dedicated resident care team, concierge services, standardised service-level agreements (SLAs), and a digital platform for managing every household and lifestyle need;
A unified architectural code governing the style and coherence of every building on the estate;
An equal-neighbour principle, under which a community of like-minded owners who can enjoy privacy while remaining part of an engaging social environment is formed.
Fully integrated examples remain rare worldwide, and demand, specialists say, is running ahead of supply as the number of ultra-wealthy households continues to grow.

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TEKCE Expands Global Reach with New Real Estate Partner and Affiliate Programs

Published

9 months ago

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December 16, 2025

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TEKCE’s new Partner and Affiliate Programs give property professionals and content creators real-time CRM visibility, white-label access to 7,000+ verified listings, and a transparent, trackable workflow for overseas sales

MALAGA, Spain, December 16, 2025/APO Group/ –TEKCE Real Estate (http://TEKCE.com/) announced an expanded Partner Program and a new Affiliate Program that make cross-border property sales more transparent and mutually rewarding. The programs run on the MyTEKCE platform and a white-label version of the TEKCE App, giving partners and affiliates real-time tracking, branded client experiences, and access to TEKCE’s 7,000+ property portfolio across Spain, the United Arab Emirates, Türkiye and Northern Cyprus.

 

“Real estate is ultimately a trust business. We built our model so every stakeholder can clearly see what’s happening, when, and why,” said Özkan Tekçe, COO of TEKCE Real Estate. “Through MyTEKCE and our partner ecosystem, you don’t just collaborate with TEKCE, you work transparently inside our system with your brand, your clients, and full process visibility from first inquiry to commission payout. Every challenge we once faced as a partner became a building block of this system. We designed this program so our partners never have to encounter those same obstacles.”

 

Global reach and local control

 

Designed for brokerages and independent advisors, TEKCE’s Partner Program (https://apo-opa.co/4s0rCpO) enables a Dubai agent serving a buyer for Spain or a Stockholm advisor serving a client for Türkiye to work within TEKCE’s infrastructure and inventory while retaining their client relationships.

 

MyTEKCE is a state-of-the-art international real estate partnership platform developed by TEKCE. It allows users to register, track, and manage clients transparently and in real-time. Partners are onboarded into MyTEKCE platform, where they can track client status in TEKCE’s CRM, buyer preferences, communication logs, viewing tours, offer stage, sales price, and commission status, reducing uncertainty and eliminating back-channel concerns.

 

Our partner and affiliate networks now span over 100 countries, supporting a shared mission: to create a transparent, tech-powered, and people-centered real estate industry

TEKCE App is available as a white-label solution so partners can present thousands of listings under their own brand identity (logo, visuals, contact links) while leveraging TEKCE’s verified, daily updated, international portfolio. This combines enterprise-grade scale with local personalization. The work hundreds of TEKCE team members put in every day ultimately flows through to our partners, empowering them with the full strength of our collective expertise.

 

A win-win model for wider audiences

 

TEKCE’s Affiliate Program (https://apo-opa.co/48XnEWA) extends beyond property professionals to alumni buyers and sellers, travel agencies, influencers, bloggers, YouTubers, SEO experts, digital marketers, and other creators with engaged audiences. After joining, affiliates generate unique links via MyTEKCE, connect their audiences to TEKCE listings, and earn referral income on verified transactions—without needing to become real estate agents. The model is engineered as a transparent, win-win system for all stakeholders.

 

Verified inventory, international footprint

 

TEKCE operates 20 offices across 5 countries, including hubs in Spain (Alicante, Barcelona, Málaga), Türkiye (Alanya, Ankara, Antalya, Bodrum, Bursa, Fethiye, İstanbul, İzmir, Mersin, Trabzon, Yalova), the United Arab Emirates (Dubai), Northern Cyprus (Kyrenia), and Sweden (Stockholm). This footprint gives partners and affiliates dependable supply and on-the-ground expertise for cross-border clients.

 

“Partnership should be measurable,” added Özkan Tekçe. “Our CRM-driven model shows every step so partners and affiliates can build long-term businesses on transparency. To support these processes, we have established a dedicated Partner Management team. All stakeholders can now manage their workflows much more easily and efficiently with the assistance of partner representatives assigned specifically to them. Our partner and affiliate networks now span over 100 countries, supporting a shared mission: to create a transparent, tech-powered, and people-centered real estate industry.”

Distributed by APO Group on behalf of TEKCE Real Estate.

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