Egypt’s distinctive historic standing and abundance of underdeveloped land mass provide The Sovereign Fund of Egypt and its partners ample opportunity for access to unique assets with a high potential of monetization.
Tourism, Real Estate, and Antiquities are housed together for their interconnectedness in which they intersect at many levels, allowing them to mature collectively.
TSFE Tourism, Real Estate & Antiquities Subfund was established in August 2020 (BoD decree No. 5 of 2020), to:
Create wealth for future generations by maximizing the value of state-owned assets
Attract private investors by providing access to carefully crafted unique investment opportunities
Deliver sustainable financial returns over the long-term
Guiding Principles
Re-Imagine
Egypt as a world- class destination with a unique historical and cultural heritage
Revive
Old cities, Khedival old Cairo, to regain their historical glamour
Repurpose & Sustain
By implementing the repurposing methodology in order to achieve economic benefits that will lead to financial sustainability to protect our heritage
Champion
protecting the architectural and historical heritage of Egypt, while embracing sustainability concepts and integration of ESG principles
Maximize Value
From state-owned assets for future generation
Create & Innovate
By fulfilling market needs and gaps by offering new services and investable products that promote the growth of all three segments
Develop
innovative products and services by adopting international standards and technological advancements
Partner
With private investors who have relevant experience in their field
TSFE’s Assets
Assets owned or managed by TSFE
Description
The Tahrir Complex was built in 1951 under a royal commission, as the first administrative building with government offices, under the name “Government Complex”.
It consists of 14 floors with a 58,000 square-meter built-up area, and 1,356 rooms.
It will be developed and repurposed into a multi-use complex by the winning US Consortium which consists of three major global expert companies, the US Global Ventures Group, US Oxford Capital Group, and Al-Otaiba Investment Company.
Asset Owner
TSFE
Area
58,000 m2
Location
Cairo
Description
Ex-National Democratic party land of approx. 16,612 sqm is located in the heart of Downtown with a direct Nile footage, in proximity to several leisure and corporate demand generators.
It is the land plot of the former National Party and the final vacant land plot enjoying a view of the Nile River in the downtown area.
Asset Owner
TSFE
Area
16,000 m2
Location
Cairo
Description
The Ministry of Interior Complex is located in downtown area and is part of Khedival Cairo.
The complex consists of 10 separate buildings of different sizes and heights, with a total built-up area of 41,950 sqm, two of them with distinctive architectural characteristics (high ceilings, large openings and large spaces).
Asset Owner
TSFE
Area
41,950 m2
Location
Cairo
Description
Cosmic Village is located within close proximity of 6th of October and Pyramid Gardens, making the location ideal for an Educational hub with a total area of 679,000 sqm.
The land will be developed into mixed-use project including education, hospitality, retail and entertainment components.
In collaboration with GEMS and CIRA, TSFE is establishing four schools in the southern part of the village that will be operating in 2023.
Asset Owner
TSFE
Area
679,000 m2
Location
Cairo
Description
Discovery Village is located in 6th of October City, in close proximity to educational hubs and both Nile University and Misr University of Science and Technology.
is an integrated complex with a high science and technological infrastructure that allows transforming Complex into a Hub with a unique experience to its users.
Asset Owner
TSFE
Area
20,000 m2
Location
Cairo
Description
Nasser Institute Extension is located on an ideal land plot 13.7k sqm plot in Aga-Khan on the Nile corniche next to the Nasser Institute hospital.
It was initially designed to host international visitors from abroad and their companions during their treatment trip at the institute with a total built up area of a 23,800 sqm.
Asset Owner
TSFE
Area
23,800 m2
Location
Cairo
Description
The Andalous Park in Tanta, formerly called Tanta Zoo, established in 1956, lies on the main artery of the city - Al Bahar Street - on a total area of 25,035 square meters.
TSFE seeks a cooperation with local investors to reuse the park as an integrated and multi-component project (sports, recreational) while preserving the main component as a public accessible park and preserving all valuable historical trees.
Asset Owner
TSFE
Area
25,000 m2
Location
Tanta
Description
The Bab al-Azab area occupies the lower part of the Salah al-Din Citadel, opposite al-Rumaila Square, a school, Sultan Hassan Mosque, and al-Rifai Mosque.
For hundreds of years, Bab Al-Azab was the main entrance to the citadel until Muhammad Ali built the new door opposite the present-day Al-Hataba area.
In collaboration with Bidyat, TSFE is working to transform it into the first integrated creativity zone in the Middle East and Africa.
Asset Owner
Ministry of Tourism & Antiquities
Area
70,000 m2
Location
Cairo
