Baker McKenzie Cairo Advises Banque Misr on EGP 6.2 Billion Real Estate Syndicated Loan
Baker McKenzie Cairo has provided legal counsel to Banque Misr S.A.E. and a syndicate of banks on a EGP 6.2 billion syndicated loan for the Mountain View 1.1 real estate project, marking a significant step in sustainable community development in Egypt.
Real EstateSyndicated LoanBanque MisrBaker MckenzieMountain View 11Real EstateAug 09, 2025
The syndicate of participating banks includes QNB Egypt, the Industrial Development Bank (IDB), the United Bank, EG Bank, and Al Baraka Bank, all acting as lenders. This collaboration underscores the commitment of these financial institutions to supporting large-scale, sustainable real estate projects in Egypt.
The transaction was successfully signed on 30 July 2025, reinforcing Baker McKenzie’s continued role in high-value financing deals in Egypt’s real estate sector. This deal is a testament to the firm’s expertise in structuring complex syndicated facilities and their deep understanding of the legal and financial landscapes in Egypt.
Leading on the transaction, Mostafa Lotayef, recently promoted Partner in the Banking and Projects practice at Baker McKenzie Cairo, commented: “We are proud to have once again supported Banque Misr and the banks on this strategic financing initiative. The transaction reflects our commitment to delivering sophisticated legal solutions that enable our clients to drive impactful development in Egypt’s real estate market. It also underscores our team’s deep expertise in structuring complex syndicated facilities and our long-standing relationship with Banque Misr.”
The Baker McKenzie Cairo team was led by Mostafa Lotayef and included Associates Noureldin El Hayatmy and Milad Fayez. This marks the third syndicated facility recently handled by Baker McKenzie’s Cairo for Banque Misr, following its advisory role on the EGP 1.3 billion long-term syndicated loan to Middle East Real Estate and Tourism Investment Company (Palm Hills) related to Casa Cook Hotel, as well as its counsel on a real estate financing transaction for Landmark Developments (LMD).
Frequently Asked Questions
What is the total amount of the syndicated loan?
The total amount of the syndicated loan is EGP 6.2 billion.
Who is the financing agent for this syndicated loan?
Banque Misr S.A.E. is the financing agent for this syndicated loan.
What is the name of the real estate project being financed?
The real estate project being financed is called 'Mountain View 1.1'.
Which law firm provided legal counsel for this transaction?
Baker McKenzie Cairo provided legal counsel for this transaction.
Who is the lead partner from Baker McKenzie on this deal?
Mostafa Lotayef, recently promoted Partner in the Banking and Projects practice at Baker McKenzie Cairo, led the team on this deal.
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