Tanmiya for Real Estate Investment
EEGX:TANM5.18
EGP
-0.36
(-6.50%)
ISIN
EGS21EB1C011
Return %
Stock
S&P 500
1Y
2.98
14.20
3Y
257.04
81.12
5Y
144.72
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Hesham Mohammed Medhat Y. El-Far
- Sector
- Finance
- Industry
- Real estate development
- Address
- Helwan Egypt
- IPO Date
- Jun 16, 2021
- Website
- tanmiyaegypt.com
- Similar Companies
- Business
- Tanmiya for Real Estate Investment S.A.E. is an Egypt-based real estate investment, asset management, and development company engaged in the acquisition, development, leasing, and management of industrial, commercial, and administrative properties. Established in January 2021 as a result of a horizontal demerger from Architectural Engineering Industries Construction & Development (ICON) and headquartered in Helwan, Cairo, Egypt, the company focuses on managing and expanding a portfolio of industrial lands, warehousing hubs, and property assets. Tanmiya operates through specialized business activities that include: land acquisition, subdivision, and site infrastructure development; industrial land leasing and asset management; warehouse and logistics facility development; commercial and administrative property management; real estate investment and project development; and strategic equity holdings in renewable infrastructure, including a shareholding in Sun Infinite East for Solar Energy. The company primarily caters to industrial manufacturers, construction and engineering firms, logistics providers, and commercial enterprises operating within the Greater Cairo metropolitan area and surrounding industrial zones. The company's core asset base includes major industrial and commercial land holdings within the Wadi Hof Industrial Zone in Helwan, generating recurring revenue through long-term commercial lease and netting arrangements with major affiliated industrial entities, including Acrow Misr for Metallic Scaffoldings & Formwork and Acrow Building Products. In recent strategic developments, Tanmiya for Real Estate Investment has initiated the development of a master-planned industrial and warehousing complex across a 100,000-square-meter parcel (Plot 146) in Wadi Hof, commissioning EgyTrend Financial Consulting to conduct comprehensive project feasibility and financial structuring studies. Additionally, the company reorganized its leadership structure through the election of a new board of directors chaired by Executive Chairman Arafat Mohamed Maged Abdel Samad Saqr and the appointment of Hesham Mohamed Medhat Youssef El-Far as Managing Director, while continuously expanding its operating partnerships and lease agreements across its industrial real estate portfolio.