LMD’s STEIGHT Deal Wins Big, Puts Egypt on Global Real Estate Map

Landmark Developments (LMD), one of Egypt’s leading real estate innovators, has earned international acclaim at the 2024 EMEA Finance Achievement Awards, where it was honored with the title of “Best Real Estate Deal in Africa”

The award recognizes the EGP 2.8 billion syndicated facility arranged in collaboration with Banque Misr, Suez Canal Bank, and EG Bank to fund STEIGHT — LMD’s visionary villa-only development in New Cairo

Celebrating Financial Innovation in London

The award was presented during a high-profile charity dinner hosted by EMEA Finance in London, where the continent’s most groundbreaking financial deals were celebrated

LMD’s recognition places Egypt firmly on the global map of real estate finance, reaffirming the power of bold vision paired with smart capital structuring

“This isn’t just a win for LMD — it’s a win for Egypt. It proves that visionary urban development, when backed by strategic financial partnerships, can compete with the best on the global stage,” stated Eng. Amr Sultan, CEO of LMD

Strategic Partnership and Deal Structure

The award-winning deal highlights a powerful collaboration between LMD and three of Egypt’s most trusted financial institutions

Together, they structured a syndicated facility designed to fuel long-term, value-driven development while setting new benchmarks for complexity, confidence, and scale in African project finance

Praise from EMEA Finance

EMEA Finance, one of the most respected financial publications across Europe, the Middle East, and Africa, praised the STEIGHT transaction for its innovation, structure, and significance — not just for Egypt, but for the region.

Project Vision and Masterplan

Stretching across 550 acres along the Suez Road and Youssef El Sebai Axis in New Cairo, STEIGHT is a fully gated villa-only community inspired by the concept of human balance and holistic living.

Designed by Alchemy and YBA, the project is divided into eight experiential “states” — each curated to reflect a unique dimension of personal well-being and lifestyle enrichment

Green Living and Architectural Design

With 85% of its footprint dedicated to green open space, walkability, and tranquility, STEIGHT creates seamless harmony between modern architecture and natural beauty

Each villa features bold, contemporary design with expansive glass facades, integrating sunlight, serenity, and scenic views

Fully Integrated Destination

Complemented by a mixed-use district offering retail, F&B, Offices and Medical. STEIGHT is a fully integrated destination that has already captured the market’s attention — with sales surpassing EGP 15 billion as of 2025.

This prestigious award is more than a trophy — it is a global endorsement of Egypt’s rising influence in real estate innovation and investment structuring. It affirms that Egyptian developers and financial institutions are not only building for today, but shaping the future of urban living across Africa and beyond

“This recognition from EMEA Finance cements our position as a development partner of choice — one that banks trust, investors value, and residents believe in,” added Eng. Amr Sultan

About LMD

Landmark Developments (LMD) is a future-focused real estate developer with a growing portfolio across Egypt, the UAE, and Greece. Renowned for its design-led thinking, strong financial strategy, and deep commitment to quality, LMD is reimagining urban spaces that balance functionality, beauty, and human-centered living

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