Business District Cairo Festival City is the main business area within the project, home to the headquarters of local and international companies looking for an integrated office location in New Cairo. Office space in the area exceeds 259 thousand m², accommodating a business community of more than 40 companies and an operating workforce of around 26 thousand staff.
The office units here differ in nature from the small offices scattered through commercial malls; the area is set up for corporate headquarters and the offices of major companies, with direct proximity to the commercial, hotel and entertainment services inside Cairo Festival City.
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Where is the Business District located?
The Business District occupies a prominent position at the entrance to Cairo Festival City in New Cairo, close to the Ring Road, El-Moshir Tantawy Axis and 90th Street. Travel time from it to Cairo Airport is also shorter than from a number of business areas deeper inside the 5th Settlement.
The location offers companies several advantages:
- Easy to receive clients arriving from east and west Cairo.
- Proximity to Cairo International Airport.
- Direct connection to the axes leading to the New Administrative Capital.
- Restaurants, shops, hotels and entertainment areas in the surrounding area.
- A nearby residential community that suits staff and managers.
- A well-known business address that houses a number of multinational companies.
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The nature of the offices inside the business district
The business district includes office buildings geared to corporate use, with spaces that allow for company headquarters and large operating departments. A unit can contain executive offices, meeting rooms, shared work areas, reception areas and internal services, depending on the unit's size and design.
Companies associated with the business district in Cairo Festival City include Procter & Gamble, Allianz, Air France, PepsiCo and Magrabi, which reflects the corporate character of the location.
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Sizes of the available office units
Offices listed for sale in the Business District do not follow a single size, as sizes change with the building, the floor division and the condition of the unit. Listings include units starting from around 90 m², along with offices exceeding 200 and 400 m².
When choosing an office, the sales team clarifies a number of details besides the total area:
- The net usable area.
- The number of parking spaces assigned to the unit.
- The division of offices and meeting rooms.
- The unit's position within the building.
- The level of finishing and furniture.
- The office's status: vacant or occupied under a lease.
- Annual management and maintenance fees.
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Office prices in the Business District
Listed prices show a clear difference between small offices and large headquarters, and are also affected by the presence of an existing tenant and the return achieved. Examples of listings:
- A 91 m² office at a price of around EGP 28.7 million.
- A 247 m² office unit at a listed price of around EGP 61.75 million.
- Other offices of the same size appeared at prices approaching EGP 66.7 million.
- An office space of around 428 m² at listed prices reaching nearly EGP 130 million.
In one listing for a 247 m² office, the unit was leased until April 2029 at a quarterly rent of EGP 716 thousand with a 15% annual increase.
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Services around the business district
Companies in the Business District benefit from being part of Cairo Festival City, where the following are available:
- Security, surveillance and access-control systems.
- Management and maintenance of the buildings and shared areas.
- Car parking.
- Restaurants and cafes suited to meetings.
- Nearby banking and commercial services.
- Hotels and hospitality facilities in the surrounding area.
- Outdoor spaces and pedestrian areas.
- Proximity to Cairo Festival City Mall.
- A road network that makes it easy for staff and clients to arrive.
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Advantages of investing in Business District units
Investing in the area depends on the quality of the tenant and the standing of the location more than on buying a small space and quickly reselling it. Key factors that support the office product:
- An actual base of local and international companies.
- A location close to the airport and the main roads.
- Spaces that suit regional offices and executive headquarters.
- The option of buying leased units with existing contracts.
- Commercial and hotel services that support operations.
- A limited supply of integrated, centrally managed business locations in New Cairo.
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Frequently asked questions about Business District offices
Is the Business District part of Cairo Festival City?
Yes, it is the main business area inside Cairo Festival City in New Cairo.
Do the offices suit only major companies?
The area is known for corporate headquarters, but the available listings vary in size, and there are mid-sized units that can suit smaller companies depending on the nature of their business.
Are leased offices available for sale?
Yes, units tied to existing leases appear on the market. The sales team clarifies the contract and the net return.
How do prices differ between two offices of the same size?
The difference relates to the level of finishing, the building, the floor, the number of parking spaces, the occupancy status, and the rent if the office is leased.
What is the difference between buying for use and buying for investment?
Buying for use focuses on how well the space and layout suit the company's nature, while investment requires studying the tenant, the contract, the expenses and the expected return.
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