What Svreico Real Estate Investment Co. does

Naeem Developments is a commercial real estate developer operating in Egypt's Smart Village business district, established in 2009 as a wholly-owned subsidiary of Naeem Holding. The company develops, sells, and leases premium administrative office units and integrated business parks targeting enterprises, growing startups, and real estate investors seeking high-quality workspace in Greater Cairo. As of the latest disclosures, the company has completed four business park projects in Smart Village — LINX Business Park (2017), ARC Business Park (2018), Northside Business Park (2020) — with a fifth, the V5 Business Hub (60,000 m², expected 2025), currently under construction. Additional earlier buildings include f3/f4 (2010), B16 (2013, housing the headquarters), and B143 (2014).

The core product is fully finished administrative office space delivered within managed business parks that bundle 24x7 security, surveillance, housekeeping, parking, chilled water systems, and firefighting infrastructure. Pricing is quoted per square meter across unit sizes ranging from 54 m² (ARC) to 71 m² (LINX), with Northside units starting at 58 m² and V5 units starting at 60 m². The broader master plan represents a $150 million investment encompassing 13 buildings, 200,000 m² of built-up area, and 45,000 m² of dedicated green space.

Revenue is generated primarily through one-time sales of commercial units to businesses and investors, with a stated pipeline toward retail/rental income from commercial stores. Go-to-market relies on a direct sales team of Sales Consultants handling calls, meetings, and site tours, supported by a dedicated hotline (16026), website inquiry forms, and organic social media across Facebook, Instagram, YouTube, and LinkedIn. The customer base is diversified across Egyptian banking (Arab African International Bank, CIB, Attijariwafa Bank, Faisal Islamic Bank, EG Bank), multinational F&B and retail (Starbucks, La Poire, Pickup), technology (Chint, Fawry, ChillTech), travel (TezTour), and individual investors. Operations are led by CEO Hesham El Far from the headquarters at Building B16, Km 28, Smart Village.

Name

Svreico Real Estate Investment Co.

Legal name

NAEEM Developments

Website

https://svreico.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Naeem Developments is an Egyptian commercial real estate developer, wholly owned by Naeem Holding, that designs and sells premium office units and integrated business parks in Smart Village to enterprises, startups, and investors in Greater Cairo.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Lessors of Real Estate (5311), Real Estate Property Managers (53131), Management of Companies and Enterprises (55111)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

New Development & Project Marketing (Pre-Construction Sales) (FSAEAJAE)

akta.pro secondary industries

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

Keywords

• Commercial real estate development
• Business park properties
• Administrative office units
• Commercial property sales
• Real estate investment

Headquarters

HQ city

Smart Village

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Marketing or Sales, Personnel, Operations

Revenue model

1. Commercial Property Sales: Naeem Developments generates revenue through the sale of commercial office spaces and business parks. Properties are sold as fully finished administrative units with pricing based on square meter. The company develops mixed-use projects in Smart Village and sells units to businesses and investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Svreico Real Estate Investment Co. (doing business as Naeem Developments) develops and sells commercial office space and fully finished administrative units within four business parks in Egypt's Smart Village district. The portfolio includes V5 Business Hub (under construction), Northside Business Park, LINX Business Park, and ARC Business Park, offering modern, sustainable workplaces to businesses and real estate investors. Pricing is quoted per square meter, and units are sold as completed or pre-completion commercial properties.

Product overview

NAEEM Developments operates as a commercial real estate developer in Egypt, offering a portfolio of four distinct business park products within Smart Village. The portfolio consists of V5 Business Hub (under construction, targeting 2025 delivery with 60,000 M²), Northside Business Park (completed 2020 with 6,000 M²), LINX Business Park (completed 2017), and ARC Business Park (completed 2018 with 12,000 M²). The company develops commercial office spaces and administrative units available for sale and rent, targeting businesses of all sizes from established corporations to growing startups. The overall development plan includes 13 buildings with 200,000 m² of built-up area and 45,000 m² of green space across a $150 million business and service park.

Differentiator

Problem solved

Functional benefit

Products and services

• V5 Business Hub Flagship under-construction commercial development in Smart Village offering office spaces in a 60,000 M² built-up area across ground plus 5 floors, with 280 underground parking slots and landscaped open spaces designed to inspire productivity. Targets corporations and businesses seeking premium, sustainable office space.
• Northside Business Park Completed commercial development in Smart Village offering 6,000 M² of fully finished administrative units equipped with cutting-edge technologies. Designed as a complete business destination for established corporations and growing startups.
• LINX Business Park Completed commercial development in Smart Village offering state-of-the-art facilities and seamless business services, strategically located for maximum accessibility via low-traffic routes in a calm suburban environment.
• ARC Business Park Completed office space development in Smart Village with 12,000 M² total built-up area, located next to headquarters of leading international companies, featuring spacious well-designed offices with 24x7 security, surveillance, housekeeping, parking, and chilled water systems.

Quantifiable outcome

• Over 16 years of delivering premium business spaces with proven client satisfaction
• +2 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Naeem HoldingcoreStrategic or Co-development PartnerNaeem Developments is a subsidiary of Naeem Holding since 2009. The parent company provides strategic direction and backing for the real estate development subsidiary's operations and expansion.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Emaar Misr: Egyptian arm of Emaar Properties, developing large-scale mixed-use and commercial communities including Uptown Cairo and Mivida. Comparable as a large, well-capitalized developer building integrated business and commercial districts targeting premium corporate tenants in Egypt.
• El Gouna / Orascom Development Egypt: Egyptian-listed developer of integrated towns including El Gouna on the Red Sea and O West in Cairo, with commercial and administrative components. Comparable as a major Egyptian developer of integrated destinations with commercial real estate elements targeting similar enterprise and investor segments.
• Palm Hills Developments: One of Egypt's largest listed real estate developers, with a diversified portfolio of residential, commercial and mixed-use projects across Greater Cairo and the North Coast. Comparable as a major Egyptian developer competing for the same enterprise and high-end commercial tenants and capital in Egypt's urban real estate market.
• Ora Developers: Egyptian developer founded by Naguib Sawiris, building premium residential, commercial and resort projects across Egypt. Comparable as a major Egyptian real estate developer competing for similar premium enterprise and investor demand in Greater Cairo.
• Madinet Nasr Housing & Development (MNHD): Egyptian-listed real estate developer with a significant land bank in eastern Cairo, developing residential, commercial and administrative projects. Comparable as a Cairo-focused developer with overlapping commercial and administrative product offerings.
• Hyde Park Developments: Egyptian developer of large mixed-use and residential projects in East Cairo including Hyde Park New Cairo, with commercial components. Comparable as an Egyptian developer active in premium commercial and mixed-use product serving similar Cairo enterprise customers.
• Tatweer Misr: Egyptian real estate developer of large-scale mixed-use projects including Cairo Business Park and Al Burouj. Comparable as an Egyptian developer building commercial and mixed-use business parks targeting enterprise tenants in Greater Cairo.
• Mountain View (DMG): Egyptian developer of integrated residential, commercial and hospitality communities including iCity and Mountain View iCity October. Comparable as a developer of mixed-use and commercial product targeting premium Cairo tenants and investors.
• SODIC (Six of October Development & Investment): Egyptian-listed developer of premium residential, commercial and office projects across Greater Cairo, including integrated business parks. Comparable as an established Egyptian developer with overlapping commercial real estate offerings targeting enterprise customers in Cairo.
• Amer Group: Egyptian developer of residential, commercial and resort real estate across Cairo, the North Coast and the Red Sea. Comparable as an Egyptian developer active in commercial and mixed-use product serving similar enterprise and investor segments.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/61500000000000
• Instagraminstagram.com/naeem_developments
• YouTubeyoutube.com/@NaeemDevelopments
• LinkedInlinkedin.com/company/svreico-real-estate-investment-co

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Svreico Real Estate Investment Co.