SVREICO Real Estate Investment Company, a leader in Egypt’s premium office spaces, has partnered strategically with digital payments giant Fawry, Invest-Gate reports.

This collaboration sees Fawry acquire an 80% stake in Svreico’s state-of-the-art administrative building in Egypt’s iconic Smart Village.

Moreover, the partnership builds on Fawry’s initial move in 2021 when it secured two floors in Svreico’s building. Additionally, the new agreement significantly expands Fawry’s access to top-tier facilities and cutting-edge infrastructure, enhancing its operational capabilities in the digital payments sector. The acquisition marks a key moment in Fawry’s continued growth and expansion within Egypt.

For his part, Hisham El-Far, Chairman and CEO of Svreico, emphasized the partnership’s significance, stating, “The expansion of our partnership with Fawry, a pioneer in digital payments, reflects the confidence in Svreico’s strategy and our 17-year track record of delivering exceptional services to our partners and clients.”

Furthermore, the alliance underscores Svreico’s ability to provide flexible, high-quality real estate solutions that cater to fast-growing companies like Fawry. Svreico’s focus on modern, strategically located administrative and commercial spaces ensures that they meet the needs of high-growth businesses while maintaining sustainability standards in areas such as lighting and ventilation.

Notably, this collaboration sets a new benchmark for corporate real estate partnerships in Egypt. It blends Svreico’s real estate expertise with Fawry’s leadership in digital payments to foster growth and innovation in the corporate sector.