Hyde Park Developments signed an agreement on Monday, October 12, 2026, to acquire a 415-feddan plot of land in 6th of October City's eastern expansion area, formerly known as Dreamland, to develop a major real estate project. The deal followed signing of contracts with National Bank of Egypt (NBE) and Banque Misr.
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The project will be the company's fourth in West Cairo and tenth across its real estate portfolio, making it its largest development in West Cairo to date.
Shary's take: what it means for buyers and investors
This acquisition signals major expansion by Hyde Park in West Cairo, a high-demand area. The project, being the company's largest in the region, may strengthen property prices in adjacent areas and attract other investors. Financing from Banque Misr and NBE indicates strong banking sector support for real estate sector growth.
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published 12 October 2026
