Shary

3 November 2026 · 1 min read

Tahya Misr Fund Steps in to Revive 900-Feddan North Coast Project

Tahya Misr Fund entered into a partnership agreement on October 31, 2026, with The MarQ Communities to develop and revive a stalled resort project covering 900 feddans on the North Coast, resolving an impasse ongoing since 2016.

Tahya Misr Fund Steps in to Revive 900-Feddan North Coast Project

The intervention aims to settle legacy developer disputes, protect the interests of existing buyers, and restart site execution, aligning with the national directive to optimize unexploited land banks along the strategic Mediterranean corridor.

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Shary's take: what it means for buyers and investors

Sovereign fund intervention brings substantial relief to legacy buyers and restores investor confidence in distressed assets. Reviving a 900-feddan tract alongside a recognized developer like The MarQ is poised to enhance surrounding land values and invigorate secondary market liquidity in that North Coast pocket.

published 31 October 2026

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