IWG and Gedico Communities Forge Strategic Partnership to Revolutionize Administrative Capital’s Real Estate Sector
In a groundbreaking move that reflects a transformative shift in integrated real estate
development within Egypt’s Administrative Capital, Gedico Communities has announced
a strategic partnership with IWG, the global leader behind Regus, a prominent brand specializing
in flexible workspace management This partnership is part of the Nebu Business Court project
located in the Administrative District, marking one of the most notable collaborations in the region’s
real estate sector
A Unique Collaboration to Enhance Nebu Business Court’s Value and Efficiency
The collaboration between Gedico Communities and IWG will give Nebu Business Court an
unprecedented operational and investment dimension As a global leader in flexible workspace
management, IWG will significantly improve the operational efficiency, service quality, and overall
value of the project’s real estate assets This partnership represents a substantial shift from the
traditional administrative building” concept to a more modern and dynamic “fully integrated system
The project is not just about having a prime location or innovative architectural design it extends
to a world-class operational model that meets the needs of major local and international companies
and institutions.
Nebu Business Court: A One-of-a-Kind Project in the Administrative Capital
The Nebu Business Court project stands out as one of the few—if not the only—projects in the
Administrative District that combines a strategic location, distinctive architectural design, and an
operational partnership with a global brand like IWG This unique combination makes it a highly
attractive option in this vital area of the New Administrative Capital
Boosting Market Value and Investment Opportunities
This strategic partnership directly enhances the market value and investment potential
of Nebu Business Court, while maintaining competitive pricing The project is now positioned
as one of the best options in terms of value-for-money in the New Capital, particularly given
the increasing demand for ready-to-operate administrative projects that adhere to international
standards Investors and clients also benefit from reduced operational risks, guaranteed sustainable
returns, and the potential for higher resale or leasing opportunities, ensuring the long-term appeal
and profitability of the project
New Capital: A Global Investment Destination
This partnership further solidifies the New Administrative Capital’s position as a global
investment hub, not just because of the scale of its projects, but also due to the quality
of partnerships and modern operational models that align with global economic trends and
the evolving needs of companies and institutions Nebu Business Court is now regarded as
more than just a real estate development; it is an investment model that mirrors the growth
and transformation of the Egyptian market and its ability to attract prominent international brands
Transforming the Administrative District with a Fully Integrated Management Experience
The collaboration between Gedico Communities and IWG elevates the Nebu Business
Court to a fully integrated management experience that blends the strength of the developer
the expertise of a global operator, and an exceptional location This project presents a new
model for administrative real estate in Egypt and the region, setting a benchmark for future
developments within the New Administrative Capital
Gedico Communities’ Vision for Long-Term Value
Dr. Ahmed El Zalat, Chairman of Gedico Communities, commented, “This partnership
with IWG truly embodies our vision of developing projects that go beyond just location
and design We focus on creating sustainable operational value, which is what makes
Nebu Business Court a unique offering in the New Administrative Capital With this
partnership, the project now offers a comprehensive management model that combines
international standards with cost-effectiveness, ensuring the best value-for-money for investors
IWG’s Expanding Role in Egypt’s Flexible Workspace Market
Youssef Naguib, Managing Director of IWG in Egypt, added, Our continued expansion
aligns with the growing adoption of flexible workspaces by companies As businesses
increasingly embrace the benefits of flexible work models, we have expanded our network
to 31 centers in Egypt, with plans to open 150 more Our workspace solutions have proven
to boost productivity and provide businesses with the flexibility to scale operations up or
down at significantly reduced costsGedico Communities
The Rise of Flexible Workspaces in Egypt’s Commercial Real Estate
Numerous studies by leading academics have shown that flexible workspaces offer a range
of benefits, including improved work-life balance, cost savings, and health advantages for
employees Employers also benefit from these work models through increased productivity
cost savings, and a more efficient and engaged workforce As the flexible workspace market
continues to grow, it is projected that these spaces will account for 30% of all commercial
real estate by 2030, further demonstrating the long-term viability of the flexible work environment
in Egypt and beyond This strategic partnership between IWG and Gedico Communities marks a
significant shift in the Egyptian real estate sector, particularly in the Administrative Capital
By combining a prime location, cutting-edge design, and a global operational partner, Nebu
Business Court is set to redefine the standards for administrative real estate in Egypt and the
wider region With an eye on future growth and investment, this collaboration offers unparalleled
opportunities for both investors and businesses in the rapidly evolving commercial real estate market
