Madinet Nasr for Housing & Development (MNHD) is a leading real estate development company in Egypt. MNHD was founded in 1959 as a public company before being offered on the Egyptian Exchange through an IPO in 1995. تأسست شركة مدينة نصر للإسكان والتعمير الرائدة في مجال التطوير العقاري في مصر عام 1959 كشركة مساهمة عامة قبل أن تعرض في البورصة المصرية من خلال طرح عام أولي عام 1995، وقد عهدت إليها مهمة رئيسية لتطوير 4.5 مليون متر مربع من أرض مدينة نصر، فضلا عن المناطق الأخرى المجاورة على مشارف القاهرة، وهي المهمة التي أتمتها الشركة بنجاح مما أدى إلى تلقيها للمزيد من المشروعات التي سطرت اسمها في مجال التشييد والبناء وإسناد المزيد من المشروعات إليها.

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Madinet Nasr for Housing & Development

Founded in 1959 as a public company, Madinat Nasr for Housing and Development established itself as a pioneer in the development of modern Cairo. MNHD developed the majority of Nasr City district, which covers an area of over 40 million sqm and is home to around 3 million inhabitants. Today, MNHD remains an essential pillar of this thriving community, even as management pursues a process of transformation that builds on this distinctive heritage and leads MNHD into a new and exciting era.
In December 2006, Beltone Private Equity acquired 30.88% of MNHD. The acquisition was accompanied by a far-reaching reformation of the company’s operations.
The turnaround strategy is focused on unlocking the value of MNHD’s 10 million sqm sellable land bank through the execution of visionary development projects that re-invent suburban living. With undisputed ownership and no legal disputes or time restraints for development, this extensive land guarantees the company’s resilience in even the most unfavorable economic conditions.

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