In July 2018, Qalaa Holdings announced that it has completed the sale of 100% of Bonyan for Development and Trade (Bonyan), from Qalaa Holdings subsidiary MENA Home Furnishings to Compass.
Bonyan, a specialty real estate developer operating in Egypt, is the owner of the award-winning Designopolis mall. Originally developed as a specialty furniture mall, Designopolis is an open-air asset designed by renowned architectural firm Skidmore, Owings and Merrill built on a 117,000 square meter plot of land located in West Cairo in the Sheikh Zayed area. Compass will repurpose the approximately 1 km long promenade of some 300 shops into a complete lifestyle destination that includes shopping, dining, office space and entertainment activities for the entire family.