Acumen-BPE Partners will begin marketing the Housing and Development Bank’s EGP 1 bn real estate fund in early 2018, after it receives approval from the Financial Regulatory Authority (FRA) in the first half of December, Chairman Hany Tawfik said yesterday, Al Masry Al Youm reports. In related news, Acumen Asset Management is planning to launch a EGP 200 mn equity fund in the first half of 2018, according to Chairman Rana El Adawi.

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