{"id":601297,"date":"2019-02-25T03:38:51","date_gmt":"2019-02-25T03:38:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/"},"modified":"2019-02-25T03:38:51","modified_gmt":"2019-02-25T03:38:51","slug":"egypts-first-real-estate-fund-to-launch-in-march","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/","title":{"rendered":"Egypt\u2019s first real estate fund to launch in March"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <b>Egypt\u2019s first listed real estate fund to launch in March: <\/b>The <u><a href=\"https:\/\/www.egy-fund.com\/c.html#intro\">Egyptians Real Estate Fund<\/a><\/u> will be up and running by no later than March, <u><a href=\"https:\/\/alborsaanews.com\/2019\/02\/24\/1180570\">CEO Hashem El Sayed told the domestic press<\/a><\/u>. Billing itself as the country\u2019s first listed real estate fund and established by Egyptians Abroad Investment and Development Co., Pioneers Holding, and Misr Iran Development Bank, the fund will invest in real estate projects worth EGP 2.5 bn. These include an EGP 1.5 bn project on the Maadi corniche (on which work will begin in early December) and acquiring a 6,000 sqm administrative building in Smart Village to lease to multinational corporations. The fund listed on the EGX <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/28\/egypts-first-real-estate-fund-begins-trading-on-the-egx\/\">last year<\/a><\/u>, and is planning further public and private offerings of in-kind assets and cash in the coming period to reach its target size of EGP 2.5 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s first listed real estate fund to launch in March: The Egyptians Real Estate Fund will be up and running by no later than March, CEO Hashem El Sayed told the domestic press. Billing itself as the country\u2019s first listed real estate fund and established by Egyptians Abroad Investment and Development Co., Pioneers Holding, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,7087,125,83,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601297","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-finance","tag-investment-watch","tag-real-estate","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"40b374a6-158b-44fb-bc85-e47282986a1c","is_powered_by":true,"section_story_id":"b207f3b4-3205-4dbd-93d0-0a98c401d158","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601290],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s first real estate fund to launch in March - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s first real estate fund to launch in March\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s first listed real estate fund to launch in March: The Egyptians Real Estate Fund will be up and running by no later than March, CEO Hashem El Sayed told the domestic press. Billing itself as the country\u2019s first listed real estate fund and established by Egyptians Abroad Investment and Development Co., Pioneers Holding, and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-25T03:38:51+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s first real estate fund to launch in March\",\"datePublished\":\"2019-02-25T03:38:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/\"},\"wordCount\":147,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance\",\"investment watch\",\"real estate\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/\",\"name\":\"Egypt\u2019s first real estate fund to launch in March - 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The EGP 80 mn fund \u2014 a tie in between the Egyptians Abroad Investment and Development Company, Pioneers Holding, and Misr Iran Development Bank \u2014 will invest in four real estate projects worth a combined\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649821,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/naeem-holding-to-launch-first-egyptian-real-estate-fund-with-egp-1-bn-investments\/","url_meta":{"origin":601297,"position":1},"title":"Naeem Holding to launch first Egyptian real estate fund with EGP 1 bn investments","author":"enterpriseam admin","date":"9 March 2017","format":false,"excerpt":"Naeem Holding to launch EGP 1 bn real estate fund: Naeem Holding for Investments received approval from the Egyptian Financial Supervisory Authority to establish what it says is Egypt\u2019s first real estate fund with investments worth EGP 1 bn, the company said in an Egyptian Exchange filing. The fund targets\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626692,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/misr-italia-is-preparing-to-launch-a-real-estate-fund-targeting-foreign-investors\/","url_meta":{"origin":601297,"position":2},"title":"Misr Italia is preparing to launch a real estate fund targeting foreign investors","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Real estate developer Misr Italia is currently preparing to launch a real estate fund, Chairman Hanny El Assal tells Al Shorouk. The fund will target foreign investors and focus on investing in hotels, as well as administrative and commercial properties, El Assal said without providing additional detail. Egypt\u2019s first-ever real\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599157,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egyptians-abroad-investment-and-development-to-launch-logistics-investment-fund-in-2020\/","url_meta":{"origin":601297,"position":3},"title":"Egyptians Abroad Investment and Development to launch logistics investment fund in 2020","author":"enterpriseam admin","date":"19 June 2019","format":false,"excerpt":"The Egyptians Abroad Investment and Development Co plans to launch its logistics sector-focused fund next year, CEO and Vice Chairman Hashem El Sayed said. The fund will invest in dry ports as well as other logistics infrastructure. 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The fund is currently in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577575,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/does-pif-want-more-of-eipico\/","url_meta":{"origin":601297,"position":5},"title":"Does PIF want more of EIPICO?","author":"enterpriseam admin","date":"28 November 2022","format":false,"excerpt":"Among the other stories we\u2019re paying attention to this morning:PHARMA- EIPICO says it hasn\u2019t been formally told Saudi\u2019s PIF wants to up its stake: EIPICO IR Manager Abdel Raheem Ghareeb tells us that the company has not received any official notice that Saudi Arabia\u2019s Public Investment Fund (PIF) intends to\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=601297"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601297\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601290"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601297"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601297"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}