{"id":631887,"date":"2018-03-29T04:10:21","date_gmt":"2018-03-29T04:10:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/"},"modified":"2018-03-29T04:10:21","modified_gmt":"2018-03-29T04:10:21","slug":"egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/","title":{"rendered":"Egypt\u2019s first real estate fund prepares for second issuance in 2H2018"},"content":{"rendered":"<p><strong>Egypt\u2019s first real estate fund prepares for second issuance in 2H2018<\/strong>: Egypt\u2019s first real estate fund is preparing for a second stock issuance for in-kind assets and cash in 2H2018 to increase the size of the EGP 80 mn fund, <a href=\"https:\/\/alborsanews.com\/2018\/03\/28\/1095985\">CEO Hashem El Sayed said<\/a>. The fund is currently in talks with an unnamed Arab company to bring one of its malls under the fund\u2019s umbrella in an all-stock transaction, according to El Sayed. The fund, which was set up by an alliance of the Egyptians Abroad Investment and Development Company, Pioneers Holding, and Misr Iran Development Bank, officially began trading on the EGX <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/28\/egypts-first-real-estate-fund-begins-trading-on-the-egx\/\">on Tuesday<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s first real estate fund prepares for second issuance in 2H2018: Egypt\u2019s first real estate fund is preparing for a second stock issuance for in-kind assets and cash in 2H2018 to increase the size of the EGP 80 mn fund, CEO Hashem El Sayed said. The fund is currently in talks with an unnamed Arab [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631887","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c63b3ed9-56b8-4bf2-a091-fffe8da6f528","order":"0","is_powered_by":true,"section_story_id":"24b0c822-2b3a-41df-8ed4-39dd2ffc5838","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631870],"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 prepares for second issuance in 2H2018 - 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\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/\" \/>\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 prepares for second issuance in 2H2018\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s first real estate fund prepares for second issuance in 2H2018: Egypt\u2019s first real estate fund is preparing for a second stock issuance for in-kind assets and cash in 2H2018 to increase the size of the EGP 80 mn fund, CEO Hashem El Sayed said. The fund is currently in talks with an unnamed Arab [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-29T04:10:21+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\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s first real estate fund prepares for second issuance in 2H2018\",\"datePublished\":\"2018-03-29T04:10:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/egypts-first-real-estate-fund-prepares-for-second-issuance-in-2h2018\/\",\"name\":\"Egypt\u2019s first real estate fund prepares for second issuance in 2H2018 - 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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":598254,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/20\/egypt-expects-subsidy-spending-to-come-in-egp-13-bn-below-budget-in-fy2018-2019\/","url_meta":{"origin":631887,"position":1},"title":"Egypt expects subsidy spending to come in EGP 13 bn below budget in FY2018-2019","author":"enterpriseam admin","date":"20 May 2019","format":false,"excerpt":"EXCLUSIVE- FinMin expects subsidy spending to come in EGP 13 bn below budget this fiscal year thanks to lower oil prices: The Finance Ministry has revised downwards to EGP 315 bn from EGP 328 bn its total subsidy expenditure forecast for the current fiscal year, two senior officials told Enterprise.\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\/2020\/1\/773.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591839,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/18\/egyptian-real-estate-investment-firm-emerald-to-ipo-around-mid-january\/","url_meta":{"origin":631887,"position":2},"title":"Egyptian real estate investment firm Emerald to IPO around mid-January","author":"enterpriseam admin","date":"18 December 2019","format":false,"excerpt":"IPO WATCH- Emerald to offer 28% stake in January IPO: Real estate investment firm Emerald is planning to sell 28% of its shares on the EG\u0652\u0652X in the middle of January 2020, CEO of Egyptians Real Estate Fund Hashem El Sayed said, according to Al Mal. The company will offer\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":601297,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/25\/egypts-first-real-estate-fund-to-launch-in-march\/","url_meta":{"origin":631887,"position":3},"title":"Egypt\u2019s first real estate fund to launch in March","author":"enterpriseam admin","date":"25 February 2019","format":false,"excerpt":"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. 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