{"id":649244,"date":"2017-04-26T04:01:19","date_gmt":"2017-04-26T04:01:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/"},"modified":"2017-04-26T04:01:19","modified_gmt":"2017-04-26T04:01:19","slug":"efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/","title":{"rendered":"EFSA allows real estate companies to swap shares in real estate funds"},"content":{"rendered":"<p>The Egyptian Financial Supervisory Authority issued amendments governing subscriptions to real estate funds that would allow real estate companies to trade in shares of their company or properties for shares in real estate funds in an initial public offering, EFSA chief Sherif Samy said. Companies which subscribe to a real estate fund through their own shares must hold its traded stocks in the fund for a minimum of two years before selling them, according to an <a href=\"http:\/\/www.efsa.gov.eg\/content\/efsa_ar\/efsa_news\/efsa_559.htm\">EFSA statement<\/a>. The regulator lifted the cap in place on subscription in these funds through real estate shares, allowing the fund\u2019s board to determine the limit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Financial Supervisory Authority issued amendments governing subscriptions to real estate funds that would allow real estate companies to trade in shares of their company or properties for shares in real estate funds in an initial public offering, EFSA chief Sherif Samy said. Companies which subscribe to a real estate fund through their own [&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":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649244","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"65085494-d33b-4959-a5f6-8d7321d15d5c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649212],"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>EFSA allows real estate companies to swap shares in real estate funds - 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\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFSA allows real estate companies to swap shares in real estate funds\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Financial Supervisory Authority issued amendments governing subscriptions to real estate funds that would allow real estate companies to trade in shares of their company or properties for shares in real estate funds in an initial public offering, EFSA chief Sherif Samy said. Companies which subscribe to a real estate fund through their own [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-26T04:01:19+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\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EFSA allows real estate companies to swap shares in real estate funds\",\"datePublished\":\"2017-04-26T04:01:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\",\"name\":\"EFSA allows real estate companies to swap shares in real estate funds - 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