Cairo’s Property Giant Backs New $154 Million REIT Focused on Income-Generating Assets
A fresh real estate investment vehicle has emerged in Egypt’s financial landscape, backed by a subsidiary of Talaat Moustafa Group (TMG) and investment bank CI Capital. The newly established Awaed Real Estate Investment Fund launches with capital of roughly 8 billion Egyptian pounds (about $154 million) after securing approval from Egypt’s Financial Regulatory Authority. The …
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