Fathallah Fawzy, Chairman of the Real Estate Development and Contracting Committee at the EBA, called for studying Saudi Arabia’s experience in establishing real estate funds dedicated to specific projects for a defined period, followed by exit and profit distribution. He explained that this mechanism provides developers with the necessary liquidity and helps reduce delays in project delivery. He noted that the approach is not yet implemented in Egypt despite its importance.
The remarks came during a meeting of the EBA’s Real Estate
Development and Contracting Committee, which discussed the future of digital
platforms for real estate investment and fractional property sales through real
estate investment fund units. The committee described these platforms as a
qualitative leap in transforming real estate into a regulated financial product
subject to governance and oversight.
Fawzy emphasized that taking practical steps to launch
fractional property sales through digital platforms and real estate funds is a
crucial move toward developing modern mechanisms to support the national
economy, expand the real estate investment base, and provide sustainable
financing solutions for the real estate development sector.
He added that fractional property sales via digital
platforms have become one of the most important modern real estate investment
tools, especially amid the sharp rise in property prices, which has exceeded
the financial capacity of a large segment of the population, increasing demand
for fractional investment.
Fawzy noted that in just one year, more than five digital
real estate platforms were established in Egypt, reflecting a real shift in
investor behavior. He stressed that real estate investment funds represent a
key element for the growth and sustainability of the real estate development
sector.