CI Capital (CICH.CA), a leading diversified financial services group, has announced
a strategic partnership with Talaat Moustafa Group (TMG) to launch Egypt’s first and
largest real estate investment fund – Awa’ed Real Estate Investment Fund The fund
valued at approximately EGP 8 billion, represents a significant milestone in the evolution
of Egypt’s institutional real estate investment landscape
Awa’ed Fund: A Game-Changer for Institutional Real Estate Investment in Egypt
This partnership marks the launch of a pioneering investment platform that seamlessly
bridges the gap between real estate and capital markets, providing investors with unique
access to a high-quality institutional product. The Awa’ed Real Estate Investment Fund is
designed to deliver long-term value, resilient income streams, and direct exposure to Egypt’s
most prominent real estate assets The fund focuses on managing income-generating commercial
properties and developing two strategically selected land plots to enhance their value and unlock
capital appreciation through eventual sale Mahmoud Attallah, Group Executive Vice Chairman
and Managing Director of CI Capital, commented We are proud to collaborate with Talaat
Moustafa Group on launching the Awa’ed Fund, which we see as a strategic platform to broaden
investment opportunities in Egypt It reflects the Egyptian market’s capacity to embrace advanced
investment structures that drive efficient capital deployment
Strategic Collaboration to Strengthen Egypt’s Real Estate Investment Ecosystem
Hesham Gohar, CEO of CI Capital, emphasized The launch of Awa’ed Fund is a landmark
development for Egypt’s real estate investment market By combining TMG’s expertise in
urban development with CI Capital’s investment solutions, we aim to create a vehicle that
delivers long-term value for investors while enhancing Egypt’s institutional real estate ecosystem
This collaboration underscores our commitment to providing high-impact investment solutions
and reinforces CI Capital’s leadership in diversified financial services
A High-Impact Partnership: CI Capital and Talaat Moustafa Group
The collaboration brings together Talaat Moustafa Group, Egypt’s largest real estate
developer with over 50 years of experience, and CI Capital, a leading financial services
platform with over USD 17 billion in advised transactions TMG has delivered over 130,000
residential units, owns 28 commercial properties, and developed five fully integrated cities
that house more than 1.5 million residents Karim Badr, CEO of CI Capital Private Equity
stated “Awa’ed Fund embodies our commitment to disciplined investment and active
portfolio management Our focus is on optimizing asset performance, creating predictable
returns, and ensuring that investors benefit from a well-governed, high-quality investment platform
Fund Management and Development Strategy
The Private Equity arm of CI Capital, as the Fund Manager, will oversee the fund’s overall
management. The Fund Manager has partnered with The Arab Company for Projects and
Urban Development, a subsidiary of Talaat Moustafa Group, to manage the development
and sale of the real estate assets acquired by the fund, maximizing investment value and
delivering sustainable returns Amr Helal, CEO of Sell-side Investment Banking at CI Capital
highlighted We are proud to play a pivotal role in this landmark transaction, which sets
a new precedent for institutional real estate investing This transaction demonstrates CI Capital’s
ability to connect high-quality investment opportunities with institutional capital while delivering
high-impact advisory solutions
A Groundbreaking Investment Structure and Strong Investor Demand
The Awa’ed Real Estate Investment Fund is regulated by Egypt’s Financial Regulatory
Authority (FRA) and features an innovative, self-liquidating investment structure
designed to provide attractive risk-adjusted returns with semi-annual distributions
and significant potential for growth This structure sets a new benchmark for real
estate investment products in Egypt The successful closing of the Fund was supported
by the FRA, whose collaborative engagement played a key role throughout the process
Investor demand for the fund was exceptionally strong, with the offering being oversubscribed
within just one day of its launch This high level of interest reflects robust participation from
leading banks, insurance companies, and financial institutions, and highlights the confidence
in the Fund’s innovative structure, the quality of its underlying assets, and the strength of the
collaboration between CI Capital and Talaat Moustafa Group
A New Era for Real Estate Investment in Egypt
The launch of the Awa’ed Fund marks a transformative moment for the real estate
investment market in Egypt, offering a new avenue for investors to gain exposure
to high-quality real estate assets while benefiting from sustainable returns This
collaboration not only enhances Egypt’s position as a key player in institutional
real estate investment but also reaffirms the confidence in the country’s economic
prospects and its real estate market
