Egypt plans real estate investment fund to maximise returns from NUCA assets
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Egypt’s Minister of Housing, Utilities and Urban Communities Randa El-Menshawy discussed plans to establish a real estate investment fund to maximise the economic and investment returns from assets owned by the New Urban Communities Authority (NUCA), according to a ministry statement on Wednesday.
The proposed fund aims to attract domestic and foreign capital, provide new sources of liquidity and financing, and build a diversified real estate portfolio capable of generating attractive investment
The proposed fund aims to attract domestic and foreign capital, provide new sources of liquidity and financing, and build a diversified real estate portfolio capable of generating attractive investment
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