We advised Nawy Shares on obtaining its regulatory licenses from the Financial Regulatory Authority (FRA) to undertake the Management of Real Estate Investment Funds, as well as the Promotion and Underwriting of Securities.
This mandate marks a significant milestone in advancing regulated fractional real estate investment in Egypt and highlights the continued evolution of market standards for REIF platforms.
Our team was led by Hossam Gramon, Partner and Head of Banking and Project Finance, and Ibrahim El Messery, Counsel, assisted by Kamal Shehata, Senior Associate, Abdelrahman Amgad, Junior Associate, and Nour Osama, Junior Associate.
Congratulations to the Nawy team — Ayman Magdy, Managing Director, Mohamed Tarek Zakaria, Legal Director, Laila Aziz, Senior Associate, and Samar Babers, Head of Business Development on this achievement.
For more information, check out Investgate’s coverage here.