Nawy Shares and CI Capital Asset Management Partner to Launch Real Estate Investment Funds
Nawy Shares and CI Capital Asset Management (CIAM) have signed a partnership agreement to establish and manage digitally enabled, multi-issuance real estate investment funds. The partnership combines Nawy Shares’ real estate and technology expertise as Egypt’s largest fractional real estate investment platform with CIAM’s position as Egypt’s largest asset manager by assets under management and one of the largest in the region.
The concept of fractional investment overcomes the traditional barrier to investing in premium properties offered by leading real estate developers, which required paying millions of Egyptian pounds, whether as a down payment or in monthly installments. It allows investment with amounts starting from as little as a few thousand pounds. The proposed funds aim to extend the same principle by making real estate investment accessible to a wider range of investors, through the professional investment approach offered by this partnership and within a regulated capital markets framework.
The partnership follows new regulations issued by the Financial Regulatory Authority governing investment in real estate fund certificates through digital platforms, allowing real estate investment, fractional ownership and digital access to be offered within a regulated investment structure.
Under the agreement, the two firms will explore real estate funds focused on capital appreciation through development projects and income generation through operating assets, with individual issuances potentially linked to specific real estate projects and opportunities.
Ayman Magdy, Managing Director of Nawy Shares, said: “Nawy Shares started with fractional real estate investment and has since obtained the licenses required to manage real estate investment funds, promote and underwrite, and receiving subscriptions in investment funds. This partnership allows us to take that model further through regulated products that combine real estate expertise, investment management and technology.”
Dr. Amr Abol-Enein, CEO and Managing Director of CIAM, said: “This partnership is an important step in completing the range of investment products we offer our clients. By formally adding real estate to our Alternatives business, we now operate across the major asset classes. The new regulatory framework also gives us the opportunity to bring institutional investment management practices to real assets.”
Ahmed Rashad, Head of Asset Management at Nawy Shares, said: “We expect our combined efforts to help identify the best investment opportunities by bringing the two teams together and making the most of their accumulated and complementary expertise. Work towards this objective is already underway.”
Tarek Shahin, Managing Director and Chief Investment Officer of CIAM, said: “This partnership has been nearly a year in the making, following extensive discussions and work between our teams. Real estate is a core asset class for investors, and more efficient and flexible ways to access it provide greater scope for diversification. We want to apply an institutional investment approach to selecting and managing real estate opportunities, while using technology and fractional ownership to broaden access.”
Samar Babers, Head of Business Development and Partnerships at Nawy Shares, added: “This partnership is an extension of our vision to use technology to enhance the real estate investment experience. It brings together Nawy Shares’ real estate and digital expertise with CI Capital Asset Management’s investment and asset management capabilities, facilitating access to real estate opportunities through a more structured framework.”
Yomna Guindy, Business Development Director at CI Capital Asset Management, said: “We are grateful for this partnership and look forward to translating it into investment opportunities that serve the clients of both institutions, while also contributing to the broader development of the market and leveraging the leadership and expertise that each party brings to its respective field.”
Nawy Shares, Egypt’s first and largest fractional real estate investment platform, currently offers more than 400 properties across 35 projects and around 16 developers. CIAM’s assets under management reached EGP 183.6 billion as of June 2026, while it maintained its leadership of Egypt’s managed funds market with a market share of approximately 30%. CIAM has also expanded regionally, most recently through its selection to manage investments for the African Union Peace Fund.
Subscriptions to the first fund issuances are expected to open in early 2027, subject to completion of the establishment process and the required regulatory approvals.