Beltone & Amtaar Plan LE 2 Billion Real Estate Investment Fund

Beltone Asset Management and fractional real estate investment platform Amtaar Capital have partnered to establish a multi-issuance real estate investment fund targeting total issuances of EGP 2 billion, equivalent to around $38 million.

The fund is currently under establishment, with its first issuance expected to range between LE 500 million and EGP LE million. Beltone Asset Management will establish and manage the fund and oversee asset selection, while Amtaar will provide the digital platform through which investors can access the first issuance, with investments starting from LE 1,000.

The fund will focus on income-generating real estate, giving investors exposure through fund units rather than direct property ownership. Potential returns may come from rental income and capital appreciation, subject to the fund’s performance, strategy and applicable terms. The companies said the partnership is intended to broaden access to professionally managed real estate investment through a digital model.