Arab Finance: Beltone Asset Management, a subsidiary of Beltone Holding, and Amtaar Capital joined forces to establish a multi-issuance real estate investment fund with targeted issuances totaling EGP 2 billion, according to an emailed press release.
The fund’s first issuance is expected to range between EGP 500 million and EGP 700 million.
In line with its investment strategy, Beltone Asset Management will establish and manage the fund and oversee the selection of assets. Meanwhile, Amtaar Capital will provide the digital platform through which investors can access the fund’s first issuance.
The fund will allow investors to purchase real estate fund units through Amtaar Capital’s digital platform without requiring them to purchase or directly own an entire property.
The fund will enable investors to invest in real estate fund units through Amtaar Capital’s digital platform, providing an opportunity to invest in income-generating properties without the need to purchase or directly own an entire property.
Investors will be able to participate in the fund with a minimum investment of EGP 1,000. They will leverage rental income generated by the underlying real estate assets, as well as potential capital appreciation, subject to the fund’s investment strategy, performance, and applicable terms and conditions.
Khaled Darwish, CEO of Beltone Asset Management, said: “Our partnership with Amtaar provides a different route to professionally managed real estate investment, combining Beltone Asset Management’s investment management expertise with Amtaar’s digital access.”
Amr Afifi, Co-Founder and CEO of Amtaar Capital, added: “Our partnership with Beltone Asset Management brings together Amtaar’s digital real estate ecosystem and Beltone Asset Management’s investment management expertise to make real estate investment more accessible to a broader range of investors, while offering a simpler digital experience.”
Beltone Asset Management has recently been named Egypt’s Best Islamic Fund Manager at the Euromoney Islamic Finance Awards 2026.
