Egypt's Taj Misr targets $171mln in real estate, hospitality asset acquisitions

By Zawya

By Eman Hamed

Egyptian real estate developer Taj Misr is establishing two investment funds targeting the acquisition of real estate and hospitality assets valued at a combined 9 billion Egyptian pounds ($cc million approximately), as part of its expansion into investment and fund management.

The company's Chairman, Mostafa Khalil, said in a press statement that the Taj Misr Real Estate Investment Fund aims to acquire property assets worth approximately EGP5 billion, while the Taj Misr Tourism Real Estate Investment Fund will target tourism and hotel assets valued at up to EGP4 billion.

The company has initiated procedures to establish Taj Misr for Promotion, Underwriting and Real Estate Fund Management, which will serve as its financial services and fund management arm after securing approval from Egypt's Financial Regulatory Authority (FRA).

The regulator also approved the establishment of Taj Misr Real Estate Investment Fund Company under Resolution No. 2912 of 2026, alongside the incorporation of Taj Misr Tourism Real Estate Investment Fund Company.

Khalil said the group also plans to launch a digital platform and mobile application to enable investors to subscribe to and manage investment fund certificates online.

(1 US Dollar = 52.65 Egyptian Pounds)

(Writing by Eman Hamed; Editing by Anoop Menon)

(anoop.menon@lseg.com)

Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.