Thursday 21 Nov
Hassan Samir, Head of Investment and Real Estate Development at Bank Misr, revealed that the bank is closely monitoring interest rate movements to proceed with its planned launch of new real estate investment funds.
In his speech at the Money GTME
conference, Samir explained that the timing of the launch of these funds hinges
on a decrease in interest rates. He emphasized that lower interest rates are
crucial for the success and popularity of such funds.
Samir highlighted that these funds offer an excellent investment opportunity for individuals of various financial capabilities. Even those unable to afford a whole property can invest in a portion of a property unit, making real estate investment more accessible to a wider range of investors.
