The asset management company expects to launch a real estate fund within weeks and is also preparing the second issuance of its Halan-Azimut fund in partnership with MNT-Halan.

Azimut Egypt is preparing to launch a new real estate investment fund within weeks. This marks another step in the company’s broader push into alternative investment opportunities.

Speaking to Asharq Business on the sidelines of the Portfolio Egypt 2026 conference in Cairo, CEO Ahmed Abou El-Saad said the fund has already secured the required regulatory approvals. The final step before operations begin is completing the connection with Misr for Central Clearing, Depository, and Registry (MCDR). 

Additionally, in separate remarks to Zawya, Abou El Saad said the company is also preparing the second issuance of the Halan-Azimut real estate fund, developed in partnership with MNT-Halan.

Why You Should Care

The developments come as asset managers increasingly expand their real estate offerings through fund structures that allow investors to gain exposure to property assets without directly purchasing and managing real estate. The Halan-Azimut issuance will be open to retail investors with a minimum investment of EGP 5,000.

For Azimut Egypt, the move also reflects a broader effort to diversify its investment offerings and strengthen its position in alternative investments.

Speaking to Asharq Business on the sidelines of the Portfolio Egypt 2026 conference in Cairo, Abou El Saad said Azimut Egypt’s upcoming real estate fund has already received the required regulatory approvals. The fund is just awaiting its final connection to Misr for Central Clearing, Depository, and Registry (MCDR) before becoming operational.

Additionally, Abou El Saad told Zawya Arabiya that Azimut Egypt and MNT-Halan are preparing the second issuance of the Halan-Azimut real estate fund. This is a multi-issuance vehicle whose first tranche focused on hospitality assets. 

The new issuance will target office and administrative properties and is expected to launch within weeks. According to the company, 40% of the portfolio will target leased income-generating assets. At the same time, the remainder will be allocated across properties nearing delivery and assets expected to be completed within the next two years.

The company plans to increase its focus on alternative asset classes across multiple sectors, with particular attention to direct investments and venture capital opportunities. According to Abou El Saad, Azimut Egypt expects the number of funds under management to rise to 30 by the end of 2026, compared with 25 funds currently.

The Ripple 

The launch of a new real estate fund could further deepen Egypt’s investment fund ecosystem. This comes at a time when regulators and market participants are seeking to broaden access to alternative investment vehicles.

 Increased activity in real estate, private investments, and venture capital may also create additional financing channels for businesses and property developers.

What to Watch

The next milestone for Azimut Egypt’s upcoming real estate fund is its activation following connection to Misr for Central Clearing, Depository, and Registry (MCDR).

Market participants will also be watching the launch of the second Halan-Azimut issuance and investor appetite for real estate investment products targeting retail investors.