Mint Real Estate Assets represents a pioneering initiative resulting from a 30-year strategic alliance between the National Bank of Egypt and Al Ahly Sabbour Developments, Invest-Gate reports.
The establishment of Mint Real Estate Assets comes at a crucial moment as Egypt undergoes rapid urban growth and significant infrastructural enhancements. This is driven by a diverse range of investors seeking versatile skill sets to meet the rising demand for innovative real estate investment solutions.
“This initiative is a key element of Al Ahly Sabbour’s market expansion strategy, marking a significant transformation in Egypt’s real estate investment landscape,” says Eng. Ahmed Sabbour, Chairman of Al Ahly Sabbour Developments.
Mint positions itself as a strategic response to the growing need for adept real estate asset management within the Egyptian market, addressing the complexities of evolving market dynamics and the multifaceted challenges of the industry.
Mint aims to develop and maximize the value of real estate assets owned by investors, adhering to the highest global standards. The company implements innovative strategies and adheres to the best ethical and governance practices to drive sustainable growth in line with industry benchmarks.
Guided by the adept leadership of Chairman Tamer Erfan and CEO Alia El Nagdi, Mint is poised to set new benchmarks for investment quality and ethical standards in the real estate domain.
Mint’s strategy unfolds in two pivotal phases. Initially, the focus is on amassing a premier portfolio of residential and commercial projects, meeting current market needs. This involves compiling a distinguished portfolio comprising ready and under-construction projects in the Egyptian market, along with providing a wide array of services to real estate investor clients, including design, development, marketing, promotion, sales, pricing, and more.
The second phase involves expanding the portfolio to include diversified real estate assets, such as lands, cities, and industrial zones. Additionally, the company will emphasize shaping the future market direction and trajectory by focusing on sustainable development, governance, ethical investment practices, and implementing a comprehensive approach to asset supervision and sustainable profit maximization.