Emtelaak has officially launched in the Egyptian market, marking its entry by signing a strategic partnership agreement with Uptown 6 October, a leading real estate development company in Egypt, Invest-Gate reports.

This partnership represents Emtelaak’s first step in the real estate market as a company specializing in the sale of fractional property shares. Its aim is to provide individual investors with opportunities to access the real estate market by owning shares in outstanding projects, including commercial, administrative, and residential properties, with capital investments starting at accessible levels for all.

Through this collaboration, Uptown 6 October will offer investors the opportunity to purchase real estate shares in a range of commercial and administrative units within its distinguished projects.

By utilizing Emtelaak’s innovative platform, which ensures a transparent and secure investment process, clients can access the most attractive real estate investment opportunities more easily.

Magdy El Yamany, General Manager of Emtelaak, expressed his enthusiasm about the official launch of the company and the partnership with Uptown 6 October, stating, “We are proud to be present in the Egyptian market, and for our first official step to be in collaboration with one of the most distinguished real estate companies in the market. Our partnership with Uptown 6 October is a significant step toward redefining the concept of real estate investment and contributing to the promotion of Egyptian real estate. Through Emtelaak’s platform, clients can invest in properties flexibly and securely, making property ownership more accessible to everyone without burdens, thereby expanding the investor base in the real estate market.”

Ahmed Abou Zeid, Chairman of the Board of Uptown October Group, stated, “We are extremely excited about this partnership with Emtelaak, which introduces an innovative investment opportunity in Egypt. This collaboration aligns with our mission to provide smart, flexible, and secure real estate investment solutions. Fractional ownership enables individuals to access luxury properties without the burden of full ownership, making real estate investment easier than ever.”