Madinet Masr (EGX: MASR.CA), one of Egypt’s leading urban community developers and the first to introduce fractional property ownership to the local market, has obtained approval from the Financial Regulatory Authority’s (FRA) Committee for Establishing and Licensing Companies to establish two new entities: the SAFE Real Estate Fund and SAFE for Securities Promotion, Underwriting, and Real Estate Investment Fund Management, Invest-Gate reports.

The move reflects the company’s commitment to advancing innovative investment solutions in line with evolving regulatory frameworks, while reinforcing the role of the real estate sector as a key driver of economic growth.

SAFE (Secure Assets for Fixed Earnings), developed by Minka Development, a Madinet Masr subsidiary under the umbrella of Madinet Masr Innovation Labs, is the first platform of its kind in Egypt to enable investors to own fractional shares in real estate. It is also among the first to apply for accreditation under the FRA’s new framework for fractional ownership, highlighting the company’s focus on transparency, investor protection, and sustainable growth.

Since its launch in December 2024, SAFE has facilitated transactions worth nearly EGP 370 mn, sold more than 7,400 property shares, and attracted over 70,000 users. To date, more than 2,800 investors have started receiving monthly rental yields, with average annual returns of around 10%, many of which are linked to the USD exchange rate.

By offering entry points starting at EGP 50,000 per share, SAFE expands access to real estate ownership, promotes financial inclusion, and positions itself as one of Egypt’s fastest-growing proptech ventures. The initiative underscores Madinet Masr’s vision of enabling wealth creation, supporting long-term sustainable development, and shaping a more inclusive investment landscape in the real estate sector.