Misr Real Estate Assets Egypt is a prominent real estate asset management company that has been operating in Egypt since 2007. As a subsidiary of Misr Insurance Holding Company, it has become a leading player in the Egyptian real estate market. Misr Real Estate Assets Egypt offers various services, including real estate asset management, selling, and renting.
Focusing on giving quality services to its customers, Misr Real Estate Assets Egypt has built a reputation for being a reliable and trustworthy partner for all real estate needs. The company’s experienced experts aim to provide personalized solutions that meet each client’s unique needs. Misr Real Estate Assets Egypt’s commitment to excellence has gained it a loyal following of satisfied customers.
Whether you want to buy, sell, or rent property in Egypt, Misr Real Estate Assets Egypt is the company to trust. With its extensive knowledge of the local market and its commitment to providing quality services, Misr Real Estate Assets Egypt is the ideal partner for all your real estate needs. Contact the company today to learn more about its services and how it can assist you achieve your real estate goals.
Overview of Misr Real Estate Assets
History and Background
Misr Real Estate Assets Management Company was established in 2007 as a subsidiary of Misr Insurance Holding Company, one of Egypt’s largest insurance companies. The company was created under Market No. 203 of 1991 regarding the public business sector and its starting regulations. Since then, Misr Real Estate Assets has been a key player in the real estate industry, delivering exceptional value through exemplary projects that master all facets of development.
Misr Insurance Holding Company Affiliation
As a subsidiary of Misr Insurance Holding Company, Misr Real Estate Assets has access to a vast network of resources and expertise. Misr Insurance Holding Company is known for its strong financial position and long-standing reputation in the insurance industry. This affiliation has allowed Misr Real Estate Assets to leverage its parent company’s resources and expertise to provide high-quality real estate projects that fulfill the needs of its customers.
Role in Egypt’s Real Estate Sector
Misr Real Estate Assets is crucial in Egypt’s real estate sector. The company specializes in real estate asset management, selling, and renting. Its portfolio includes commercial, administrative, residential buildings, land plots, and other real estate assets. Misr Real Estate Assets is committed to creating innovative and sustainable communities that provide exceptional customer value.
In collaboration with the Egypt Sovereign Fund, Misr Real Estate Assets is digitizing all data and information related to its investment portfolio. This will enable the company to optimize returns and maximize the utilization of its real estate assets.
Deyar Misr Properties is a leading company in the Egyptian real estate market that specializes in luxury projects. However, Misr Real Estate Assets distinguishes itself by its affiliation with Misr Insurance Holding Company, which provides it with a unique advantage in terms of financial resources and expertise.
Strategic Management and Operations
Asset Management Approach
Misr Real Estate Assets Egypt has a robust asset management approach that seeks to maximize returns on real estate investments. The company’s management team oversees its strategy and emphasizes the need to enhance operations, optimize returns, and maximize the utilization of real estate assets. The company’s investment portfolio is digitized, and all data and information related to the portfolio is stored and managed by the Egypt Sovereign Fund in collaboration with Misr Real Estate Assets Management.
Operational Excellence in Property Management
Misr Real Estate Assets Egypt is committed to operational excellence in property management. The company’s management team has over 15 years of experience in the premium real estate development industry and excellent communication and managerial skills. Misr Real Estate Assets Management has a team of experts that ensures the efficient management of the 193 properties owned by the company in Alexandria. The company is dedicated to providing its clients with the highest level of service, ensuring that all properties are well-maintained and managed.
Investment Strategies
Misr Real Estate Assets Egypt has a sound investment strategy that seeks to maximize returns on real estate investments. The firm’s management team has extensive experience in the real estate industry and has developed a robust investment portfolio that includes commercial and residential properties. The company’s investment portfolio is diverse, ensuring that the company is well-positioned to weather any economic downturns. Misr Real Estate Assets Management is dedicated to providing its clients with the best possible investment returns. It constantly explores new investment opportunities to ensure the company remains competitive.
In summary, Misr Real Estate Assets Egypt has a sound strategic management and operational approach that seeks to maximize returns on real estate investments. The company’s management team is dedicated to providing its clients with the highest level of service and is dedicated to operational excellence in property management. Misr Real Estate Assets Management has a diverse investment portfolio that is well-positioned to weather any economic downturns, ensuring the company remains competitive.
Development and Investment Opportunities
Real Estate Development Projects
Misr Real Estate Assets Egypt has a strong track record of creating high-quality real estate projects in Egypt. The company has completed several successful projects in the country, including residential, commercial, and mixed-use developments.
One of the company’s flagship projects is the “New Administrative Capital,” a massive urban development project that aims to create a new city on the outskirts of Cairo. The project is expected to be completed in several phases and will include residential, commercial, and administrative areas, as well as public spaces and green areas.
Misr Real Estate Assets Egypt is also involved in several other development projects across the country, including the “New Alamein City” and the “New Mansoura City” projects. These projects will create new opportunities for investment and development in Egypt’s real estate sector.
Collaborations with The Sovereign Fund of Egypt
Misr Real Estate Assets Egypt has been collaborating with The Sovereign Fund of Egypt to develop several high-profile projects in the country. The Sovereign Fund of Egypt is a state-owned fund that aims to encourage economic growth and development in the country.
One of the most significant collaborations between the two entities is the “New Capital Partners” project, which aims to develop a new city on the outskirts of Cairo. The project will attract significant investment and create new opportunities for development in the country.
Misr Real Estate Assets Egypt and The Sovereign Fund of Egypt also collaborate on several other projects, including the “Sinai Peninsula Development” and the “Tourism Development in the Red Sea” projects. These collaborations will create new investment opportunities and promote economic growth in the country.
Exploring New Investment Avenues
Misr Real Estate Assets Egypt constantly explores new investment avenues in the country’s real estate sector. The company is actively seeking new opportunities to invest in high-quality real estate projects that can generate significant returns for its investors.
One of the areas that the company is exploring is the affordable housing sector. With Egypt’s growing population and increasing demand for affordable housing, this sector has a significant opportunity for investment. Misr Real Estate Assets Egypt is actively looking for new opportunities to invest in affordable housing projects that can provide high-quality housing for Egypt’s growing population.
Another area that the company is exploring is the commercial real estate sector. With Egypt’s growing economy and increasing demand for commercial space, this sector offers significant investment opportunities. Misr Real Estate Assets Egypt is looking for new opportunities to invest in high-quality commercial real estate projects that can generate substantial returns for its investors.
Overall, Misr Real Estate Assets Egypt is well-positioned to take advantage of the many development and investment opportunities in Egypt’s real estate sector. With a strong track record of success and a commitment to quality and innovation, the company aims to continue its growth and success in the upcoming years.
Subsidiaries and Partnerships
Misr Real Estate Asset Management Company Profile
Misr Real Estate Asset Management Company is a 2007-established subsidiary of Misr Insurance Holding Company. The company operates under Market No. 203 of 1991 regarding the public business sector and its starting regulations. Misr Real Estate Asset Management Company specializes in asset management, development, and investment services.
The company’s main objective is to offer its customers comprehensive and integrated real estate solutions that fulfill their needs and exceed their expectations. Misr Real Estate Asset Management Company employs a team of professionals in various fields, including engineering, architecture, finance, and legal affairs, to ensure the highest quality of services.
Strategic Business Alliances
Misr Real Estate Asset Management Company has formed strategic business alliances with various partners to enhance its capabilities and expand its reach. One of its most significant strategic alliances is with Walker Son & Packman, a leading international real estate consultancy firm in the United Kingdom.
The collaboration with Walker Son & Packman has enabled Misr Real Estate Asset Management Company to benefit from the firm’s extensive experience and expertise in the global real estate market. The partnership has also allowed Misr Real Estate Asset Management Company to offer clients comprehensive services and investment opportunities.
Misr Real Estate Asset Management Company has also formed partnerships with other top companies in the real estate industry, such as Banque Misr, Banque du Caire, and Allianz Egypt. These collaborations have enabled Misr Real Estate Asset Management Company to offer its clients innovative real estate investment products and services.
In addition to its strategic partnerships, Misr Real Estate Asset Management Company has established several subsidiaries to expand its operations and diversify its services. These subsidiaries include Misr Real Estate Assets (MREA), which provides digital services to enhance communication with clients and maximize investments, and Misr Real Estate Investment Fund 1, which invests in commercial real estate projects in Egypt.
Overall, Misr Real Estate Asset Management Company’s subsidiaries and partnerships have enabled the company to become a leading player in the real estate industry in Egypt and the region.
Technological Integration in Real Estate
Real estate is a vibrant market that is constantly evolving with the integration of technology. Misr Real Estate Assets Egypt has been at the forefront of technological integration in the real estate industry. This has enabled them to streamline operations, improve efficiency, and provide better client services.
Adoption of Advanced Software Systems
Misr Real Estate Assets Egypt has adopted advanced software systems to manage its real estate assets. These systems have enabled them to automate processes, reduce paperwork, and improve client communication. The software systems have also helped them to manage their properties more efficiently by providing real-time data on property performance. This has enabled them to make informed property management, maintenance, and marketing decisions.
Technology-Driven Asset Management
Misr Real Estate Assets Egypt has adopted technology-driven asset management to improve its services. This has enabled them to provide their clients with real-time data on property performance, rental, and occupancy rates. They have also integrated technology into their marketing strategies using social media, online property listings, and virtual tours, which has enabled them to reach a wider audience and provide better client services.
In conclusion, Misr Real Estate Assets Egypt has been at the forefront of technological integration in the real estate industry. They have adopted advanced software systems and technology-driven asset management to improve their services and provide better experiences to their clients. With technology integration, Misr Real Estate Assets Egypt is well-positioned to provide innovative and sustainable solutions to the real estate industry.
Financial Services and Performance
Asset Valuation and Rent Management
Misr Real Estate Assets Egypt provides financial services to its clients, including asset valuation and rent management. The company has a team of experienced professionals who use their expertise to provide accurate property valuations that help clientstake informed decisions about their investments and guarantee they get the best possible returns.
In addition to asset valuation, Misr Real Estate Assets Egypt offers rent management services. The company has a team of experts who use their market knowledge to set competitive rents for properties. This helps clients maximize their returns and ensures their properties are always occupied.
Financial Growth and Revenue Generation
Misr Real Estate Assets Egypt has a strong track record of financial growth and revenue generation. The company’s focus on innovation and market-leading strategies has helped it grow significantly. As of 3Q21, the company’s managed mutual funds and portfolios amounted to EGP 34 bn.
Misr Real Estate Assets Egypt has also successfully generated revenue for its clients. The company’s finely selected service providers and unique investment opportunities have helped clients access innovative investments with many benefits. Misr Real Estate Assets Egypt’s dominant market share and leading research capabilities have helped clients achieve their financial goals.
Overall, Misr Real Estate Assets Egypt’s financial services and performance are a key reason the company is a leader in the Egyptian investment market. The company’s commitment to providing accurate valuations, competitive rents, and innovative investment opportunities has helped it achieve significant growth and generate revenue for its clients.
Property Maintenance and Upkeep
Maintenance Strategies for Real Estate Assets
Maintenance is a crucial factor of property management. It is crucial to maintain real estate assets to ensure they remain in good condition and retain their value. Misr Real Estate Assets Egypt understands this, and as such, they have implemented several maintenance strategies to guarantee their properties remain in excellent condition.
Preventive maintenance is one of the maintenance strategies employed by Misr Real Estate Assets Egypt. This strategy involves regular property inspections to identify potential problems before they become significant. This approach helps avoid costly repairs and guarantees the property remains in good condition.
Another maintenance strategy employed by Misr Real Estate Assets Egypt is corrective maintenance. This strategy involves addressing any issues that arise as soon as possible. It is crucial to tackle problems promptly to prevent them from escalating, which can lead to more significant issues and higher repair costs.
Ensuring Long-Term Asset Sustainability
In addition to maintenance strategies, Misr Real Estate Assets Egypt employs several tactics to ensure long-term asset sustainability. One of these tactics is using high-quality materials during construction. This ensures that the property is durable and can withstand wear and tear over time.
Misr Real Estate Assets Egypt also ensures that their properties are energy-efficient. By implementing energy-efficient measures, such as using LED lighting and installing solar panels, the properties can reduce their energy consumption, which can help to lower operating costs.
Furthermore, Misr Real Estate Assets Egypt also ensures their properties comply with all relevant regulations and laws. Compliance is important to avoid legal issues and penalties, which can be costly and damage the property’s reputation.
In summary, Misr Real Estate Assets Egypt understands the importance of property maintenance and upkeep. By implementing maintenance strategies and ensuring long-term asset sustainability, Misr Real Estate Assets Egypt can guarantee that their properties remain in great condition and retain their value.
Leadership and Governance
Executive Team and Chairperson
A team of experienced executives leads Misr Real Estate Asset Management Company, which is committed to maximizing the utilization of real estate assets and optimizing returns. Dr. Hala El Said, the Minister of Planning and Economic Development, serves as the company’s board of directors chairperson.
Dr. El Said is a highly respected economist who has been instrumental in driving Egypt’s economic development. She has emphasized the need to enhance the company’s operations and digitize all data and information related to its investment portfolio in collaboration with the Egypt Sovereign Fund. This initiative can strengthen collaboration with Egypt’s Sovereign Fund, ensuring efficient management of the 193 properties owned by the company in Alexandria.
CEO and Management Philosophy
The CEO of Misr Real Estate Asset Management Company is a seasoned real estate professional with a wealth of experience in the industry. The CEO’s management philosophy is centered around maximizing the value of the company’s real estate assets and ensuring that investors receive optimal returns on their investments.
The CEO and the executive team are committed to maintaining high corporate governance and transparency standards. They believe that a strong governance framework is essential for building trust with investors and ensuring the company’s long-term success.
Overall, Misr Real Estate Asset Management Company is led by a team of experienced executives committed to maximizing the value of the company’s real estate assets and ensuring optimal returns for investors. The company’s leadership is focused on maintaining high standards of corporate governance and transparency, which are essential for building trust with investors and ensuring the company’s long-term success.
Cultural and Historical Significance
Preservation of Khedive Cairo
Misr Real Estate Assets Egypt has been instrumental in protecting the cultural and historical significance of Khedive Cairo. Khediva Cairo, also known as Ismailia, was built in the 19th century by Khedive Ismail as a European-style district in the heart of Cairo. The district has historical buildings and landmarks, including the Baron Empain Palace, the Khedivial Opera House, and the Ministry of Foreign Affairs.
Misr Real Estate Assets Egypt has taken great care to preserve these buildings and landmarks, ensuring they remain integral to Cairo’s cultural heritage. The company has invested in restoring and renovating these buildings, ensuring that they are preserved for future generations.
Contribution to Egypt’s Cultural Heritage
Misr Real Estate Assets Egypt’s contribution to Egypt’s cultural heritage extends beyond the preservation of Khedive Cairo. The company has also been involved in other cultural initiatives, including restoring the historic Al-Azhar Park in Cairo.
Al-Azhar Park is one of Cairo’s most popular parks and is home to several historical landmarks, including the Ayyubid Wall and the Salah al-Din Citadel. Misr Real Estate Assets Egypt’s investment in the park’s restoration has helped preserve these landmarks, ensuring that they remain an important part of Egypt’s cultural heritage.
In addition to its cultural initiatives, Misr Real Estate Assets Egypt has also been involved in some social and environmental initiatives, including developing sustainable communities and promoting green spaces. These initiatives have helped enhance the quality of life for people living in Egypt while protecting the country’s rich cultural heritage for future generations to enjoy.
EGYPT MLS
Egypt MLS, under Arab MLS, is a cutting-edge real estate platform for licensed professionals, realtors, and brokers in Egypt. It offers a comprehensive property database for easy searching, comparing, and booking of properties for sale, set to revolutionize the real estate industry in Egypt.
Frequently Asked Questions
What types of properties do Misr Real Estate Assets manage?
Misr Real Estate Assets manages a diverse portfolio of properties, including residential, commercial, and administrative buildings. The company also manages hotels, resorts, and tourist villages.
How can investors participate in Misr Real Estate Assets projects?
Investors can participate in Misr Real Estate Assets projects by purchasing shares in the company through the Egyptian Stock Exchange. The company also offers investment opportunities in its real estate development projects, typically announced through the media and on its official website.
What is the historical performance of Misr Real Estate Assets’ property portfolio?
Misr Real Estate Assets’ property portfolio has consistently grown over the years, with the company achieving a net income of EGP 1.2 billion in 2023. The company’s assets have also increased in value, with a total EGP 17.6 billion recorded in 2023.
What are the current development projects undertaken by Misr Real Estate Assets?
Misr Real Estate Assets is currently undertaking several development projects, including the construction of a new administrative capital city, a new city on the North Coast, and the development of a new industrial city in Upper Egypt. The company also engages in several urban development projects in Cairo and other major cities in Egypt.
How does Misr Real Estate Assets ensure its properties’ sustainability and environmental friendliness?
Misr Real Estate Assets is committed to ensuring its properties’ sustainability and environmental friendliness. The company has implemented several measures to reduce energy consumption and carbon emissions, including solar panels, LED lighting, and other energy-efficient technologies. The company also follows strict environmental standards in the design and construction of its properties.
What are the procedures for leasing commercial spaces from Misr Real Estate Assets?
The procedures for leasing commercial spaces from Misr Real Estate Assets vary depending on the property and the tenant’s specific requirements. Interested parties should contact the company’s leasing department for more information on available spaces and the leasing process.
