What is the relationship between Amtaar and Beltone?
Quick answer
Amtaar has partnered with Beltone Asset Management on a multi-issuance real estate investment fund targeting EGP 2 billion in issuances. Beltone will be the fund manager.
The partnership
Amtaar and Beltone Asset Management have partnered on a multi-issuance real estate investment fund, targeting EGP 2 billion in issuances. Beltone will be the fund manager.
How it fits the FRA framework
Under the FRA’s framework, fractional real estate will operate as a real estate investment fund: a closed-ended, multi-issuance fund in which each issuance is for one property. The partnership with Beltone puts that structure in place.
In the news
The partnership has been covered by several outlets. You can read the coverage on our news page.
Amtaar in the news →
