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[BUSINESS] · Egypt · 2 sources

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Social Brix, Saqr Fund, and Farida form Egyptian real estate alliance

Social Brix Real Estate Development has announced a strategic alliance with Saqr Real Estate Investment Fund and the Farida digital platform. The partnership aims to launch an integrated model combining real estate development, institutional investment, organized finance, and technology.

The alliance targets building a portfolio of investment projects and opportunities valued at over 30 billion Egyptian pounds during 2026 and 2027. Key target areas include New Cairo, 6th of October City, New Sphinx City near Sphinx International Airport, the North Coast, and the Red Sea.

Under this model, Social Brix will act as the development arm, managing projects from asset selection and feasibility studies through to development, financing, marketing, and asset management. Saqr Fund will provide the investment and structural framework, while Farida will serve as the digital platform for accessing investment opportunities, offering both full and fractional ownership products.

Entities

Egypt · Farida · Financial Regulatory Authority · Saqr Real Estate Investment Fund · Social Brix