New Digital Platform for Real Estate Auctions Launched in Egypt
October 26, 2025 - 19:16
Belmazad, a company specializing in online real estate auction management and marketing, has entered into a partnership with Cairo Finance, a subsidiary of Banque du Caire. This collaboration will introduce an innovative digital platform dedicated to the sale and financing of repossessed real estate assets.
The platform is designed to simplify the marketing and sale processes for properties that have been forfeited due to defaulting loans. By leveraging technology, the initiative aims to provide a transparent and efficient auction experience for both buyers and sellers. The first asset to be featured on this new platform will be a property located in Mansoura, marking a significant step in the evolution of real estate transactions in the region.
With this partnership, Belmazad and Cairo Finance are set to enhance the accessibility of real estate auctions, potentially attracting a wider audience and improving the overall market dynamics. The launch is anticipated to bring a fresh approach to how repossessed properties are managed and sold in Egypt.
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