Nawy Acquires ROA to Launch Nawy Unlocked, Turning Idle Properties into Goldmines

In a move that's shaking up Egypt's real estate landscape, Nawy, the nation's leading prop-tech platform, has announced its acquisition of ROA—a company that has swiftly gained acclaim for its innovative property management solutions. This exciting partnership paves the way for the launch of Nawy Unlocked, a groundbreaking service poised to transform underutilized or unfinished properties into lucrative income streams for owners.

Since its launch in January 2023, ROA has been on a mission to tackle a pressing issue in the real estate market: the vast number of properties that remain unused or unfinished, quietly draining potential income from their owners. Many property owners, faced with time constraints, lack of expertise, or limited resources, find it challenging to manage and monetize these assets effectively.

ROA stepped in with a fresh perspective, offering premium finishing touches and scalable construction solutions that significantly enhance property value. Their approach didn't just stop at aesthetics; it was about adding lasting value and unlocking potential revenue for property owners.

Now, building on ROA's solid foundation, Nawy Unlocked is set to offer a comprehensive suite of services that take the headache out of property management. Imagine turning the key on a fully finished, beautifully furnished property without lifting a finger! From sourcing reliable tenants to managing leases, Nawy's expert team handles every detail with finesse.

Understanding the financial hurdles that often come with property finishing, Nawy is extending a supportive hand by covering up to 50% of the finishing costs. This generous offer is designed to ease the upfront financial burden, with costs being gradually recovered from the rental income—making the investment virtually seamless for property owners.

Expressing his enthusiasm, Mostafa El-Beltagy, CEO of Nawy, shared, "We've always believed that property ownership should be a source of empowerment, not stress. With Nawy Unlocked, we're not just offering a service—we're redefining industry standards. Our goal is to provide holistic, user-friendly solutions that truly maximize property investments, and we're thrilled to bring this vision to life."

Adding to the excitement, Mahmoud Abdel Maksoud, Managing Director of Nawy Unlocked, remarked, "This acquisition is a significant milestone for us. By merging ROA's expertise with Nawy's relentless commitment to excellence, we're delivering a seamless service that genuinely unlocks the true potential of property investments. We can't wait to see the positive impact this will have on property owners across Egypt."