Nawy Acquires ROA to Launch Property Management Service in Egypt

Nawy, a leading African proptech company, has acquired ROA, a property management solutions provider, to launch Nawy Unlocked. The new service empowers property owners to generate sustainable income from unfinished or unused units through innovative renovation and rental management solutions.

Founded in 2023, ROA gained recognition for its advanced property management offerings, addressing key challenges faced by property owners. The acquisition enhances Nawy’s ability to transform Egypt’s real estate market. Mahmoud Abdel Maqsoud, General Manager of Nawy Unlocked, stated, “This acquisition is a strategic step for Nawy toward redefining the real estate market in Egypt.”

Nawy Unlocked integrates renovation, high-quality finishing, and streamlined rental management to deliver value to property owners. The move builds on Nawy’s earlier successes with Nawy Shares and Nawy Now, further cementing its leadership in innovative real estate solutions.

With this acquisition, Nawy strengthens its position in Egypt, driving progress in property investment and offering unmatched services for stakeholders.

Source: EntArabi