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Nawy Shares FAQs (ENG)

Nawy Shares allows investors to purchase shares starting from 5% in off-plan real estate units for fractional ownership and investment returns. Their first product allows investing in pre-construction units selected by Nawy for their investment potential. It takes a few minutes to set up an account, select shares, and pay an expression of interest fee. Ownership does not translate to using the unit. Nawy aims to exit investments when the unit is delivered or an 80% return on investment is achieved.

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720 views6 pages

Nawy Shares FAQs (ENG)

Nawy Shares allows investors to purchase shares starting from 5% in off-plan real estate units for fractional ownership and investment returns. Their first product allows investing in pre-construction units selected by Nawy for their investment potential. It takes a few minutes to set up an account, select shares, and pay an expression of interest fee. Ownership does not translate to using the unit. Nawy aims to exit investments when the unit is delivered or an 80% return on investment is achieved.

Uploaded by

Youssef Amir
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Nawy Shares FAQs (ENG)

About Nawy Shares

What is Nawy Shares?

Nawy Shares is a digital platform where you can start investing in real estate for a fraction of the
price and reap the high returns of an asset class that is beloved by Egyptians.

Who can invest in Nawy Shares?

Nawy Shares is an exclusive benefit for the Nawy family for now. We have not officially
launched yet but you are getting priority access!

What are the products offered by Nawy Shares?

Our first product allows you to buy shares starting from 5% in off-plan units. We target units at
new project launches in order to secure the best price and maximize your returns.

We have a number of products in the pipeline but if you have an idea you think we should focus
on, shoot us an email at shares@nawy.com. We would love to hear from you.
Account

Why am I asked to set a PIN code?

To keep your investments safe. The PIN code is to ensure only you have access to your
portfolio and your wallet.

How can I reset my PIN code?


Investing

How does Nawy Shares choose the unit to invest in?

We select the units that we believe have the highest potential for capital appreciation based on
analysis that covers aspects such as the location, the developer’s past performance, the
project’s plan, the unit type, the relative price when compared to similar units, the historical
performance of similar units, and the perceived ease of exit.

We’re also open to suggestions. Have a unit you think is a great investment, let us know!

How does the model work?

With Nawy Shares, you can digitally purchase shares in select units. Each share represents 5%
of a specific off-plan unit carefully selected by the Nawy experts. This product is solely for
investment purposes. The unit will be put up for sale by delivery at the latest. That means that
your ownership won’t translate into use of the unit at a later date.

How can I invest in Nawy Shares?

It only takes a couple of minutes for you to create an account, select the number of shares you
want, and pay the fully-refundable Expression of Interest (EOI). Once the unit is confirmed with
the developer, the following will happen:

1. You will be prompted to confirm your interest.


2. After the confirmation, a reservation form will be delivered to your door for you to sign &
keep a copy. (The EOI will be no longer refundable after signing the reservation form)
3. Then, once we receive the contract from the developer, we will send you the ownership
contract. Please note that the contract overrides the reservation form.

What does “ROI” mean?

ROI stands for Return on Investment. It means how many pounds you gained for each pound
invested. For example, if you invested EGP 100k and exited with 150k then your ROI is 50% as
you returned 50k on an investment of 100k.

In Nawy Shares, the ROI is calculated on the amount invested i.e. the amount you paid after the
deduction of any and all of fees.

What does “expected unit appreciation” mean?

What’s the minimum amount that I can invest?

The minimum you can invest in is 1 share. Each share represents ownership of 5% in the
selected unit. Therefore, the price of a share is not fixed and changes from one unit to the next.

What’s the maximum amount that I can invest?


There is no maximum to how many shares you can invest in with Nawy Shares. However, per
unit, you can only purchase a maximum of 3 shares. This is to ensure that everyone gets an
opportunity to invest. It also helps us protect the rights of all shareholders.

What are the exit conditions of the investment?

We start actively attempting to exit the investment in 2 conditions (whichever comes first):

1. The market data suggest an ROI of 80% on the invested amount (net of the admin fees
and prior to the exit fee).
2. The unit is delivered by the developer.

We believe these 2 conditions ensure that you get the highest return possible.

Can I sell my share at any time?

There is a cliff period of 1 year after which you can sell your share at any time and for any price,
provided you find the buyer yourself.

We’re currently working on creating a marketplace where people can buy and sell pre-existing
shares to simplify the exit process and increase liquidity.

When will I receive my investment documents?

You will receive a reservation form confirming the purchase of a share when you confirm the
final details of the unit. You will then receive the sale contract once we receive the contract from
the developer. Both documents will be delivered to your doorstep for you to sign and keep a
copy.
Fees & Charges

What is the fee structure of Nawy Shares?

Nawy charges 3 fees:

At entry

1% of the share value to be paid with the down payment(s). This fee covers the costs of
creating an escrow account for the investment and establishing the legal framework that
ensures every shareholder’s rights are protected.

With every payment

3% of the payment value. This fee covers the cost of collecting money and other administrative
costs.

At exit

5% of the unit resale price. This fee covers the resale brokerage fee (2.5%) and our profit
(2.5%).

What if I miss a payment?

In case you miss a payment, a daily penalty of EGP 50 per share is applied for every day of
delay. If a payment is late by one calendar month, it is considered a missed payment. Missed
payments are still due. But be careful, 3 consecutive missed payments or 6 non-consecutive
missed payments within 12 months and your contract will be nullified and the share revoked by
Nawy. ِIn case that happens, a penalty equivalent to the down payment paid will be deducted
from your balance. The remainder of your money will be paid back in monthly installments of the
same amount as the original installment.

This is to ensure that no shareholder can negatively impact their peers by failing to pay on time.
Legalities and Regulations

Why am I asked to upload my ID when I first invest?

We need to check your ID for 2 reasons:

1. To ensure that it is valid - otherwise, your investment would be nullified and the contract
void.
2. To create the contract(s) for you.

Who drafted the legal framework for Nawy Shares?

Our legal framework was created with the help of one of the largest law firms in the world, White
& Case. We ensured that the framework will not only protect your investments, it will also help
you maximize your returns.

Who legally owns the unit?

Nawy buys the unit from the developer via a primary sale contract then sells shares in it to
investors via similar contracts. These primary contracts stipulate that the actual transfer of
ownership happens when all payments are made. However, these contracts are legally binding.

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