I was reminded of a quote from a capital markets investor, an expert and elderly we met at the resort of a hotel .Converted-space"> abroad, my curiosity as an economist and journalist was piqued by his reading of economic newspapers; why is he so passionate about looking for what at this age?. He revealed to me a beautiful secret that I did not forget and I remember it when I see the management failures and losses in most of our companies in local stocks and funds, where he said to me: «I read about CEOs and their biographies and invest based on my conviction in them first and transfer my wealth with them if they move to other companies, and I have made a huge fortune from applying this strategy, so I do not miss following the specialized and economic newspapers as they are my only source wherever I am. "
<p class="p1Before the IPO, the companies and the funds did great, After they went to the stock market or parallel market, they began to experience declining sales and management failure, We focus here on real estate funds and the wisdom of real estate funds.converted-space"> investment in them, if the CMA's requirement for a real estate fund to distribute 90% of its profits to unit owners means stopping growth, Secondly, the returns of your investment with your cousin in real estate are better than the funds and safe because they will not add a higher income percentage, so distributing these profits is a clear evidence of weakness and inability to grow and erode wealth, and only the elderly and retirees want to distribute profits to enjoy them for the rest of their lives.
<p class="p1A large part of a CFO's job is to read the future, forecast, and develop a vision and visualization with the possibilities and risks of investment and growth, not to read the past like an accountant, And here we have to ask who is the genius and the financial manager of these real estate funds that encourages to invest in them? And how will he face the fluctuations of the market to benefit the interest of the owners?
Real estate funds so far 8 and there are other funds coming or under study, what is required of them is transparency and verification to benefit the interest of the investor in the future and not the current outlook, It is required to reveal the real criteria such as engineering supervision, maintenance, overall real estate quality and the credibility of future contracts with other economic aspects as the Ministry of Finance does when looking for a building for rent, this is if the managers of funds are trustees and keen to develop people's money.. Otherwise, you and your cousin are better off investing.








