Each platform has begun establishing two entities: one to launch a real estate investment fund and another to obtain the necessary licenses for promotion, underwriting, and fund management activities.
In a statement, the FRA reaffirmed its commitment to supporting innovative startups and entrepreneurs as part of its broader strategy to foster financial market stability and protect all stakeholders. The announcement follows a series of recent consultations between the authority and representatives from the real estate development sector and digital platforms offering fractional real estate sales to the public.
During these meetings, the FRA outlined its regulatory vision for the sector, noting that the real estate fund model provides the most appropriate legal and operational framework for these platforms. This approach supports greater transparency, investor protection, and structured capital mobilization while helping diversify funding sources in the property market.