Image Credit: El Gouna As inflation skyrockets, many struggle to purchase homes in Egypt’s current economic climate, and even fewer are left with the privilege of owning a vacation home on the side. Seeing an opportunity in innovating the real estate market, Partment, a proptech (property technology) startup, is hoping to revolutionize the way Egyptians purchase vacation homes. Their solution to high market prices: co-ownership, like buying shares in a company. Founded in 2022, Partment has already closed its pre-seed round – a round of funding done prior to a startup operating – at EGP 29.2 million (USD 1.5 million) on 28 September, enabling it to streamline its platform and fully launch it
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