Target Real Estate Investment acquired additional 5.14% minority stake in Real Estate Egyptian Consortium S.A.E (CASE:AREH) from Mohamed Abdel Nasser Hamed Mahmoud and others for approximately EGP 120 million on October 4, 2021. Under the transaction, Target Real Estate Investment acquired 20.54 million shares at a price of EGP 5.8758 per share. Mohamed Abdel Nasser Hamed Mahmoud sold 19.86 million shares for EGP 116.77 million under the transaction decreasing its shareholding to 5.106% from 10.07%. Target Real Estate Investment completed the acquisition of additional 5.14% minority stake in Real Estate Egyptian Consortium S.A.E (CASE:AREH) from Mohamed Abdel Nasser Hamed Mahmoud and others on October 4, 2021.