Reference: BB 9536
EGP 4,325,000
B2B Real Estate
19323
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B2B Real Estate
+2 01020042007
Category:
Apartments / Sale
Type:
Flat+Garden
Price:
EGP 4,325,000 Installment
Price / Sqm:
EGP 21,410 Per Sqm
Area:
202 M2
Last Updated:
Wed 1 Mar 2017

Currently , Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide , and spreading over 27 million square meters [sqm] in Egypt , including 5 million sqm in which is held for sale in Saudi Arabia. The Company's product offering includes primary homes on both West Cairo and East Cairo , as well as second homes by the Mediterranean Sea [North Coast].
The land bank includes 757 , 000 sqm of land earmarked for Commercial/Retail developments , with ambitions to have such properties contribute around 25% of the Company's consolidated Net Income by 2020.
The company’s strategy is comprised of four pillars , namely Growth , Earnings Stabilization & Diversification , Improving Profitability and Expediting Projects' Delivery. Through the "Growth" pillar , the Company is exploring new large land banks within its development regions being West Cairo , East Cairo and North Coast to further expand its current development portfolio either through direct land auctions sponsored by the Egyptian Government , acquisitions from the private sector or co-development opportunities with land lords , securing the Company's future pipeline of residential and commercial offerings.