Latest in Highlight
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Palm Hills, Asten College Schools collaborate to develop international school for EGP 435m
The school is set to be launched by 2020 and accommodating approximately 2,800 students.
Palm Hills to direct EGP 2bn investments to real estate projects
Company will offer Capital Gardens, The Crown projects at Cityscape exhibition
Palm Hills looks to direct 16-17% of sales to Egyptian expats this year
Company expects to achieve total sales of EGP 12bn by end-2018, says co-CEO
Palm Hills targets finalising 11 residential projects within two years: CEO
Company aims to achieve EGP 12bn in sales during 2018
Palm Hills expects EGP 9.5bn sales by end-2017
Some land-acquiring problems for integrated housing city in Ghana prevent project launch next year
Palm Hills to start selling Waha Compound units H2 2018
Sales up 44% in 9 months, despite deliveries down 27%
Palm Hills founder sees a breakthrough in confidence crisis between government, private sector
Strengthening the pound on the short term threatens the Egyptian economy
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Housing Ministry, Palm Hills partner to establish new city in 6th of October City with investments worth EGP 150bn
Ministry contributes by land in return for 26% of revenues: Minister of Housing
Palm Hills gets approval for development of a residential project area of 12.6 million sqm
New project primarily puts the company as the largest real estate developer in Egypt in terms of sales value and land size: Mansour
Palm Valley Mall, Palm Central add EGP 470m to Palm Hills sales
Beltone, Pharos, and Prime recommend buying the stock, fair value estimated at EGP 3.47-4.2
Exchange rate liberalisation contributes to attracting foreign investment to real estate sector: Palm Hills
Middle-income housing accounts for 25% of market needs, says Palm Hills CEO
SWA to finish plan for 500-acre project next month: Palm Hills
Palm Hills plans to apply for new plots of land in West Cairo on areas ranging from 150 to 200 acres, says Yasseen Mansour
Toward decentralisation: Palm Hills looks to government to initiate move beyond Cairo’s bounds
Palm Hills will deliver 1,800 housing units during the current year
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Sales in Palm Hills’ new project reach EGP 491m
Despite reports stating that demand on luxurious units will slow, PHD sells 45% of its project’s units in two days
RTVC to invest EGP 4bn in its Stella Di Mare II project
Sales of the projects are estimated to amount to EGP 5bn
Palm Hills Development records profits of EGP 1.06bn in 2015
The company registered EGP 3.6bn in revenues
Investments in Palm Hills’ New Cairo project at EGP 35bn: Minister of Housing
NUCA’s share of revenues is 42% of the total project revenue, according to cabinet statement
Palm Hills wins ‘best residential project award’ in Egypt Cityscape Awards ceremony 2015
Real estate company Palm Hills Developments have been awarded the coveted ‘Residential Project of the Year’ at this year’s Cityscape Awards for Real Estate in Egypt. Palm Hills won the award for its ‘Golf Views Neighbourhood’ project. The company is carrying out the extension of its winning project “Golf Extension” in 6th of October City, …
Palm Hills records highest H1 net profit in company’s history
Net profits in Q2 of 2015 register EGP 431.2m
PHD, MNHD to co-develop East Cairo residential community
Project’s revenue will range between EGP 4.6bn and EGP 5.5bn
REACAP sells 13,452 sqm land for EGP 332m
EGP 120m of Alexandria land sale went to REACAP
MNHD Board approves Al-Hokair Group’s mega mall construction offer
Investments worth EGP 700m are expected to be injected for the development of the mall, says MNHD’s Investor Relations Manager
EGP 218m Palm Hills net profit in Q1 of 2015
Palm Hills achieved sales of EGP 1.35bn, sales doubled for high-profit projects during Q1 2015, says co-CEO
Palm Hills expects EGP 1.3bn in Q1 sales
Rise in sales of company’s projects in western and eastern Cairo as well as North Coast main derivatives to this anticipation, company says
Palm Hills to manage financing joint project with MNHD near new capital: Source
Project to generate EGP 4.6bn–EGP 5.5bn revenue, development over 4 phases through 10 years, says joint statement
Disputes with investors: Government attempts to turn a new leaf
Government attempts to finalise land settlements with investors
74.2% Y-o-Y increase in Palm Hills’ revenues
Net profit reached EGP 353.3bn, according to real estate company
EGP 1.6bn capital increase approved by Palm Hills’ general assembly
Real estate company seeks to expand its commercial and residential portfolio
Larger stake in Palm Hills sought: Ripplewood CEO
Collins affirms commitment to support Egypt’s economic recovery, interest in more opportunities in the country
Palm Hills restores 56.77 feddans in Sheikh Zayed; New Cairo land settlement still outstanding
Palm Hills Development, cabinet and New Urban Communities Authority agree on EGP 229m settlement