Palm Hills Development PHD acquired 190 acres of land from the Egyptian Ministry of Housing located adjacent to the Company’s existing developments in West Cairo, including Palm Hills Golf Views and Golf Extension, according to a released statement.

PHD announced that the company is in the process of finalizing the plans for the land which the company’s Chairman Yasseen Mansour counts as, “a natural extension to Palm Hills Golf Views and Golf Extension in line with our strategy to replenish our land bank, as we continue to utilize our land bank due to the unprecedented demand for our products portfolio and the strong pace of construction and handovers.

PHD’s final master plan for the project is expected to include standalone units and commercial services, with new sales and reservation strategies planned for this year.