Palm Hills — The Village
Palm Hills Developments (PHD) was founded in 2005 by Mansour and Maghraby Investment and Development Company and is traded on the Egyptian Stock Exchange as well as the London Stock Exchange. PHD builds both residential and commercial developments, with commercial developments further divided into five target segments: retail, office space, leisure and health & education. PHD’s project portfolio spans four main regions: West Cairo, East Cairo, the North Coast, the Red Sea, and a land plot in Riyadh, Saudi Arabia. The company’s projects in West Cairo include its flagship Palm Hills October, Golf Views, Golf Extension, Palm Parks, Casa, Bamboo Extension and Woodville. East Cairo developments include Palm Hills Katameya, Palm Hills Katameya Extension, The Village, Village Gate, Village Avenue Katameya, Village Gardens Katameya, Capital Gardens New Cairo and Palm Hills New Cairo. PHD’s developments in the North Coast include Hacienda Bay and Hacienda Bay. PHD is a sub-developer at Egyptian Resorts Company’s Red Sea development Sahl Hasheesh, with 92,000 square meters allocated to PHD. PHD also holds a 5 mn square meter land plot in Saudi’s capital which is being held for sale.
Palm Hills The Village was awarded “Best Residential Project Award Built Category” at the 2014 Cityscape Awards. Situated across the American University in Cairo New Cairo campus, units were available for handover starting in 2014. The community is geared for both students and young couples, with 468 upscale apartments spread over a 105,000 square meter area. A total of 464 of 468 units have been delivered as of April 2016.