MNHD Sells Land in Auction for EGP 50 mn in El Waha

MNHD Sells Land in Auction for EGP 50 mn in El Waha

Madinet Nasr Housing and Development (MNHD), an Egypt-based real estate developer, has sold a land plot for a total of EGP 50 mn in an auction, Invest-Gate reports.

Located in El Waha, the land is dedicated for commercial, administrative, and healthcare purposes, the company said in a bourse filing.

MNHD will reveal more details once the contract is signed.

 

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