News / Construction

Palm Hills, King’s School Unveil New Campus

Palm Hills Developments and King's School The Crown unveil a new campus to potential families at the first open evening at the new facilities which executives said showcases exceptional amenities designed to deliver best-in-class teaching and learning, Invest-Gate reports.

Beta Egypt Delivers Mostakbal City’s Beta Greens

Beta Egypt for Urban Development, a leading company in real estate development and owner of several projects in west and east Cairo, announces the delivery of the first and second phases of its project Beta Greens New Cairo in Mostakbal City, Invest-Gate reports.

Royal Developments Launches EGP 6 Bn Monark Project

Royal Developments, one of the leading real estate developers in eastern Cairo, launches the Monark project in Mostakbal City with over EGP 6 bn in investments, Invest-Gate reports.

Egypt’s Hassan Group Launches First Real Estate Project

Hassan Group for Trade, Industry and Contracting, one of the companies of Adel Hassan's AMHT Group, launches its first project in Egypt, Viola, with expected sales of EGP 800 mn, Invest-Gate reports.

Beltone Leasing Signs EGP 500 Mn Sale-and-Leaseback Agreement With Hassan Allam Properties

Beltone Leasing, a unit of Beltone Financial Holding, signed an EGP 500 mn sale-and-leaseback agreement with Hassan Allam Properties Group to finance assets for two subsidiaries, Invest-Gate reports.

Palm Hills Development’s Sales Surge 22% YoY in Q1 2023

Palm Hills Development achieves EGP 6.8 billion in new sales during the first quarter (Q1) of 2023, a 22% increase compared to EP 5.5 billion in the year-ago period, Invest-Gate reports.

Al-Borouj Misr Taps Savills to Manage Business Park Project 

Al-Borouj Misr Developments signs a contract for Savills Egypt to manage, operate and lease the Sixty Business Park and Sixty Business Corporation projects in the New Administrative Capital, Invest-Gate reports.

Egypt Offers Perks to Lure Investment in New Cities

Egypt’s New Urban Communities Authority approved incentives for real estate investors, including increased land use in new cities, Invest-Gate reports.

Badya Pushes Palm Hills’ Sales 22% Higher in Q1 2023

Yassin Mansour, chairman of Palm Hills Development Co., says the company’s sales rose 22% in the first quarter, driven by a 54% increase in sales at the Badya development, Invest-Gate reports.

Redcon, Honeywell Sign MoU for Sustainable Golden Gate

Redcon Properties, the newly established arm of Redcon Group, signs a Memorandum of Understanding (MoU) with Honeywell to incorporate smart sustainability solutions at Golden Gate, Invest-Gate reports.

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