News / Developers

JLL Named Consultant of Landmark Sabbour’s THREE SIXTY

JLL, the world's leading real estate investment advisory firm, is to provide leasing and consultancy services at its latest endeavor, THREE SIXTY – Business & Leisure Park.

New Plan to Launch ATIKA Phase II Mid-November

New Plan Developments preps to kick off the second phase of its New Administrative Capital (NAC) project, ATIKA, by mid-next month, with a partnership agreement with a foreign company to be announced soon

El Batal to Uncover New Residential Project in November

El Batal Group for Housing and Development has revealed plans to launch the largest residential compound in Cairo’s Sheraton Heliopolis next November.

Emaar-El Nasr Arbitration Proceedings Suspended

Emaar Misr for Development, a unit of Dubai's Emaar Properties, announced the legal proceedings regarding the case filed by state-owned El Nasr Housing and Development have been suspended for another four weeks “with the purpose of reaching a settlement"

HHD Calls for Private Partner to Take Over Management

Heliopolis Housing and Development (HHD) announced its invitation for private investors to qualify as eligible bidders to take over the company's management

Inertia’s The Cribs Among Final Candidates for Cityscape Awards

Egypt's property developer Inertia announced that its The Cribs Neighborhood project in Jefaira, located on the North Coast, has been a finalist at the Cityscape Awards for the Emerging Markets for future residential projects

CIRA Inks EBRD Funding Deal for University in Upper Egypt

Cairo for Investment and Real Estate Development (CIRA) signed an agreement with the European Bank for Reconstruction and Development (EBRD) for an EGP-denominated facility worth EUR 25 mn ( EGP 442.78 mn) to set up a university in west Assiut’s Nasser City

SODIC’s “The Estates” Records EGP 1 bn Presales

Sixth of October Development and Investment Company (SODIC) has achieved EGP 1 bn in presales of its all-villa signature community, “The Estates,” on September 28 during the first day of the launch

PHD Implements EGP 300 mn Hotels on North Coast

Palm Hills Developments (PHD) has invested nearly EGP 300 mn in the Egyptian hospitality industry to implement two niche boutique hotels within Hacienda White and Hacienda Bay, its flagship projects on the North Coast.

Meraas, Brookfield Form AED 5 bn Retail JV

Dubai-based Meraas Holding has entered an AED 5 bn joint venture (JV) with Canada’s Brookfield Asset Management to jointly own and operate the latter developer's retail assets across the GCC region.

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