Heliopolis Housing Posts Sales of EGP 71.07 mn in May

• Monday, 12th June 2017
• by Menna A. Farouk

Egyptian construction company Heliopolis Company for Housing and Development posts sales worth EGP 71.07 mn in May, Invest-Gate reports.  

Egypt’s Amlak Eyes Sales of USD 2.7 mn From Two Housing Projects This Year

• Monday, 12th June 2017
• by Nayrouz Talaat

Egypt’s Amlak Real Estate Investment and Marketing targets achieving sales of EGP 50 mn (USD 2.7 mn) from the first phase of Tala and Eshraka projects within 2017, local media reports.

Heliopolis Housing Mulls Partnership for New Project

• Thursday, 8th June 2017
• by Menna A. Farouk

Egyptian construction company Heliopolis Company for Housing and Development is considering partnership with major companies operating in the field of development and real estate to utilise a plot of land spanning 193 feddans, Invest-Gate reports.

Palm Hills Launches New Sales in Palm Valley Mall, Palm Central

• Wednesday, 7th June 2017
• by Menna A. Farouk

Egyptian real estate developer Palm Hills Developments (PHD) is launching new sales and reservations in Palm Valley Mall and Palm Central in West Cairo, Invest-Gate reports.

Heliopolis Housing Board Nods to Financial Lease Worth EGP 100 mn

• Wednesday, 7th June 2017
• by Menna A. Farouk

Egyptian construction company Heliopolis Company for Housing and Development’s BoD gave the go-ahead to a financial lease worth EGP 100 mn with Global Leasing Company (GLC), Invest-Gate reports.

Remco to Sell All Stella Heights Units Before Year-end

• Wednesday, 7th June 2017
• by Nayrouz Talaat

Remco Tourism Villages Construction is to finish marketing all units of the Stella Heights project by the year’s end, Invest-Gate reports.

Heliopolis Housing to Establish Joint Stock Firm

• Monday, 5th June 2017
• by Nayrouz Talaat

Heliopolis Company for Housing and Development’s Board of Directors approves establishing a joint stock firm with issued capital of EGP 240 mn and paid-up capital worth EGP 24 mn, Invest-Gate reports.

SODIC to Launch New Heliopolis Phase I end 2017

• Monday, 5th June 2017
• by Nayrouz Talaat

Egypt’s property developer, SODIC, announces construction work to begin in its latest flagship New Heliopolis in New Cairo end 2017, Reuters reports

Amer, Porto Ink Deal with Tharwa Capital to Issue Bonds

• Sunday, 4th June 2017
• by Menna A. Farouk

Egyptian real estate developers Amer Group Holding and Porto Group sign an agreement with Egyptian financial investment and advisory firm Tharwa Capital to issue securitization bonds for their real estate portfolios amounting to EGP 233 mn and EGP 48 mn respectively, Invest-Gate reports.

Egyptian Resorts Company Swings to Profits in Q1

• Thursday, 1st June 2017
• by Menna A. Farouk

Egyptian Resorts Company (ERC) posts consolidated net profits of EGP 66.08 mn during the first quarter of 2017, against losses worth EGP 1.42 mn in the prior-year period, Invest-Gate reports.