Palm Hills Development was founded in 2005 by Mansour and Maghraby Investment and Development Company, and is specialized in developing integrated residential and commercial real estate, and resort projects. It is listed on the Cairo-Alexandria and London Stock Exchanges. It owns one of the largest land banks in Egypt and has maintained 24 projects located nationwide, with a total area of 26.4 million square meters, located in east and west Cairo, as well as the North Coast.
The company has become a prominent real estate developer with a strategy to develop its current inventory of 337,000 square meters of lands for commercial and retail developments. The growth of this commercial segment will contribute approximately 25% of the company’s consolidated net income by 2020.
Hacienda White
One of Palm Hills’ projects located in Egypt’s North Coast, Hacienda is built on total land area of 687,000 square meters, with a total built up area of 189,000 square meters so far that includes 1,095 units. It targets elite vacationers who wish to spend a good time around exclusive surroundings, beautiful nature, luxurious homes, and high- quality entertainment all summer long.
The project includes
- Large beach side lagoons
- Club house
- Boutique hotel
Amenities
- Spa
- Corte Mall
- Retail shops
- Coffee shops
- Dining areas