Palm Hills’ Sales Inch Up to EGP 2.2 bn in Q1

Egypt’s Palm Hills Developments (PHD) posted EGP 2.2 bn sales (residential and commercial) in Q1 2019, with 374 units sold in total, marking a 5% surge YoY that arisen notably from continued uptake of launched pro ...

Mabany Edris to Inaugurate 6th of October City’s The Block in H2 2020

Egypt's property developer Mabany Edris has announced plans to inaugurate its newest mixed-use project in 6th of October City, "The Block," during H2 2020, with investments estimated at EGP 200 mn.

Arkan Palm, Gensler Sign Deal to Develop Designs for 205-Acre Project

Arkan Palm for Real Estate Investment Company, a subsidiary of Palm Hills Developments, and Gensler, a global design and architecture firm, signed on May 22 a contract to develop designs and a detailed masterplan ...

Gov’t Builds 15,936 Housing Units in New Mansoura’s JANNA, Sakan Misr

New Mansoura saw about 4,704 residential units, within 196 buildings, 79% completed in Sakan Misr medium-income project.

Egyptian Real Estate Council Proposes Building Social Housing for Youth: Official

Chairman of Egyptian Real Estate Council (ERC) Adel Lotfy said a draft proposal has been completed for the development of social housing projects for young people in partnership with the government

NUCA Allocates 113 Plots in 24 New Cities in 2018

The New Urban Communities Authority (NUCA) has allocated 113 plots, with a total area of 2,530 acres, in 24 new cities during 2018, in a bid to meet the country's investment demands and accelerate the development ...

Housing Ministry to Establish 1.1 mn Residential Units in 5 Yrs: Official

Khaled Abbas, deputy minister of housing, utilities, and urban communities for national projects, has stated that the ministry is planning to establish 1.1 mn residential units during the upcoming five years.

NUCA to Offer 1,982 Plots in 13 New Cities

The New Urban Communities Authority (NUCA) is offering 1,982 plots in 13 new cities for different income classes, through a land lottery system, starting April 7.

NUCA Offers 2,108 Plots in 8 New Cities via Lottery System

The New Urban Communities Authority (NUCA) is offering 2,108 plots in eight new cities, ranging from 209 to 287 square meters, for varying income classes through a land lottery system.

Palm Hills, NUCA Agree to Co-Develop Mixed-Use Project in West Cairo

Palm Hills Developments announced on March 24 that its subsidiary, Arkan Palm for Real Estate Investment Company has signed a co-development deal with the New Urban Communities Authority (NUCA) to develop a mixed- ...

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