PALM HILLS 1من اصل2

DEVELOPMETS
THE TRUE MEANING OF SUCCESS
Palm Hills is one of the leading real estate companies in Egypt andthe
Middle East, they play an important role in revitalizing the real estateclimate
with its residential and commercial projects and integratedtourist resorts and
real estate, positioning the Company as the highestelling Egyptian property
developer and the second largest real estatecompany listed on the stock
exchange.
Palm Hills sales in late 2017 reached EGP 9.5 billion, with
investmentsreaching EGP 5 billion at the beginning of the year. The first
nine months of 2017 witnessed a total increase of 41 million square meters
in total land area and the total new sales reached 1709 units, worth EGP
8.1billion, of which EGP 7.6 billion for residential units and EGP 519
millionfor commercial units, according to the results announced by the
company .
During the current period the company is working onits project in the 6th
of October city on an area of 3000acres, which is based on the modern
European city system,which includes all facilities and shrinking the period
of daily needs and mobility for a short period, and isscheduled to be
implemented in 12 years, on The projectis to be divided into 5 or 6 stages
and will include all educational, commercial and residential activities .
The company is waiting for the government’s approval of the heights in its
project in Alexandria to start work in spite of signing the final contract of
the project in September, next to its project in New Cairo that planned to
integrated residential community in East Cairo spreading over 2.1 million
sqm, approximately 500 feddans including 100 feddans reserved for
commercial developments. The project is located in New Cairo, in
proximity new administrative Capita.