Palm Hills :-
Palm Hills New Cairo New Cairo is a new mixed-use community providing balance and diversity of housing types, natural backdrops, commercial services and recreational amenities for its residents and nearby visitors. It is influenced by the local area and is centered on creating a community of pedestrian-scaled, tree shrouded neighorhoods, and each focused on a central park and social areas featuring services such as the community center. These lush green neighborhoods are sustainably balanced by the unique natural landscape features of the site. Street landscaping, entries, walls and fences, signage and other elements will be designed as an integrated system for each neighborhood. Each neighborhood will have its own exclusive community center, which will be the focal point for all communal activities.
About Palm Hills New Cairo New Cairo Developments :-
Palm Hills New Cairo New Cairo Developments is a leading real estate company in the Egyptian market, primarily developing integrated residential, commercial real estate and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols “PHDC.CA” and “PHDC.LI” respectively, was the result of a vision to create self-sufficient and well integrated communities.
Presently Palm Hills New Cairo Developments possesses one of the largest land banks in the country and is rapidly growing into a regional player, thanks to a geographically diversified land bank suitable for the development of a broad range of real estate products all fashioned to cater for customers’ need gaps and preferences.
Currently, Palm Hills New Cairo Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company’s product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast].
The land bank includes 757,000 sqm of land earmarked for Commercial/Retail developments, with ambitions to have such properties contribute around 25% of the Company’s consolidated Net Income by 2020.