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Palm Hills, NUCA sign 205 feddan mixed-use development agreement

Palm Hills Developments announced, on Sunday, that that its subsidiary, Arkan Palm for Real Estate Investment Company, of which Palm Hills owns 40% stake, signed a mixed-use co-development agreement with the New Urban Communities Authority (NUCA) on a revenue sharing basis. The project will be built over 205 feddan in Sheikh Zayed City. It will …

Daily News Egypt

Palm Hills increases its sales by 18% in FY 18

Palm Hills Developments has achieved EGP 12.5bn sales in its project with an increase of 18% Y-o-Y, according to consolidated financial statements for the last quarter (Q4) of 2018. The statement said that the company has succeeded in selling 3,102 units in fiscal year (FY) 2018, compared to 2,136 units in FY 2017. The company …

Daily News Egypt