Heliopolis Company for Housing & Development targets building 1,036 houses in FY2017-18 and generating sales of EGP 1.2 bn, according to an EGX filing. The company will also be offering 193 feddans in the new administrative capital for commercial and residential development projects on a partnership basis. We noted in yesterday's issue Heliopolis Housing is launching a new USD 2 bn housing project in New Heliopolis.

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