{"id":559367,"date":"2021-01-19T03:43:52","date_gmt":"2021-01-19T03:43:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/"},"modified":"2021-01-19T03:43:52","modified_gmt":"2021-01-19T03:43:52","slug":"a-handful-of-updates","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/","title":{"rendered":"A handful of updates"},"content":{"rendered":"<p>There\u2019s plenty of real estate news this morning:<\/p>\n<ul>\n<li><strong>Al Ahly Sabbour Developments and Hyde Park Developments subsidiary Founders <\/strong>have launched their EGP 26 bn Gardenia City project on the Suez and Ring Roads, <a href=\"https:\/\/bit.ly\/3bMSyVy\">Al Mal<\/a> reports. The project spans 513 feddans and will include 19.5k homes.<\/li>\n<li><strong>H<\/strong><strong>ilton<\/strong> signed a management <a href=\"https:\/\/ent.news\/2021\/1\/HGI-Cairo-East-Signing-Announcement_En_final.docx.pdf\">agreement (pdf)<\/a> with <strong>Leopard Construction<\/strong> for the third Hilton Garden Inn hotel in Egypt, which is scheduled to open in 2024.<\/li>\n<li><strong>Heliopolis Housing<\/strong> will offer two plots of 270 feddans in New Heliopolis in a <a href=\"https:\/\/ent.news\/2021\/1\/Heliopolis-auction.pdf\">public auction<\/a> on 15 February.<\/li>\n<li>The borders of <strong>New Cairo <\/strong>and <strong>Shorouk City<\/strong> have also been redefined according to a <a href=\"https:\/\/bit.ly\/35MA7N1\">Housing Ministry decree<\/a> that sets the northernmost border of the former and the southernmost border of the latter as the Cairo-Suez road.<\/li>\n<li>The New Urban Communities Authority has <strong>temporarily suspended all real estate auctions<\/strong> in new cities as a precautionary measure to prevent gatherings in light of covid-19, according to a cabinet <a href=\"https:\/\/bit.ly\/2M5jxAH\">statement<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s plenty of real estate news this morning: Al Ahly Sabbour Developments and Hyde Park Developments subsidiary Founders have launched their EGP 26 bn Gardenia City project on the Suez and Ring Roads, Al Mal reports. The project spans 513 feddans and will include 19.5k homes. Hilton signed a management agreement (pdf) with Leopard Construction [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":559368,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7371],"tags":[576,72,157,955,1719,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-banque-misr","tag-enterpriseam","tag-heliopolis-housing-and-development","tag-hospitality","tag-housing-ministry","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"02b6adb6-80e8-4a97-b001-c1850d78f1f7","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/1\/227.jpg","photo_position":"above","related_issue":[559353],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A handful of updates - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A handful of updates\" \/>\n<meta property=\"og:description\" content=\"There\u2019s plenty of real estate news this morning: Al Ahly Sabbour Developments and Hyde Park Developments subsidiary Founders have launched their EGP 26 bn Gardenia City project on the Suez and Ring Roads, Al Mal reports. The project spans 513 feddans and will include 19.5k homes. Hilton signed a management agreement (pdf) with Leopard Construction [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-19T03:43:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/227.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A handful of updates\",\"datePublished\":\"2021-01-19T03:43:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/\"},\"wordCount\":159,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/227.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Banque Misr\",\"EnterpriseAM\",\"Heliopolis Housing and Development\",\"hospitality\",\"Housing Ministry\",\"real estate\"],\"articleSection\":[\"Real estate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/\",\"name\":\"A handful of updates - 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The land plot is on Cairo-Suez Desert Road and the development aims to serve the New Heliopolis project. It is set to include\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648524,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/sodic-completes-master-plan-for-655-feddans-project-in-new-heliopolis\/","url_meta":{"origin":559367,"position":1},"title":"SODIC completes master plan for 655 feddans project in New Heliopolis","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"SODIC submitted the master plan for developing 655 feddans in New Heliopolis in partnership with Heliopolis Housing, which announced the news in an regulatory disclosure. SODIC confirmed the news, adding it contracted international design firm Sasaki for the plan, which Heliopolis Company approved. The project is expected to be launched\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598233,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/19\/egypts-hhd-plans-to-auction-190-feddan-in-heliopolis-as-part-of-sell-off-plan\/","url_meta":{"origin":559367,"position":2},"title":"Egypt\u2019s HHD plans to auction 190-feddan in Heliopolis as part of sell off plan","author":"enterpriseam admin","date":"19 May 2019","format":false,"excerpt":"Heliopolis Housing and Development (HHD) is planning to auction another land plot in Heliopolis as part of its plans to sell off a total of 190 feddans to finance debt repayment and investment, HHD\u2019s Sahar Al Damati said, according to the local press. The company is also selling 32 plots\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645554,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/","url_meta":{"origin":559367,"position":3},"title":"Heliopolis Housing launching new housing project at New Heliopolis","author":"enterpriseam admin","date":"24 July 2017","format":false,"excerpt":"Heliopolis Company for Housing and Development says it is launching a new housing project on 100 feddans at New Heliopolis, Reuters reports. The project will take five years and be developed over three phases at a cost of EGP 2 bn and an expected revenue of EGP 4 bn. Heliopolis\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645781,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/heliopolis-housing-approves-sodics-master-plan-for-new-heliopolis\/","url_meta":{"origin":559367,"position":4},"title":"Heliopolis Housing approves SODIC\u2019s master plan for New Heliopolis","author":"enterpriseam admin","date":"30 July 2017","format":false,"excerpt":"Heliopolis Housing and Development signed off on SODIC\u2019s master plan for developing 655 feddans in New Heliopolis, which it had submitted in April, Al Masry Al Youm reports. SODIC is expected to launch the first phase of the project in October, Heliopolis Housing deputy chairman Wael Youssef says. As we\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652613,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/sodic-denies-delaying-submitting-plan-to-develop-project-with-heliopolis-housing-to-september-launch-on-track\/","url_meta":{"origin":559367,"position":5},"title":"SODIC denies delaying submitting plan to develop project with Heliopolis Housing to September, launch on track","author":"enterpriseam admin","date":"15 January 2017","format":false,"excerpt":"SODIC says it only delayed submitting the general plan for developing 655 feddans with Heliopolis Housing by 10 weeks to March 2017, according to a bourse statement. There were rumors, denied by SODIC, that the company was looking to delay submitting the development plan until September. SODIC adds the extension\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=559367"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559367\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/559368"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559367"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559367"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}