{"id":597825,"date":"2019-05-06T04:16:48","date_gmt":"2019-05-06T04:16:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/"},"modified":"2019-05-06T04:16:48","modified_gmt":"2019-05-06T04:16:48","slug":"egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/","title":{"rendered":"Egypt\u2019s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo"},"content":{"rendered":"

Heliopolis Housing and Development (HHD) sold a 1,980-feddan land plot in Sheraton<\/b>, Heliopolis, for EGP 99.3 mn at auction on Saturday, the company said in an EGX disclosure (pdf)<\/a>. HHD\u2019s Sahar Al Damati said in March the company is planning to sell off part of its land portfolio in the coming months to finance investment plans. HHD is among the lineup of state-owned companies planning to proceed with additional stake sales on the EGX as part of the state privatization program. The company was originally slated to be among the first, but was dropped<\/a> from the first wave for unspecified reasons. It could either proceed with its planned stake sale in 4Q2019 or be sold to a \u201cstrategic investor,\u201d Public Enterprises Minister Hisham Tawfik said last week<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Heliopolis Housing and Development (HHD) sold a 1,980-feddan land plot in Sheraton, Heliopolis, for EGP 99.3 mn at auction on Saturday, the company said in an EGX disclosure (pdf). HHD\u2019s Sahar Al Damati said in March the company is planning to sell off part of its land portfolio in the coming months to finance investment […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,83,2380,587],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597825","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-real-estate","tag-speed-round","tag-state-privatization-program","wpautop","entry"],"acf":{"mongo_id":"e8ce64cc-ae19-46c5-ac6a-312b7bcb5159","is_powered_by":true,"section_story_id":"a616dd01-1ab5-4c79-b118-882d4c206957","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597812],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo - 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\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo\" \/>\n<meta property=\"og:description\" content=\"Heliopolis Housing and Development (HHD) sold a 1,980-feddan land plot in Sheraton, Heliopolis, for EGP 99.3 mn at auction on Saturday, the company said in an EGX disclosure (pdf). HHD\u2019s Sahar Al Damati said in March the company is planning to sell off part of its land portfolio in the coming months to finance investment […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-06T04:16:48+00:00\" \/>\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\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo\",\"datePublished\":\"2019-05-06T04:16:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/\"},\"wordCount\":138,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"real estate\",\"SPEED ROUND\",\"state privatization program\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/\",\"name\":\"Egypt\u2019s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo - 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HHD\u2019s Sahar Al Damati said in March the company is planning to sell off part of its land portfolio in the coming months\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"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":597825,"position":1},"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 "Real Estate + Housing"","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":601808,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/11\/heliopolis-housing-planning-to-list-32-25-stake-by-mid-2019\/","url_meta":{"origin":597825,"position":2},"title":"Heliopolis Housing planning to list 32.25% stake by mid-2019","author":"enterpriseam admin","date":"11 March 2019","format":false,"excerpt":"IPO WATCH- Heliopolis Housing planning to offer a 32.25% stake on the EGX by mid-2019: Heliopolis Company for Housing and Development (HHD) is planning to offer a 32.25% stake on the EGX by mid-2019, Sahar Al Damati, HDD\u2019s managing director for financial affairs, told Zawya. Public Enterprises Minister Hisham Tawfik\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569702,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/04\/hhd-scraps-share-sale-plans-after-management-tender-flops\/","url_meta":{"origin":597825,"position":3},"title":"HHD scraps share sale plans after management tender flops","author":"enterpriseam admin","date":"4 March 2020","format":false,"excerpt":"PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped its plans to offer a stake of up to 25% as part of the state privatization program, Hesham Aboul Atta, the chairman of HHD\u2019s parent company, the Holding Company for\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/55.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627244,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/","url_meta":{"origin":597825,"position":4},"title":"HHD hires NI Capital to manage October stake sale on EGX","author":"enterpriseam admin","date":"26 July 2018","format":false,"excerpt":"HHD hires NI Capital to manage October stake sale on EGX: Heliopolis for Housing and Development (HHD) chose state-owned investment bank NI Capital to manage the sale of additional company shares on the EGX in October under the state\u2019s privatization program. 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