{"id":599062,"date":"2019-06-17T04:00:33","date_gmt":"2019-06-17T04:00:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/"},"modified":"2019-06-17T04:00:33","modified_gmt":"2019-06-17T04:00:33","slug":"heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/","title":{"rendered":"Heliopolis Housing sells eight Sheraton plots for EGP 66.8 mn"},"content":{"rendered":"

Heliopolis Housing has sold eight plots of land in Sheraton for a total value of EGP 66.8 mn, the company said in an EGX disclosure (pdf)<\/a> without specifying a timeframe. The Public Enterprises Ministry and the Holding Company for Construction and Development decided last week<\/a> to hand the company\u2019s management to a private investor.<\/p>\n","protected":false},"excerpt":{"rendered":"

Heliopolis Housing has sold eight plots of land in Sheraton for a total value of EGP 66.8 mn, the company said in an EGX disclosure (pdf) without specifying a timeframe. The Public Enterprises Ministry and the Holding Company for Construction and Development decided last week to hand the company\u2019s management to a private investor.<\/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":[9304],"tags":[72,157,8276,7111,83,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599062","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-heliopolis-housing-and-development","tag-housing","tag-infrastructure","tag-real-estate","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"83603ef8-6829-42a0-9b56-4e7df5c6ea68","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599032],"teaser":"","voice_url":""},"yoast_head":"\nHeliopolis Housing sells eight Sheraton plots for EGP 66.8 mn - 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\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heliopolis Housing sells eight Sheraton plots for EGP 66.8 mn\" \/>\n<meta property=\"og:description\" content=\"Heliopolis Housing has sold eight plots of land in Sheraton for a total value of EGP 66.8 mn, the company said in an EGX disclosure (pdf) without specifying a timeframe. The Public Enterprises Ministry and the Holding Company for Construction and Development decided last week to hand the company\u2019s management to a private investor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-17T04:00:33+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Heliopolis Housing sells eight Sheraton plots for EGP 66.8 mn\",\"datePublished\":\"2019-06-17T04:00:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/\"},\"wordCount\":63,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Heliopolis Housing and Development\",\"housing\",\"infrastructure\",\"real estate\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/\",\"name\":\"Heliopolis Housing sells eight Sheraton plots for EGP 66.8 mn - 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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":603379,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/heliopolis-housing-to-begin-auctioning-land-in-sheraton-next-month\/","url_meta":{"origin":599062,"position":1},"title":"Heliopolis Housing to begin auctioning land in Sheraton next month","author":"enterpriseam admin","date":"21 April 2019","format":false,"excerpt":"Heliopolis Company for Housing and Development will begin auctioning 44 of its land plots in Sheraton, Heliopolis on 2 May, Managing Director for Financial Affairs Sahar El Damati told reporters, according to the local press. El Damat did not offer further details on the expected profits from the auction. 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The company sold units worth EGP 34.3 mn in New Heliopolis, EGP 24.7 mn from the project in Sheraton, and EGP 12.1 mn from its project in Obour.","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":603157,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/","url_meta":{"origin":599062,"position":4},"title":"Heliopolis Housing postpones auction to sell Sheraton land","author":"enterpriseam admin","date":"16 April 2019","format":false,"excerpt":"Heliopolis Company for Housing and Development has postponed an auction to sell a land plot in Sheraton, Heliopolis in light of recent government amendments to the building regulations, the company said in a press release (pdf). The amendments include allowing the company to build up to six floors, build two\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":588254,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/08\/a-saudi-suitor-for-heliopolis-housing\/","url_meta":{"origin":599062,"position":5},"title":"A Saudi suitor for Heliopolis Housing?","author":"enterpriseam admin","date":"8 June 2023","format":false,"excerpt":"A Saudi takeover in the cards for Heliopolis Housing? Heliopolis Housing and Development (HHD) has denied reports in the local media that Saudi real estate developer Alameriah is offering to buy a 70% stake in the company for USD 400 mn, Asharq Business reports. 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