{"id":603157,"date":"2019-04-16T03:54:20","date_gmt":"2019-04-16T03:54:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/"},"modified":"2019-04-16T03:54:20","modified_gmt":"2019-04-16T03:54:20","slug":"heliopolis-housing-postpones-auction-to-sell-sheraton-land","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/","title":{"rendered":"Heliopolis Housing postpones auction to sell Sheraton land"},"content":{"rendered":"<p>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 <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D8%B5%D8%B1%20%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9%20%D8%A8%D9%8A%D8%A7%D9%86-15-04-2019.pdf\">said in a press release (pdf)<\/a>. The amendments include allowing the company to build up to six floors, build two basements instead of one, and use the land plot for commercial or administrative activities (as opposed to only religious). Managing director for financial affairs Sahar El Damaty <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/11\/heliopolis-housing-planning-to-list-32-25-stake-by-mid-2019\/\">said last month<\/a> the company was planning to offer a 32.25% stake on the EGX by mid-2019. She said earlier this week that the stake sale would follow planned land plot sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 basements instead of one, and [&hellip;]<\/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":[7097,72,8276,7111,83,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603157","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-development","tag-enterpriseam","tag-housing","tag-infrastructure","tag-real-estate","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"c088e9f0-4418-48bf-b64c-0a1b42e6a202","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[603129],"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>Heliopolis Housing postpones auction to sell Sheraton land - 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\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heliopolis Housing postpones auction to sell Sheraton land\" \/>\n<meta property=\"og:description\" content=\"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 basements instead of one, and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-16T03:54:20+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\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Heliopolis Housing postpones auction to sell Sheraton land\",\"datePublished\":\"2019-04-16T03:54:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"EnterpriseAM\",\"housing\",\"infrastructure\",\"real estate\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/heliopolis-housing-postpones-auction-to-sell-sheraton-land\/\",\"name\":\"Heliopolis Housing postpones auction to sell Sheraton land - 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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":597825,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-state-owned-hhd-sells-1980-feddan-land-in-sheraton-new-cairo\/","url_meta":{"origin":603157,"position":1},"title":"Egypt\u2019s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":603379,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/heliopolis-housing-to-begin-auctioning-land-in-sheraton-next-month\/","url_meta":{"origin":603157,"position":2},"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. The\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":599062,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/heliopolis-housing-sells-eight-sheraton-plots-for-egp-66-8-mn\/","url_meta":{"origin":603157,"position":3},"title":"Heliopolis Housing sells eight Sheraton plots for EGP 66.8 mn","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"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\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":598061,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/egypts-state-owned-hhd-puts-32-land-plots-in-sheraton-heliopolis-up-for-sale\/","url_meta":{"origin":603157,"position":4},"title":"Egypt\u2019s state-owned HHD puts 32 land plots in Sheraton, Heliopolis up for sale","author":"enterpriseam admin","date":"13 May 2019","format":false,"excerpt":"Heliopolis Housing and Development (HHD) is selling 32 land plots it owns in Sheraton, Heliopolis, through direct order agreements, 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\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","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":593727,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/hhd-to-auction-el-shorouk-land-plots\/","url_meta":{"origin":603157,"position":5},"title":"HHD to auction El Shorouk land plots","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"Heliopolis Housing and Development (HHD) will sell an undisclosed number of land plots in El Shorouk City in an open auction on 29 October, according to Hapi Journal. The plots of land range between one and 30 acres in size and can be used for residential, administrative, or commercial purposes.\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\/603157","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=603157"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/603157\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/603129"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=603157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=603157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=603157"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=603157"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=603157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}