{"id":633178,"date":"2018-02-28T04:23:36","date_gmt":"2018-02-28T04:23:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/"},"modified":"2018-02-28T04:23:36","modified_gmt":"2018-02-28T04:23:36","slug":"mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/","title":{"rendered":"MNHD targets contracted sales of up to EGP 6 bn in 2018"},"content":{"rendered":"

Madinet Nasr Housing and Development (MNHD) is targeting contracted sales of EGP 5.5-6 bn during 2018, the company said in a bourse statement (pdf)<\/a>. MNHD sees new phases of the Taj City reeling in EGP 2.5-3 bn, while contracted sales for its Sarai projects are projected to reach EGP 2-3 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Madinet Nasr Housing and Development (MNHD) is targeting contracted sales of EGP 5.5-6 bn during 2018, the company said in a bourse statement (pdf). MNHD sees new phases of the Taj City reeling in EGP 2.5-3 bn, while contracted sales for its Sarai projects are projected to reach EGP 2-3 bn.<\/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":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-633178","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"fc614e5c-2e0f-4e6d-a5b7-95291ca4ee97","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"MNHD targets contracted sales of up to EGP 6 bn in 2018","related_issue":[633142],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1b6ae4f7-38fd-4d65-9683-c8d7d1991955.mp3"},"yoast_head":"\nMNHD targets contracted sales of up to EGP 6 bn in 2018 - 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\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MNHD targets contracted sales of up to EGP 6 bn in 2018\" \/>\n<meta property=\"og:description\" content=\"Madinet Nasr Housing and Development (MNHD) is targeting contracted sales of EGP 5.5-6 bn during 2018, the company said in a bourse statement (pdf). MNHD sees new phases of the Taj City reeling in EGP 2.5-3 bn, while contracted sales for its Sarai projects are projected to reach EGP 2-3 bn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-28T04:23:36+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\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MNHD targets contracted sales of up to EGP 6 bn in 2018\",\"datePublished\":\"2018-02-28T04:23:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/\"},\"wordCount\":60,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/mnhd-targets-contracted-sales-of-up-to-egp-6-bn-in-2018\/\",\"name\":\"MNHD targets contracted sales of up to EGP 6 bn in 2018 - 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The record sales were achieved primarily through the company\u2019s flagship project Taj City,\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":638694,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/","url_meta":{"origin":633178,"position":1},"title":"MNHD contracted sales grow 13% y-o-y in 3Q2017","author":"enterpriseam admin","date":"11 October 2017","format":false,"excerpt":"Madinet Nasr for Housing and Development (MNHD) reported that contracted sales for 3Q2017 grew 13% y-o-y to EGP 1.2 bn in a bourse filing on Tuesday (pdf). The growth was attributed to the continued rollout of consecutive launches at both Taj City and SARAI, said CEO Ahmed El Hitamy.","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":648357,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/egp-5-bn-in-contracted-sales-targeted-in-2017-mnhds-meet-the-board\/","url_meta":{"origin":633178,"position":2},"title":"EGP 5 bn in contracted sales targeted in 2017 -MNHD\u2019s \u201cMeet the Board\u201d","author":"enterpriseam admin","date":"2 April 2017","format":false,"excerpt":"Madinet Nasr for Housing and Development\u2019s (MNHD) is on track to achieve its target of EGP 5 bn in contracted sales in 2017, said CEO Ahmed El Hitamy at a \u201cMeet the Board\u201d event in Taj City in Cairo which we attended. By the end of 1Q17, MNHD has already\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":623269,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/egypt-real-estate-giants-sodic-mnhd-release-operational-updates-as-they-push-ahead-with-merger\/","url_meta":{"origin":633178,"position":3},"title":"Egypt real estate giants SODIC, MNHD release operational updates as they push ahead with merger","author":"enterpriseam admin","date":"25 October 2018","format":false,"excerpt":"** #3 M&A WATCH- Real estate giants SODIC and MNHD release operational updates. The two players in what we believe is Egypt\u2019s largest-ever domestic merger issued operational updates yesterday as the transaction chugs toward a potential end-of-year close: SODIC sees net contracted sales growing 14% y-o-y 2018: SODIC is anticipating\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":628468,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/earnings-watch-mnhd-centamin-report-1q2018-results\/","url_meta":{"origin":633178,"position":4},"title":"Earnings Watch: MNHD, Centamin report 1Q2018 results","author":"enterpriseam admin","date":"6 May 2018","format":false,"excerpt":"EARNINGS WATCH- Madinet Nasr Housing and Development posted (pdf) a net profit after tax of EGP 313.5 mn in 1Q2018, down from EGP 407.2 mn during the same period last year. Top line was 18% lower y-o-y at EGP 610.8 mn, partially due to pre-sales reaching EGP 1.5 bn \u2014\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":642244,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/earnings-watch-mnhd\/","url_meta":{"origin":633178,"position":5},"title":"Earnings watch- MNHD","author":"enterpriseam admin","date":"9 August 2017","format":false,"excerpt":"EARNINGS WATCH- Madinet Nasr Housing & Development (MNHD) reported a 246% y-o-y increase in consolidated net profits to EGP 509.6 mn for the first half of the year, according to the company\u2019s earnings release (pdf). 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