{"id":637854,"date":"2017-11-27T03:56:46","date_gmt":"2017-11-27T03:56:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/marseilia-real-estate-signs-egp-1-bn-with-contractors-for-marseilia-beach-4\/"},"modified":"2017-11-27T03:56:46","modified_gmt":"2017-11-27T03:56:46","slug":"marseilia-real-estate-signs-egp-1-bn-with-contractors-for-marseilia-beach-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/marseilia-real-estate-signs-egp-1-bn-with-contractors-for-marseilia-beach-4\/","title":{"rendered":"Marseilia Real Estate signs EGP 1 bn with contractors for Marseilia Beach 4"},"content":{"rendered":"<p>Marseilia Real Estate Investment signed EGP 1 bn with contractors for the second phase of their North Coast project Marseilia Beach 4,<a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1223547\">according to AMAY<\/a>. The 150 feddan phase is being implemented over the next two years and will consist of 1,600 homes with a total investment of EGP 2 bn. The first phase has already been completed and delivered with sales of EGP 411 mn. The group\u2019s residential project in Alexandria \u2018Hayat Alex Park\u2019 is targeting an investment of EGP 3 bn, <a href=\"https:\/\/alborsanews.com\/2017\/11\/26\/1067843\">reported Al Borsa<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marseilia Real Estate Investment signed EGP 1 bn with contractors for the second phase of their North Coast project Marseilia Beach 4,according to AMAY. The 150 feddan phase is being implemented over the next two years and will consist of 1,600 homes with a total investment of EGP 2 bn. The first phase has already [&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":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637854","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"a0919a33-aaef-4a63-903f-4f9bb6040e40","order":"0","is_powered_by":true,"section_story_id":"0866f426-a666-47e8-879c-45dc11fa0d1f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637828],"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>Marseilia Real Estate signs EGP 1 bn with contractors for Marseilia Beach 4 - 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\/2017\/11\/27\/marseilia-real-estate-signs-egp-1-bn-with-contractors-for-marseilia-beach-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marseilia Real Estate signs EGP 1 bn with contractors for Marseilia Beach 4\" \/>\n<meta property=\"og:description\" content=\"Marseilia Real Estate Investment signed EGP 1 bn with contractors for the second phase of their North Coast project Marseilia Beach 4,according to AMAY. The 150 feddan phase is being implemented over the next two years and will consist of 1,600 homes with a total investment of EGP 2 bn. 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The company had submitted a request to the New Administrative Capital Company for Urban Development (NACCUD) to acquire 100\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":570253,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/marseilia-group-to-obtain-egp-1-bn-loan-from-nbe-to-quickly-finish-projects\/","url_meta":{"origin":637854,"position":1},"title":"Marseilia Group to obtain EGP 1 bn loan from NBE to quickly finish projects","author":"enterpriseam admin","date":"24 March 2020","format":false,"excerpt":"Marseilia Group is looking to arrange a EGP 1 bn loan from the National Bank of Egypt to accelerate the construction of ongoing and upcoming projects, Chairman Sherif Heliw said, according to Hapi Journal.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598319,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/fra-approves-marseilia-groups-egp-12-mn-capital-increase\/","url_meta":{"origin":637854,"position":2},"title":"FRA approves Marseilia Group\u2019s EGP 12 mn capital increase","author":"enterpriseam admin","date":"21 May 2019","format":false,"excerpt":"The Financial Regulatory Authority (FRA) has approved the EGP 12 mn capital increase of real estate company Marseilia Group, according to an EGX disclosure (pdf). The company will raise its capital to EGP 72 mn by issuing 1-for-5 shares. The increase will be financed by retained earnings and profits from\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634163,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/marseilia-group-to-develop-amlak-finance-owned-land-plot-in-nasr-city\/","url_meta":{"origin":637854,"position":3},"title":"Marseilia Group to develop Amlak Finance-owned land plot in Nasr City","author":"enterpriseam admin","date":"8 January 2018","format":false,"excerpt":"Real estate developer Marseilia Group announced signing an MoU with UAE-based Amlak Finance to develop a project in Nasr City, according to a DFM disclosure. Amlak will provide a 42,676 sqm land plot overlooking Al Ahly Club for the development, which will include residential and administrative buildings, a hotel, and\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":561006,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/22\/marseilia-plans-egx-upgrade-this-year\/","url_meta":{"origin":637854,"position":4},"title":"Marseilia plans EGX upgrade this year","author":"enterpriseam admin","date":"22 March 2021","format":false,"excerpt":"Real estate firm Marseilia Group plans to jump from the small-cap Nilex to the EGX before the end of this year, Vice President for Commercial Sector Affairs Mysarra Ashour told us. 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