{"id":652311,"date":"2017-01-05T04:10:11","date_gmt":"2017-01-05T04:10:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/"},"modified":"2017-01-05T04:10:11","modified_gmt":"2017-01-05T04:10:11","slug":"palm-hills-buys-190-feddan-plot-in-sixth-of-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/","title":{"rendered":"Palm Hills buys 190 feddan plot in Sixth of October"},"content":{"rendered":"<p>Palm Hills Developments bought a 190 feddan plot in Sixth of October for EGP 2,440 per sqm, according to <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/197570_2.pdf\">a bourse statement<\/a>. 15% of the cost is payable to the Housing Ministry this month and the remainder is payable over seven equal annual installments after a three-year grace period. \u201cThe land plot is strategically located adjacent to the Company\u2019s existing developments in West Cairo including Palm Hills Golf Views and Golf Extension. The Company is currently finalizing the project\u2019s master plan which is expected to include standalone units and commercial services, with new sales and reservations planned for this year.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palm Hills Developments bought a 190 feddan plot in Sixth of October for EGP 2,440 per sqm, according to a bourse statement. 15% of the cost is payable to the Housing Ministry this month and the remainder is payable over seven equal annual installments after a three-year grace period. \u201cThe land plot is strategically located [&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-652311","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"ccfaae6f-67bc-4475-a7dc-8f51eeccc798","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652283],"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>Palm Hills buys 190 feddan plot in Sixth of October - 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\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palm Hills buys 190 feddan plot in Sixth of October\" \/>\n<meta property=\"og:description\" content=\"Palm Hills Developments bought a 190 feddan plot in Sixth of October for EGP 2,440 per sqm, according to a bourse statement. 15% of the cost is payable to the Housing Ministry this month and the remainder is payable over seven equal annual installments after a three-year grace period. \u201cThe land plot is strategically located [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-05T04:10:11+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\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Palm Hills buys 190 feddan plot in Sixth of October\",\"datePublished\":\"2017-01-05T04:10:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/\"},\"wordCount\":108,\"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\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/palm-hills-buys-190-feddan-plot-in-sixth-of-october\/\",\"name\":\"Palm Hills buys 190 feddan plot in Sixth of October - 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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":602387,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/palm-hills-mulls-getting-up-to-200-feddans-in-new-mansoura-city\/","url_meta":{"origin":652311,"position":2},"title":"Palm Hills mulls getting up to 200 feddans in New Mansoura City","author":"enterpriseam admin","date":"26 March 2019","format":false,"excerpt":"Luxury real estate developer Palm Hills is considering purchasing a 100-200 feddan land plot in New Mansoura City under a public-private partnership, Real Estate Portfolio Director Tarek El Ghamrawy told reporters. El Ghamrawy did not disclose further details on what the developer intends to do with the land.","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":591885,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/palm-hills-signs-egp-1-1-bn-medium-term-loan-agreement-with-cib-to-refinance-debt\/","url_meta":{"origin":652311,"position":3},"title":"Palm Hills signs EGP 1.1 bn medium-term loan agreement with CIB to refinance debt","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"DEBT WATCH- Palm Hills Developments (PHD) has signed a EGP 1.1 bn medium-term loan agreement with CIB to refinance some of its existing debt, according to a statement. The facility will replace an existing EGP 2.4 bn syndicated medium-term loan previously granted by the Arab African International Bank along with\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":593437,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/emaar-misr-purchases-new-land-in-sheikh-zayed-extension\/","url_meta":{"origin":652311,"position":4},"title":"Emaar Misr purchases new land in Sheikh Zayed extension","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"Emaar Misr has purchased a 500-feddan land plot in Sheikh Zayed extension for an undisclosed amount, head of the Sheikh Zayed City Development Authority Mostafa Fahmy said, according to Mubasher. A separate report from the news outlet indicates the property developer also purchased 68.5 feddans in the same area. While\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":557678,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/28\/palm-hills-to-borrow-egp-2-5-bn-for-new-cairo-project\/","url_meta":{"origin":652311,"position":5},"title":"Palm Hills to borrow EGP 2.5 bn for New Cairo project","author":"enterpriseam admin","date":"28 September 2021","format":false,"excerpt":"A Palm Hills Development (PHD) subsidiary will borrow EGP 2.5 bn from Banque Misr and the National Bank of Egypt after signing a long-term financing agreement with the banks, NBE said in a statement (pdf) yesterday. 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