"BRETT SIEGEL IS ONE OF THE MOST KNOWLEDGEABLE PEOPLE IN MIDDLE EAST REAL ESTATE. I HIGHLY RECOMMEND READING UAE MEGA PROJECTS." Khizer Schon Husain, VP, Schon Properties, Dubai

Thursday, October 2, 2008

Palm Hills Developments, Egypt

Established in 2005 by Mansour and Maghraby Investment and Development, Palm Hills Developments (PHD) is one of Egypt's premier Mega Project Developers. The company is not very well known outside of Egypt, and perhaps many of you have never heard of PHD, but Palm Hills is developing some of the most impressive projects in the Middle East. According to PHD:

'Our mission to redefine real estate development is focused on building into three directions: our diversified land bank, creative architecture and design, and high quality delivery and upkeep.

'Interweaving these three fundamental cornerstones, we began making our plans; initiating and implementing our strategic long-term ideas to meet the industry’s growing demands whilst ensuring the sustainability of such developments across the board.

'At PHD we uphold our reputation by continuing to deliver quality. Each PHD development project features solid construction principles with aesthetic charm, providing detail and efficiencies that go further than just their visible appeal.'

I will now cover the PHD Mega Projects by location.

6TH OF OCTOBER:

> Palm Hills October. A 535,000 sqm gated luxury residential community that will feature The Club, a state-of-the-art sports and recreational facility that includes the five star Bodhi Spa, as well as a football club and a tennis academy.

> Palm Hills Golf Club & Resort. An upscale residential community containing the first 27-hole golf course in Egypt exclusively designed by Nicklaus Design. It also contains a membership-only club in addition to many other top notch services and facilities.

> Palm Parks. This is a commercial and residential development made up mostly of office buildings. Palm Parks has been designed to be a commercial and financial hub.

NEW CAIRO:

> Palm Hills Katameya. A residential community offering tailor-made, flexible sizes and designs for each individual home. Katameya is designed to be a haven from the hustle and bustle of city life.

> The Village & The Village Gate. Two residential communities that focus on young people, both located close to American University in Cairo. The architecture of the project is trendy and contemporary. Restaurants, a mall and cinema complex, and health clubs are all part of what is offered at these two projects.

RED SEA:

> Palm Hills Sokhna. A luxurious mountain and seaside resort located in Ain El Sokhna. Facilities will include: villas, chalets, hotels, spa and gym, restaurants, night clubs, etc.

CAIRO ALEXANDRIA ROAD:

> CASA. A 1200 unit apartment complex located on 294,000 sqm of land. CASA will include amenities such as club house and spa, swimming pools, tennis courts, children's play areas, restaurants, etc.

NORTH COAST:

> Hacienda Bay. An upscale 2,305,800 sqm beach resort with signature golf course, hotels, holistic spa, "party beaches," town homes, chalets and villas.

The Palm Hills Developments are leading the way in the rapid real estate expansion occurring in Egypt. Like the UAE, Egypt has incredible potential for Mega Project growth and Palm Hills Developments is a primary player in the industry!

This link takes you to the Palm Hills Developments website:

http://www.palmhillsdevelopments.com

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