Palm Hills Developments is a leading real estate company in the Egyptian market, primarily developing integrated residential, commercial real estate and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols "PHDC.CA" and "PHDC.LI" respectively, was the result of a vision to create self-sufficient and well integrated communities. Presently Palm Hills Developments possesses one of the largest land banks in the country and is rapidly growing into a regional player, thanks to a geographically diversified land bank suitable for the development of a broad range of real estate products all fashioned to cater for customers' need gaps and preferences. Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company's product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast]. The land bank includes 757,000 sqm of land earmarked for Commercial/Retail developments, with ambitions to have such properties contribute around 25% of the Company's consolidated Net Income by 2020.
View Top Employees from Palm Hills DevelopmentsWebsite | http://www.palmhillsdevelopments.com |
Ticker | PHDC |
Revenue | $412.8 million |
Employees | 1,211 (903 on RocketReach) |
Founded | 2005 |
Address | a4-b83 km28 Smart Vlg, Cairo, Cairo, EG |
Phone | +20 2 35351200 |
Fax | +20 2 35351200 |
Technologies |
JavaScript,
HTML,
Twitter
+75 more
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Industry | Real Estate |
Web Rank | 3 Million |
Keywords | Real Estate Development, Luxury Resort, Integrated Communities, Residential Real Estate, Real Estate Portfolio, International Real Estate |
SIC | SIC Code 154 Companies, SIC Code 153 Companies, SIC Code 15 Companies |
NAICS | NAICS Code 23 Companies, NAICS Code 2362 Companies, NAICS Code 236220 Companies, NAICS Code 23622 Companies, NAICS Code 236 Companies |
Looking for a particular Palm Hills Developments employee's phone or email?
The Palm Hills Developments annual revenue was $412.8 million in 2024.
Ahmed Atalla is the Senior Vice President of Palm Hills Developments.
903 people are employed at Palm Hills Developments.
Palm Hills Developments is based in Cairo, Cairo.
The NAICS codes for Palm Hills Developments are [23, 2362, 236220, 23622, 236].
The SIC codes for Palm Hills Developments are [154, 153, 15].