Palm Hills Developments

Real EstateCairo, Egypt1001-5000 Employees

Palm Hills Developments is a prominent Egyptian real estate developer focused on creating integrated residential, commercial, and resort communities. It owns one of the nation's largest land banks and manages a portfolio of 26 projects totaling about 27 million square meters in Egypt, with an additional 5 million square meters held for sale in Saudi Arabia. The company's offerings target primary homes in West Cairo and East Cairo and second homes along the North Coast by the Mediterranean. Founded in 2005 by Mansour and Maghraby Investment and Development Company, Palm Hills is headquartered in Cairo and is publicly listed on both the Egyptian and London stock exchanges.

It positions itself as a leading market participant in Egypt's real estate sector, with a strategy to diversify into commercial and retail properties drawn from a 757,000 square meter land bank. Palm Hills maintains listings on PHDC.CA and PHDC.LI and charts expansion through partnerships and mixed-use developments, including notable collaborations with hospitality brands; for example, a 2023 partnership with Marriott International to establish The Ritz-Carlton Cairo, Palm Hills.

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