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- Title
Egypt.
- Abstract
The article discusses the intention of Egyptian real estate Palm Hills Development (PHD) to float on the London Stock Exchange. It is suggested that the project is expected to close in May with Palm Hills Development set to trade on the Cairo and the Alexandria Stock Exchange. According to the author, PHD develops high-end residential real estate and resort projects in Egypt. It is inferred that the company generated revenue for 2007 reached to $96.7 million with a net profit of $32.5. A retail offering will also be featured in Egypt.
- Subjects
REAL property; EFFECT of taxation on land use; REAL estate sales tax; BUILDINGS; REAL estate investment trusts; REAL estate business; PERSONAL property; REAL estate management; REAL estate development
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2008, Vol 45, Issue 3, p17794
- ISSN
2053-227X
- Publication type
Article