Common Contracts
2 similar Co-Development Agreement contracts
Palm Hills Developments ink co-development agreement of a mixed-use community spreading 116 feddan in Ain SokhnaCo-Development Agreement • June 8th, 2020
Cairo/London, June 8, 2020: Palm Hills Developments ("PHD" or "the Company") announce closing of a co-development agreement of a mixed-use community in Ain Sokhna, Red Sea, on a revenue sharing basis with Al Shorouk for Touristic Developments. The project is strategically located on km 93 Suez- Zaafrana road, with direct access from Galala highway, 75 minutes away from Cairo. The project spreads over 116 feddan with 1.5 km beachfront and will be developed over five phases. It is expected to offer 1,201 units representing a built-up area of up to c.163,655 sqm.
Palm Hills Developments ink co-development agreement of a mixed-use community spreading 116 feddan in Ain SokhnaCo-Development Agreement • June 7th, 2020
Cairo/London, June 8, 2020: Palm Hills Developments ("PHD" or "the Company") announce closing of a co-development agreement of a mixed-use community in Ain Sokhna, Red Sea, on a revenue sharing basis with Al Shorouk for Touristic Developments. The project is strategically located on km 93 Suez- Zaafrana road, with direct access from Galala highway, 75 minutes away from Cairo. The project spreads over 116 feddan with 1.5 km beachfront and will be developed over five phases. It is expected to offer 1,201 units representing a built-up area of up to c.163,655 sqm.
