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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.