Palm Hills Developments (Real Estate) — Funding, Investors & Signals 2026

Palm Hills Developments

Founded 2005 Egypt

Egypt 1304 employees Post Ipo Debt Total: $487.80M Real Estate

Palm Hills Developments is a leading real estate company in the Egyptian market, offering integrated residential, commercial real estate, and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols "PHDC.CA" and "PHDC.LI" respectively. Presently, Palm Hills Developments possesses one of the largest land banks in the country, rapidly growing into a regional player with a geographically diversified land bank suitable for a broad range of real estate products.

Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, covering over 27 million square meters [sqm] in Egypt, including 5 million sqm earmarked 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. The land bank includes 757,000 sqm earmarked for Commercial/Retail developments with ambitions to have such properties contribute around 25% of the Company's consolidated Net Income by 2020.

The most recent investment in Palm Hills Developments was a EGP472.50M post-IPO debt investment at 10 September 2023. The investor in this round was EFG Hermes.

Funding Stage	Amount	Investors	Lead Investors	Date
Post-IPO Debt	••••••	1		10 Sep 2023
Post-IPO Debt	••••••	-		20 Jul 2023

Funding Stage

Amount

Investors

Lead Investors

Date

Post-IPO Debt

••••••

10 Sep 2023

Post-IPO Debt

••••••

20 Jul 2023

FAQ About Palm Hills Developments

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 Sto...

Palm Hills Developments was founded in 2005.

Palm Hills Developments is headquartered in Egypt.

Palm Hills Developments operates in the following industries: Real Estate.

Palm Hills Developments has approximately 1304 employees.

Palm Hills Developments has completed 2 funding rounds, raising a total of $487.80M. The latest funding stage is Post Ipo Debt.

Top alternatives and competitors to Palm Hills Developments include Al Ahly For Real Estate Development, Makowsky Ringel Greenberg, LLC, Gemdale USA Corporation, Burkentine Real Estate Group, Saint Croix Holding Immobilier SOCIMI SA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Palm Hills Developments and Al Ahly For Real Estate Development are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Palm Hills Developments

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