Egypt’s Hyde Park Registers EGP1 Billion Sales in 2014

Chief Development Officer at Hyde Park Properties for Development (HPD) Maged Salah Al Din  said his company succeeded in attaining EGP1 billion sales at the end of the last year in conjunction with the beginning of real estate’s recovery .

In statements to Amwal Al Ghad, Salah added that the market indicators moved strongly in January, especially with the Economic Summit next March and Ministry of Housing has rolled out many projects through partnership system with investors, which means the market is moving strongly, and provides thousands of direct and indirect job opportunities, pointing out that real estate sector is always leads to achieve high growth rates.

The total area of project reaches 6 million square meters including 2.3 million buildings and the rest of the 3 million meters are not developed.