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Misr Italia’s contracted sales reach EGP 2.5B in H1

Misr Italia’s contracted sales reach EGP 2.5B in H1

ArabFinance: Misr Italia Properties announced that its gross contracted sales recorded EGP 2.5 billion during the first half (H1) of 2021, Al Mal News reported on July 28th.

Such figures reflect the positive sales rate of the economy under the condition of the pandemic, and give an optimistic view of H2 2021.

The real estate developer eyes total sales worth EGP 4 billion in 2021 in several projects.

In May, the company launched two new phases of its project, IL Bosco City, in New Cairo.

In 2020, Misr Italia launched the first phase of IL Bosco City, Sila, and about 95% of the phase is sold out.

Misr Italia Holding is one of Egypt’s leading real estate developers. The company’s land bank stretches across Egypt with 11 residential projects, nine commercial projects, five luxury hotels and 6,000 delivered units.

 

 

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