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EGP 80bn estimated value of Heliopolis Housing land portfolio, Sahar al-Damaty says

EGP 80bn estimated value of Heliopolis Housing land portfolio, Sahar al-Damaty says

ArabFinance: Sahar al-Damaty, managing director of Heliopolis Company for Housing and Development (HELI) revealed in an interview with ArabFinance, that the company has been working on executing its investment plan in synchronization with the development of restructuring its financing in light of the resolution to sell a part of its land portfolio which took effect after studying the financing alternatives to implement the plan.

The decision to sell is part of the company's integrated strategy of developing its untapped land portfolio in the coming years by establishing residential and commercial projects, Sahar al-Damaty stated to ArabFinance.

Watch the interview with the managing director of Heliopolis Company for Housing, Sahar al-Damaty in full here: 

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