Heliopolis Housing sells Heliopark land to NOSI

Updated 10/8/2023 11:24:00 AM
Heliopolis Housing sells Heliopark land to NOSI

Arab Finance: Heliopolis Company for Housing and Development has sold its Heliopark land to the National Organization for Social Insurance (NOSI) at a lump sum of EGP 15 billion, according to a filing sent to the Egyptian Exchange (EGX) on October 8th.

The project area spans over an area of 1,695 feddans, and is located in New Cairo.

Heliopolis Housing is a leading Egypt-based real estate development company that operates in land reclamation and subdivision, residential real estate development and management, property purchase and sale, and project planning and supervising.

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