CEO Amin Serag (since 2015)
Damac sold the land to HP. HP is owned by:
Housing and Development Bank (82%)
Urban Communities Authority (11%)
Egyptian Real Estate Bank (7%)
Land: 1200 acres
Directly on Road 90
Directly on the Middle Ring Road and Suez Road
A few minutes from the New Administrative Capital
300m from the Golden Square
Surrounding compounds: CGP, Intelligence, Zed East, Iwan, Mevida, Villette, La Vista City
MV/HP: 200 acres
Sabbour Square: 100 acres
Residual land: 1200 acres
300 acres for future projects
900 acres includes:
*Liveable phases, constructed phases, under construction phases, and vacant land. *27 acres business park
*75 acres Mall
*141 acres of Hyde Park
*42 acres sports club
*3International Schools
*Medical zone
*4 club houses (1 already operating)
*Hyde out
Light construction started at the site 2012/2013
Heaving construction started 2016
1200 families living