Burooj in Egypt property sale MoU

18 April 2010

UAE-based Burooj Properties has signed a memorandum of understanding with Egypt-based real estate firm, Palm Hills Developments (PHD) to sell 425 units of PHD's Village Garden Katameya project with a total value of EGP315m, Zawya Dow Jones has reported. The agreement will help PHD to expand its client base to reach Egyptian expatriates throughout the GCC.

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