9months 2010 Investors' Presentation - Palm Hills Developments
9months 2010 Investors' Presentation - Palm Hills Developments
9months 2010 Investors' Presentation - Palm Hills Developments
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COMPETITIVE ADVANTAGES<br />
One of the most diversified land banks in Egypt<br />
Breakdown of land bank across 8<br />
regional destinations<br />
0% 14%<br />
13%<br />
11%<br />
15%<br />
1. 6th of October<br />
2. New Cairo<br />
3. North Coast<br />
12% 4%<br />
31%<br />
4. Cairo Alexandria Desert Road<br />
5. Gamsha<br />
6. Ain Sokhna<br />
7. Alexandria<br />
8. Saudi Arabia<br />
Land acquired at submarket<br />
rates<br />
Land diversification<br />
Attractive second<br />
homes offering<br />
• Avg. price/m 2 = EGP 173 1 ; selling now at<br />
approx. EGP 3,300 2<br />
• Superior profitability<br />
1 as of June <strong>2010</strong><br />
2 based on contracted values for the period Jan.-Jun. <strong>2010</strong><br />
• Cross-selling through different locations<br />
• Increased customer loyalty<br />
• Ability to launch multiple projects<br />
catering to different market needs<br />
• Shorter cash-to-cash cycles (4 to 5 years<br />
from launch to hand-over)<br />
• Increased EBITDA margins<br />
• Hedge against seasonality in sales<br />
Investors’ <strong>Presentation</strong> | November <strong>2010</strong><br />
17