Investor Presentation FY2017
Key Operational Developments
ā
BO:
Land Plot Sales
ERC realized revenues of EGP
167.4 million from land plot sales
during 2017. ERC is expecting sub-
developers' appetite for land to
grow in the coming period.
Tawaya
Tawaya's contracted sales
reached EGP183 million.
Currently, around 59% of the
project has been sold, contracted
or reserved with expectations to
sell out by year 2018.
Investor Presentation FY2017
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Recurring Income
Retail revenues: EGP 7.2 mn
Utilities revenues: EGP 54 mn
Facility management: EGP 21 mn
Total Recurring revenues: EGP
82.4 (in 2017)
Events
On April 2017, byGanz
Extraordinaire hosted a three-day
event featuring daytime beach
activities and evening
entertainment in collaboration with
Blue Marlin UAE
Sahl Hasheesh hosted the bi-annual
triathlon with Trifactory during
2017, with 600 athletes from Egypt
and across the world competing in a
variety of exciting races.
On 2018's New Year's Eve Sahl
Hasheesh hosted a distinguished
celebration.
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