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Madinet Nasr Housing (MNHD.CA) Reports Robust Pre-Sales for 1H2020 of EGP 3.8bn


Madinet Nasr Housing (MNHD.CA) announced that its Pre-Sales (contracted sales reservations) for the 1H2020 reached EGP 3.78bn compared to EGP 2.06bn in 1H2019 with an 83% increase y-o-y. Pre-Sales were mainly driven by the strong demand in SARAI as well as the land plot sold in 1Q2020 for EGP 1.15bn. (Company’s Press Release)

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