{"id":325262,"date":"2022-04-24T18:54:42","date_gmt":"2022-04-24T18:54:42","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=325262"},"modified":"2022-04-24T18:54:42","modified_gmt":"2022-04-24T18:54:42","slug":"property-developer-palm-hills-raises-stake-in-incolease-to-18","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/","title":{"rendered":"Property developer Palm Hills raises stake in Incolease to 18%"},"content":{"rendered":"<p>Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.<\/p>\n<p>The real estate developer purchased 576,001 shares from the latter in exchange for EGP 23.61 million at an average price of EGP 41 per share, the Commercial International Brokerage Company (CIBC) announced<\/p>\n<p>Last March, Palm Hills acquired 7.97% equity in Incolease at a total value of EGP 65.35 million.<\/p>\n<p>In 2021, the property developer logged consolidated net profits worth EGP 856.06 million, an annual growth of 14.26% from EGP 749.17 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.<\/p>\n","protected":false},"author":4,"featured_media":324094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,29],"tags":[],"class_list":["post-325262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-real-estates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Property developer Palm Hills raises stake in Incolease to 18% - egy-africa<\/title>\n<meta name=\"description\" content=\"Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property developer Palm Hills raises stake in Incolease to 18% - egy-africa\" \/>\n<meta property=\"og:description\" content=\"Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-24T18:54:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"668\" \/>\n\t<meta property=\"og:image:height\" content=\"452\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aya Abdulghany\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aya Abdulghany\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/\",\"name\":\"Property developer Palm Hills raises stake in Incolease to 18% - egy-africa\",\"isPartOf\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1\",\"datePublished\":\"2022-04-24T18:54:42+00:00\",\"dateModified\":\"2022-04-24T18:54:42+00:00\",\"author\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\"},\"description\":\"Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.\",\"breadcrumb\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1\",\"width\":668,\"height\":452},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/egy-africa.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Property developer Palm Hills raises stake in Incolease to 18%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/egy-africa.com\/en\/#website\",\"url\":\"https:\/\/egy-africa.com\/en\/\",\"name\":\"egy-africa\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/egy-africa.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\",\"name\":\"Aya Abdulghany\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"caption\":\"Aya Abdulghany\"},\"sameAs\":[\"http:\/\/egy-africa.com\",\"mohamed nour\"],\"url\":\"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Property developer Palm Hills raises stake in Incolease to 18% - egy-africa","description":"Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/","og_locale":"en_US","og_type":"article","og_title":"Property developer Palm Hills raises stake in Incolease to 18% - egy-africa","og_description":"Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.","og_url":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/","og_site_name":"egy-africa","article_published_time":"2022-04-24T18:54:42+00:00","og_image":[{"width":668,"height":452,"url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1","type":"image\/jpeg"}],"author":"Aya Abdulghany","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Aya Abdulghany","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/","url":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/","name":"Property developer Palm Hills raises stake in Incolease to 18% - egy-africa","isPartOf":{"@id":"https:\/\/egy-africa.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#primaryimage"},"image":{"@id":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1","datePublished":"2022-04-24T18:54:42+00:00","dateModified":"2022-04-24T18:54:42+00:00","author":{"@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131"},"description":"Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.","breadcrumb":{"@id":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#primaryimage","url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1","contentUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1","width":668,"height":452},{"@type":"BreadcrumbList","@id":"https:\/\/egy-africa.com\/en\/2022\/04\/24\/property-developer-palm-hills-raises-stake-in-incolease-to-18\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/egy-africa.com\/en\/"},{"@type":"ListItem","position":2,"name":"Property developer Palm Hills raises stake in Incolease to 18%"}]},{"@type":"WebSite","@id":"https:\/\/egy-africa.com\/en\/#website","url":"https:\/\/egy-africa.com\/en\/","name":"egy-africa","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/egy-africa.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131","name":"Aya Abdulghany","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","caption":"Aya Abdulghany"},"sameAs":["http:\/\/egy-africa.com","mohamed nour"],"url":"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/12\/apartment-for-sale-palm-hills-new-cairo.jpg?fit=668%2C452&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pcF3XZ-1mCa","_links":{"self":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/325262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/comments?post=325262"}],"version-history":[{"count":1,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/325262\/revisions"}],"predecessor-version":[{"id":325263,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/325262\/revisions\/325263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media\/324094"}],"wp:attachment":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media?parent=325262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/categories?post=325262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/tags?post=325262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}