17 January 2008

Tourism Resorts sells more land in Sahl Hashish

The BOD of Egyptian for Tourism Resorts (EGTS.CA) has approved on its meeting, held yesterday 15/01/2008, to sell a total land space of 61,000 square meters, in Sahl Hashish at a total value of LE 40.552 million or $ 7.32 million; implying a per meter price of $ 120.
The BOD has also decided to adjust the selling price of the 420,000 square meters plot that it had previously approved to sell in Sahl Hashish to $ 90 per square meter instead of $ 75, and approved selling 483,539 square meters land at $ 100 per square meter, implying a total value of $ 48.4 million.