5THE SUCCESS STORY
To soar To new heighTs,
explore new lands, seize
new opporTuniTies in
our core businesses.
contents
Message from the Chairman
Amer Group Overviewregional Footprint
Financial highlights
capital efficient business Model
corporate social responsibility
Business Segments porto projects
commercial projects
restaurants
hospitality
Vacation clubs
new Ventures
Projects Portfolioporto Marina
golf porto Marina
porto Marina residence
porto sokhna
golf porto sokhna
porto south beach
porto sharm
porto cairo
porto october
porto new cairo
porto Matrouh
porto saeed
porto Tartous
porto dead sea
porto agadir
1
2
2.1
2.2
2.3
2.4
3
3.1
3.2
3.3
3.4
3.5
3.6
4
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
4.10
4.11
4.12
4.13
4.14
4.15
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76
76 THE SUCCESS STORYMessage from the chairman
1. Message from the Chairman
Amer Group has created the Porto ultra mixed used development.
The Group is presently the undisputed market leader of family
destinations in the Egyptian real estate market.
our core strength is the real understanding of communities, habits and trends, in addition to identifying the needs of our clients and the capacity of the market. This has been demonstrated in the success of our leading brand “porto”, which name has been integrated in the egyptian slang and is now used to express vacation, resort and fun. at amer group, we take pride to create egypt’s most popular real estate and touristic developments.
during our journey, we have proudly introduced the first chain of full-service restaurants in egypt, chilli’s, followed by an expansion in the Middle east creating successful dining chains such as studio Masr and halket el samak.
we are also proud to set a real trend in the tourism market derived by porto developments such as porto Marina and porto sokhna.
as we believe in corporate social responsibility , 33% of the group shares founded a philanthropic trust in 2009, (egyptian wakf), which support for the community in different aspects.
our human resources are the driving force behind amer group’s success. They believe in creating environment friendly family destinations and sharing the success with the community. amer group’s management was able to perform extremely positive during last years, even though egypt was facing huge challenges as reported in past financial analysis.
we believe that with egypt’s new vision, the sky is our limit. we will do our best to enjoy saving the great trust of our clients, visitors and investors.
Mansour Amer
Founder, chairman and ceo, amer group holding
It is with great pleasure that I introduce 30 year of Amer achievements in Egypt and the region.
98 Amer Group Overview THE SUCCESS STORY
2.AMer Group oVerVIeW
Soaring to the top with solid investments, clear vision and a strong professional team
1110 Amer Group Overview THE SUCCESS STORY
JorDANPorto Dead Sea
MoroCCoPorto Agadir
SYrIAPorto Tartous
eGYpTOffering primary residence in the Greater Cairo Area and secondary residence on the North Coast, Red Sea Coast and the Sinai Peninsula (Sharm El Sheikh).
12 Destinations in total
Porto MarinaPorto SokhnaPorto SharmPorto Marina ResidencePorto South BeachPorto Cairo
Porto OctoberPorto New CairoPorto SaeedGolf Porto MarinaGolf Porto SokhnaPorto Matrouh
2.1
regional Footprint
1312 THE SUCCESS STORY
2.2
Financial Highlights KeY perForMANCe INDICATorS
30/9/2014
9m 20149m 20139m 20149m 20139m 2014 9m 20149m 2013 9m 2013
426
1,260
Real Estate Revenues(EGPmn)
551
2,285
Units Delivered
3,364
2,118
Contracted Sales(EGPmn)
6,039
7,457
Backlog(EGPmn)
9m 2014
1.638
677
9m 2013
Total Revenues(EGPmn)
9m 2014
43
25
9m 2013
Malls Revenues(EGPmn)
9m 2014
151
183
Restaurants Revenues(EGPmn)
9m 20149m 2013
232
155
Loans (EGPmn)
AMer Group ToTAl SAleS
9m 20149m 2013
56
100
Hotels Revenues(EGPmn)
9m 20149m 2013
18
55
Other Revenues(EGPmn)
9m 20149m 2013
19
217
Net Income(EGPmn)
Pre-IPO(EGPmn)
143
2005
609
2006
877
2007
1,795
2008
656
2009
959
2010
Post-IPO (EGPmn)
1.684
2011
2.378
2012
3.256
2013
3.743
9M 2014
amer group overview
29%
12%
8%
2%
12%
Return on Equity
2010 2011 2012 2013 9M 2014
Real Estate Sales Recurring Revenues
1514 Amer Group Overview THE SUCCESS STORY
Amer NO. 2 NO. 3 NO. 4 NO. 5
370% 240% 233%346% 194%
600
500
400
300
200
100
0
6/3
0/13
7/14
/13
7/28
/13
8/1
1/13
8/2
5/13
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/13
9/22
/13
10/6
/13
10/2
0/13
12/1
/13
12/2
9/13
1/12
/14
1/26
/14
2/23
/14
3/23
/14
4/6
/14
4/20
/14
5/4/
14
5/18
/14
6/1
/14
6/1
5/14
6/2
9/14
9/7/
14
10/5
/14
10/1
9/14
11/2/
14
11/30
/14
12/1
4/14
12/2
8/1
4
1/11/
15
11/1
6/2
014
11/1
7/20
13
11/3
/20
13
12/1
5/20
13
2/9
/20
14
3/9
/20
14
7/1
3/20
14
7/2
7/20
14
8/1
0/20
14
8/2
4/20
14
9/2
1/20
14
AMer Group A KeY SToCK IN eGX30highest capital gains (June 2013 to september 2014)
Top TeN lIquID SToCKS oN eGX30
HIGHeST CASH DIVIDeND pAYouT rATIo (FroM 2011 To 2014)
14.6%
10.1%
9.0% 8.8%
6.0% 5.9%5.4%
4.9%4.5%
4.1%
Average Daily Turnover in 2014
Amer Group Other EGX 30 stocks
114%
2011
0%
2012
408%
2013
47%
9M 2014
Average 142%ranked Number 1in the top 5 stocks listed in the EGX30
EGP
537mn
Cash dividends (Post IPO to date)
EGP
2.5 bn
sharesStock dividends (Post IPO to date)
No. 1 Amer Group
370% No. 2
346% No. 3
240% No. 4
233% No. 5
194%
1716 Amer Group Overview THE SUCCESS STORY
2.3
Capital efficient Business Model
MERIS has assigned this ratings on the national scale to the11th multiple-tranche asset backed securitization bond issued by Sarwa Securitization Company S.A.E. and backed by a single pool of real estate receivables in the amount of EGP 215,484,411 originated by Amer Group companies.
our FIrST SeCurITIzATIoNrATeD AA+ BY MerIS
Debt-to-Equity ratio dropped slightly from 0.12 in FY13 to 0.08 in 9M 2014
loW leVerAGe
loANS
Loans Delivered Units
DelIVereD uNITSFroM 2010 To 9M 2014
Amer Group is the least leveraged member of the real estate sector in the Egyptian stock exchange market.
2010
338
2011
316
2012
268
2013
232
9M 2014
154
9M 2014
2,285
2013
803
2012
919
2011
1,2641,861
2010
1918 Amer Group Overview THE SUCCESS STORY
In 2009, founders donated 33% of Amer Group’s equity shares to the “egyptian Wakf”, our charitable trust supporting community.
2.4
Corporate Social responsibility
We believe in supporting unprivileged communities and improving services, we sponsor hospitals, surgical operations, educational facilities and grant financial support to Amer Foundation for Charity with its 250 branches in 14 governorates enabling them to reach poor communities trying to ease their life.
To DATe CoMMuNITY SpeNDING
600 millionEGP
OvER
2120 THE SUCCESS STORY
Diversity in segments; unity in vision.
3.BuSINeSS SeGMeNTS
business segments
- Porto Projects
- Commercial Projects
- Restaurants
- Hospitality Projects
- vacation Clubs
- New venturesa. Medical centers
b. educational Facilities
c. sports clubs
d. utilities
2322 THE SUCCESS STORY
3. Business Segments
MedicalEducationSports ClubsUtilities
NeW VeNTureS
6 operating hotels with 835 guest rooms11,682 hotel serviced apartments
HoSpITAlITY
63 operating restaurants8,941 seats3,000,000 annual visitors
reSTAurANTS
13 contracted malls GLA 443,000 square meters 7 operating malls GLA 83,700 square metersCoMMerCIAl
15 destinations 9.7 million square meters (total land area)porTo
NeW VeNTureS
HoSpITAlITY
VACATIoN CluBS reSTAurANTS
CoMMerCIAl
reSIDeNTIAl
business segments
17,000 membersVACATIoN CluBS
2524 THE SUCCESS STORY
3.1
porto projects
Amer Group, through its extremely popular real estate brand “porto”, is Egypt’s leading developer of resort destinations offering affordable second home options in the market. Porto brand became a core player in first homes developments after launching its projects, Porto Cairo, Porto New Cairo, Porto October, Porto Agadir and Porto Saeed.
Amer Developments are characterized by quick deliveries. We provide our clients with unlimited services through our facilities realizing their dreams and granting them a unique lifestyle.
porto Agadiramer group has finalized an agreement with the Moroccan Ministry of Tourism to develop a community of 1,200,000 square meters on the coast of the atlantic ocean. upon obtaining regulation permits, sales will be launched in september 2015.
porto Dead Seaanother agreement was concluded with the Jordanian government to implement the usd 250 million investment project, which will include a five-star hotel, villas and apartments, summing up to more than 3,000 units.
The project aims to increase local and foreign tourists to the dead sea to 500,000 annual visitors. sales at porto dead sea have been launched in January 2015 with an unprecedented breakthrough.
porto octoberphase one of the project has been sold out for our largest first-home community in 6th october city.
reCeNT DeVelopMeNTS
Porto, the prime themed residential concept in the region
poTeNTIAl SAleS in projects under construction
30 billionEGP
SolD uNITS
19,677DelIVereD uNITS
11,690BACKloG
7.45 billionEGP17
proJeCTS IN MeNA reGIoN
DeVelopeD lAND
4.2 millionSqUARE METER
uNDeVelopeD lAND
5.5 millionSqUARE METER
lAND BANK9.7
SqUARE METER
million
business segments
2726 THE SUCCESS STORY
rApID GroWTH AND reGIoNAlIzATIoN
THe BASe
Porto MarinaGolf Porto MarinaPorto Sokhna
THe GroWTH
Golf Porto SokhnaPorto New CairoPorto South BeachPorto MatrouhPorto SharmPorto Cairo Porto OctoberGolf Porto MarinaPorto Marina ResidencePorto Saeed
THe eXpANSIoN
Porto TartousPorto Dead SeaPorto Agadir
lAND BANK
Developed Land Bank Undeveloped Land Bank
4.2 MNsqm
developed land= 770 K JV +
3.5 Million owned
5.5 MNsqm
of undeveloped land= 2.3 JV +
3.2 Million owned
3.4 MNsqm
in egYpT2.1 MN
sqm
across Mena
9M 2014
SolDuNITS 1,879DelIVereDuNITS1,038
CoNTrACTeD SAleS3.364 billion
EGP
reVeNueS1.638 billionEGP
business segments
2928 THE SUCCESS STORY
3.2
Commercial projects
Through world-class standards and impeccable services, Amer Malls have earned a nation-wide reputation for attracting shoppers and entertaining guests. The group offers a myriad of comprehensive retail services customized to suit the business needs of every lessee.
Amer Malls are entertainment and socializing destinations with
unconventional retail outlets.
OPERATING vENUESIN eGYpT & leVANT
7UNDER CONSTRUCTIONIN eGYpT
2UNDER CONSTRUCTIONIN JorDAN
1UNDER LICENSEIN eGYpT
2UNDER LICENSEIN MoroCCo
1
business segments
3130 THE SUCCESS STORY
entertainment Concepteach mall consists of food outlets, cinema screens and other entertainment facilities in addition to retail shops. primarily designed as entertainment and socializing venues, amer Malls occupy a unique position in the market, allowing the division to attract a significant market segment.
MAllS CoNCepTAs a mandatory part of Porto Projects, the Malls Division is continuing its successful journey of growth. Porto Malls are great sites for fun, food, shopping and entertainment; they are the “meeting points”.
Amer group believes that the growth of its malls in Egypt and the region is a must to serve the great demand of our visitors.
Amer Malls offers stand-alone signature malls and meeting
points, in addition to mega malls within its residential compounds
across Egypt.
business segments
CoNTrACTeD443 thousand
SqUARE METER
operATING83 thousand
SqUARE METER 75%CurreNT oCCupANCY rATe
3332 THE SUCCESS STORY
The Group’s restaurants are a key cash flow generator. The restaurants business, comprising two Amer Creation Brands and five international brands, is undergoing major expansion.
3.3
restaurants
egypt• 61 locations
Saudi Arabia• 1 location
uAe• 2 locations
MArKeTS
Over 20 years of excellence to achieve customer satisfaction.
BrANDS
7SeATS+ uAe
8,941OUTLETS ACROSSeGYpT, uAe & SAuDI ArABIA
63
business segments
DurING 2014VISITorS3 million
3534 THE SUCCESS STORY
Tropicana for Food industries (TFi), the restaurant division’s subsidiary, supplies all amer-operated restaurants. The group plans new investments in TFi to increase capacity and improve efficiency, aiming to expand operations to non-amer brands. Tropicana is actively exploring opportunities to franchise group-owned brands in the gcc.
The first half of 2014 witnessed six new restaurants opening, including a studio Masr in abu dhabi. The new year will witness the opening of two branches of the ocean basket franchise.
reCeNT DeVelopMeNTS
reSTAurANTS IN eGYpT
Name launch No. of outlets
No. ofSeats
Av. Spend / person (eGp)
revenues1H14 Brand Description ownership
1994 20 4229 95 53,097,068 Casual dining - Tex Mex restaurants Franchise agreement
1996 11 1,573 135 26,435,499 Film-themedMediterranean grill
100% owned, Amer Group brand
2001 9 1,662 183 15,468,777 Seafood restaurant 100% owned, Amer Group brand
2001 7 1,437 128 8,741,389 Traditional Italian grill Franchise agreement
2002 5 340 64 1,115,276 French café andpatisserie Franchise agreement
2012 9 N/A N/A 1,552,089 Ice-pops Franchise agreement
ToTAl 61 8,941 114
business segments
P a m p e r Yo u r s e l f
3736 THE SUCCESS STORY
egypt
• 5 locations
levant
• 1 location
MArKeTS
The hospitality segment is a key driver of local and international traffic to Porto projects.
3.4
Hospitality
HoTelS
11operATING HoTelS
6uNDer CoNSTruCTIoN
5
HoTel SerVICeDApArTMeNTS11,682 operATING
rooMSrooMSuNDer CoNSTruCTIoN
835 394
business segments
3938 THE SUCCESS STORY
currently operating six hotels, with performance insulated from fluctuations in foreign tourism given that the primary target is egyptian and gcc families. Five new hotels are expected to launch between 2015 to 2018.
porTo WorlD HoTelS
Existing Hotels
Porto Marina 330 Guest rooms
Porto Golf Marina 72 Guest rooms
Porto Sokhna 139 Guest rooms
Porto Tartous 88 Guest rooms
Porto Matrouh 91 Guest rooms
Cancun MENA 115 Guest rooms
Total 835 Guest rooms
business segments
4140 THE SUCCESS STORY
Amer Group launched its vacation Clubs as a supplementary business segment to expand its product offerings and appeal to larger and more diversified target segments.
3.5
Vacation Clubs The amer group Vacation clubs’ success since launch is demonstrated by its rapid and sustained growth.
VACATIoN CluB MoDel
business segments
ACquIre uNITS
reVeNueS FroMoperATIoNS &
SerVICeSreVeNueS FroM
MeMBerSHIpS
reClAIMASSeT AFTer
30 YeArS
BuSINeSSMoDel
4342 THE SUCCESS STORY
Amer Group has lately expanded its developments into new ventures tackling significant and much-needed fields in the market.
3.6
New Ventures
SporTS CluBS
PORTO OCTOBERPORTO AGADIR
PORTO DEAD SEA
MeDICAl
PORTO CAIROPORTO SOkHNA
PORTO OCTOBER
eDuCATIoN
ALAMEIN UNIvERSITYPORTO OCTOBER SCHOOLS
business segments
4746 THE SUCCESS STORY
porto Destinationscore Menu
Kids Entertainment
Sports Facilities
Shopping Mall
Hotel-Serviced Apartments
Live Promenade
Restaurants
Cinemas
Events
Spa
Hotels
Projects Portfolio
4948 THE SUCCESS STORY
Amer Group has become the epicenter
of global events in Egypt.
The most prominent events included a concert for the Rai music icon, Cheb Khaled, and the unique appearance of Music Hall Beirut at Porto Cairo, in addition to the superstar Enrique Iglesias’ Golf Porto Marina concert.
the epicenter of Global events
The summer of 2014 witnessed a series of musical concerts and carnivals in Porto World, which confirmed Amer Group’s reputation as the epicenter of global events in Egypt.
Projects Portfolio
5150 THE SUCCESS STORY
4.1
porto Marina
Porto Marina is the perfect destination for a well-deserved vacation, combining luxury, recreation and entertainment in one place. With its various recreational platforms that cater to every taste, kids and adults will find a myriad of entertainment choices.From five-star serviced rooms and apartments to private residential units, Porto Marina offers a wide range of accommodation options with serene views of the Mediterranean Sea, swimming pools and gardens.
countryEgypt
locationNorth Coast, Mediterranean Sea
land Area68,000 (m2)
Distance40 km from the El Alamein Airport60 km from Borg Al Arab Airport 160 km from Marsa Matrouh90 km from Alexandria Airport
facilitiesMarina for YachtsYacht ClubShopping MallInternational Spa ComplexPrivate BeachWater SportsSwimming PoolsOver 30 RestaurantsLouly Entertainment ParkKids ActivitiesHotel-Serviced ApartmentsFive-Star HotelConference CenterCinemas
Projects Portfolio
5352 THE SUCCESS STORY
4.2
Golf porto Marina
Located five minutes away from the hottest vacation spot on the Mediterranean Sea, Golf Porto Marina is a picture-perfect residential, shopping and golfing paradise set on 1.5 million square meters. The project was developed around a man-made lagoon and boasts the largest promenade in the North Coast, with over 180 shops that offer fashion, food and recreation. Golf Porto Marina embraces a man-made beach and a championship 18-hole golf course with professional golfing services and instructors.
countryEgypt
locationNorth Coast, Mediterranean Sea
land Area1.8 million (m2)
Distance5-minutes from the country’s hottest vacation spot on the Mediterranean Sea, Porto Marina
facilitiesDancing fountainPrivate beachOver 25 swimming pools180 shopsPaint-ballGo-cartingHorseback RidingAqua PortoWater SportsPapa Porto CarnivalsHotel-Serviced ApartmentsSports Facilities International Restaurants18-hole Golf Course
Projects Portfolio
5554 THE SUCCESS STORY
4.3
porto Marina residence
Projects Portfolio
countryEgypt
locationEl Alamein
land Area18,000 (m2)
Distance2-minutes from the country’s hottest vacation spot on the Mediterranean Sea, Porto Marina
facilitiesPrivate Beach5 Infinity PoolsOver 20 shopsPaint-ballGo-cartingPapa Porto CarnivalsHotel-Serviced Apartments International Restaurants
5756 THE SUCCESS STORY
4.4
porto sokhna
Porto Sokhna is Egypt’s first-ever mountain top resort and golf course, only 180 km away from Cairo. The 2.5 million square meter resort rises 270 meters above sea level and stretches down to the warm water of the Red Sea. Amer Group’s most ambitious project to date, Porto Sokhna is a year-round destination for holidaymakers from around the world, featuring three malls that offer the very best of shopping, dining and recreation.
countryEgypt
locationRed Sea
land Area151,000 (m2)
Distance130 km from Cairo
featuresMountain top resort, golf course and entertainment piazzas
facilitiesPrivate BeachCable Car18-hole Golf CourseSwimming PoolsFishing and DivingLouly Entertainment ParkServiced ApartmentsWater SportsPapa Porto CarnivalsSports FacilitiesConference Center Shopping MallOver 15 Resturants Horseback Riding
Projects Portfolio
5958 THE SUCCESS STORY
4.5
Golf porto sokhna
Projects Portfolio
countryEgypt
locationRed Sea
land Area2 million (m2)
Distance130 km from Cairo
featuresMountain top resort, golf course and entertainment piazzas
facilitiesPrivate Beach18-hole Golf CourseCable CarWater SportsFishing and DivingHorseback RidingSports FacilitiesSwimming PoolsShopping MallOver 15 Restaurants Louly Entertainment ParkServiced ApartmentsPapa Porto CarnivalsConference Center
6160 THE SUCCESS STORY
4.6
porto south Beach
Projects Portfolio
countryEgypt
locationAin El Sokhna
land Area245,000 (m2)
Distance147 km from Cairo
featuresMountain top resort, golf course and entertainment piazzas
facilitiesPrivate BeachWater SportsFishing and DivingHorseback RidingSports facilitiesSwimming PoolsOver 10 Restaurants Serviced ApartmentsPapa Porto Carnivals
6362 THE SUCCESS STORY
4.7
porto sharm
Projects Portfolio
countryEgypt
locationSinai Peninsula
land Area648,000 (m2)
Distance500 km from Cairo
facilitiesPrivate BeachDancing fountainShopping MallOver 50 Restaurants Water SportsHorseback RidingSwimming PoolsFishing and DivingSports FacilitiesTheme ParkServiced ApartmentsPapa Porto CarnivalsConference Center Year-round carnivals3D cinemas
6564 THE SUCCESS STORY
4.8
porto cairo
A fully-fledged destination, Porto Cairo is an exclusive residential project incorporating a convenient mall and a world-class medical centre.
Projects Portfolio
residential facilitiesSwimming PoolKids Club
countryEgypt
locationFirst Settlement, New Cairo
land Area136,000 (m2)
Medical facilitiesPharmacy LaboratoryScan CenterHospitalClinics
Mall facilities180 Retail ShopsOver 50 International Restaurants and CafésTheme ParkYear-round CarnivalsMega Cinema Complex with 6 screensHyper MarketDancing Fountain and LakeOver 200 International Retail Brand
6766 THE SUCCESS STORY
4.9
porto october
Following its success with secondary (vacation) homes, Amer Group launched Porto October, the group’s flagship primary home development with a cost of 8 billion EGP.
The compound is conveniently located in the heart of 6th October City, only 5 minutes from Juhayna Square. This all-inclusive, fully-serviced residential compound lies on a total area of 648,000 square meters and offers villas, twin houses and town houses, in addition to a five-star hotel.
Projects Portfolio
countryEgypt
location6 of October City, Greater Cairo
land Area1.4 million (m2)
facilitiesDancing fountainShopping MallOver 100 Resturants International SchoolsHospitalSports Club Papa Porto CarnivalsYear-round Carnivals Horseback RidingSwimming PoolsTheme ParkHotels Serviced ApartmentsDolphinariumBusiness Center
6968 THE SUCCESS STORYProjects Portfolio
4.10
porto New cairo
Now a dominant player in the primary residence developments, Amer Group plans to expand and cover the east of Cairo with a new project: Porto New Cairo.
With a total of 55,000 square meters, the all-inclusive compound is located in New Cairo’s Fifth Settlement across the main entrance of the American University in Cairo. Porto New Cairo includes residential, commercial and administrative units, in addition to leisure and entertainment facilities.
countryEgypt
locationFifth Settlement, New Cairo
land Area55,000 (m2)
facilitiesDancing fountainShopping MallOver 70 International Restaurants and CafésServiced ApartmentsPapa Porto CarnivalsYear-round Carnivals
7170 THE SUCCESS STORY
4.11
porto Matrouh
Projects Portfolio
countryEgypt
locationMarsa Matrouh City, Mediterranean Sea
land Area339,000 (m2)
Distance550 km from Cairo
facilitiesPrivate beachWater SportsShopping MallOver 20 Restaurants Serviced ApartmentsPapa Porto CarnivalsYear-round CarnivalsHotelSwimming poolsPaint-ballGo-cartingSports Facilities
7372 THE SUCCESS STORY
Port Said, once one of the biggest port cities in Egypt, has long been neglected by investors. As an innovative and pioneer real estate developer, Amer Group has decided to revive the city by launching its all-inclusive Porto Saeed project.
4.12
porto saeed4.13
porto tartous
Projects Portfolio
facilitiesPrivate BeachMarina for Yachts Yacht ClubInternational Spa ComplexWater SportsSwimming PoolsOver 30 RestaurantsCinemas
Entertainment ParkKids ActivitiesShopping MallHotel-Serviced ApartmentsHotelConference Center
countryEgypt
locationPort Said
land Area430,000 (m2)
Distance200 km from Cairo
countrySyria
locationTartous
land Area186,000 (m2)
facilitiesWater SportsSwimming PoolsOver 20 RestaurantsEntertainment ParkKids ActivitiesShopping MallHotel-Serviced ApartmentsHotelConference Center
7574 THE SUCCESS STORY
4.14
porto Dead sea
April 2014 saw the soft-launch of sales at Porto Dead Sea, an 800,000 square meter development with a projected built-up area of 840,000 square meters. The project will ultimately include a five-star Porto hotel, 11,000 residential units and three malls with shopping and dining outlets.
Projects Portfolio
countryJordan
locationDead Sea
land Area800,000 (m2)
facilitiesPrivate BeachShopping MallOver 30 RestaurantsInternational Spa ComplexSports Club Water SportsSwimming PoolsCinemasEntertainment ParkKids ActivitiesHotel-Serviced ApartmentsHotelConference Center
7776 THE SUCCESS STORY
4.15
porto Agadir
Projects Portfolio
countryMorocco
locationAgadir
land Area1.2 million (m2)
facilitiesPrivate BeachShopping MallOver 30 RestaurantsInternational Spa ComplexSports Club Water SportsSwimming PoolsCinemasEntertainment ParkKids ActivitiesHotel-Serviced ApartmentsHotelConference Center
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