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Ramallah Financial Quarter Mrs. Banan Jadallah, Head of Technical Office Palestine Real Estate Investment Co. (PRICO)

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Presentation on theme: "Ramallah Financial Quarter Mrs. Banan Jadallah, Head of Technical Office Palestine Real Estate Investment Co. (PRICO)"— Presentation transcript:

1 Ramallah Financial Quarter Mrs. Banan Jadallah, Head of Technical Office Palestine Real Estate Investment Co. (PRICO)

2 PRICO’s Projects Basket of 5 Real Estate Projects –Sharafat Housing Project in Jerusalem –Shiekh Jarrah Commercial Building in Jerusalem –Al Naqoura Housing Project in Nablus –Gaza Residential Tower –Ramallah Financial Quarter Total Cost of USD 90 Million PRICO’s contribution is above 50%

3 Ramallah Financial Quarter Project:Project: 18 stories with total build up area of 21,000m 2. LocationLocation: Al-Masyoun, Ramallah Source of Revenues:Source of Revenues: Rent & operation Owner:Owner: Mabani Co. is the outcome of PRICO & PSE. (The Project has Already Started)

4 Ramallah Financial Quarter Competitive Advantages:  Located in the heart of the Financial Zone.  First Financial Quarter in Palestine.  Smart Building (IP solution & BMS).  Secured Building.  PRICO’s long experience in operation & construction. Al-Quds Bank Financial Quarter Arab Bank Grand Park Hotel

5  Office space is in demand.  Increasing number of financial institutions.  Limited modern and secured buildings. Ramallah Financial Quarter Opportunities:

6  Availability of feasibility & financial studies.  Average IRR ranges between 18% and 24%.  Under going agreements with potential clients. PRICO’s Projects Summary:

7 Partners for Change


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