Ramallah Financial Quarter

Mrs. Banan Jadallah, Head of Technical Office

Palestine Real Estate Investment Co. (PRICO)

M A B A N I F o r D e v e l o p m e n t & C o n s t r u c t i o n

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%

M A B A N I F o r D e v e l o p m e n t & C o n s t r u c t i o n

Ramallah Financial Quarter

• Project:Project: 18 stories with total build up area of

21,000m2.

• 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)(The Project has Already Started)

M A B A N I F o r D e v e l o p m e n t & C o n s t r u c t i o n

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.

M A B A N I F o r D e v e l o p m e n t & C o n s t r u c t i o n

Al-Quds Bank

Financial QuarterFinancial Quarter

Arab Bank

Grand Park Hotel

Office space is in demand.

Increasing number of financial institutions.

Limited modern and secured buildings.

Ramallah Financial Quarter

M A B A N I F o r D e v e l o p m e n t & C o n s t r u c t i o n

• Opportunities:

Availability of feasibility & financial studies.

Average IRR ranges between 18% and 24%.

Under going agreements with potential clients.

PRICO’s Projects

M A B A N I F o r D e v e l o p m e n t & C o n s t r u c t i o n

• Summary:

Partners for Change