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

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