The New Urban Communities Authority (NUCA) announced that it is planning to revise prices for its units in Rehab and Madinaty, in light of the lower-than-expected demand on the latest launch for Bait Al-Wattan, in which 1,209 land plots were sold, out of a total of 4,789 offered. NUCA had announced plans to offer 2,000 units, with expected sales proceeds amounting to EGP1.3 billion. The price per sqm in Rehab had been set at USD1,000 and USD770 for Madinaty, for Egyptians abroad, and EGP7,960 and EGP6,210, for locals, respectively. The total inventory of units for NUCA as part of its in-kind agreement with Talaat Moustafa Group (TMG) amounts to 10,680 units, of which 7,920 are in Madinaty (with unit sizes ranging between 58 sqm and 211 sqm), while the remaining 2,760 are in Rehab (with unit sizes ranging between 58 sqm and 162 sqm). (Al Borsa)   TMG Holding: EGP4.47 as of 15 February 2016, Rating: Buy, FV: EGP16.01 per share, MCap: USD1,178 million, TMGH EY / TMGH.CA