Sodic, one of the region's leading real estate development companies, will soon launch the first phase of Villette, its integrated community project in New Cairo, Egypt.
The project, which has been master-planned by renowned America
Sodic, Egypt's third-largest listed property group, reported a 37.4 per cent rise in nine-month net profit on Tuesday on the back of strong sales as one of its property developments came on to the market.
The company said net
Sodic, Egypt's third-largest listed property developer, has completed a 1 billion pound ($139 million) capital increase to help finance new projects as the country's real estate market begins to recover.
Sodic, also known
Sodic, one of Egypt's largest listed real estate developers, plans to invest E£2.4 billion ($336 million) in 2015 and is on the look out for new projects as the sector recovers from three years of turmoil, its managing director said.
Sixth of October Development and Investment Company (Sodic) posted EGP91 mllion ($12.6 million) net profit for the first half of the year, on the back of strong sales and a replenished land bank.
The key milestones achieved includ
Egypt-based Sixth of October Development and Investment Co (Sodic) and Tameer Mortgage Company (Al Oula) have signed a co-operation protocol at the ongoing Cityscape Real Estate Summit in Cairo.
The protocol en
Sodic, a leading real estate development company in Egypt, said it has handed over one of its buildings at its Polygon Business Park to Juhayna Food Industries.
The two home-grown Egyptian companies had last January signed a deal
Sodic, one of the region’s leading real estate development companies, has reported net consolidated revenues of EGP327 million ($47 million), thus posting an increase of 152 per cent quarter-on-quarter.
Sodic concluded an op
One of Egypt's biggest property developers, Sodic, warned that it was running out of land for new development and said it hoped an interim government would approve new tracts.
Reflecting the wider problems