SODIC Eyes EGP 14 bn in Sales in 2022
Sixth of October Development & Investment Company (SODIC) has over 25 years of experience in the Egyptian real estate market and always plans to expand in various places.
Features / The Real Deal: Investment
Real Estate During Coronavirus: to Invest or Not to Invest?
With Egypt being one of the largest rising realty sectors in the MENA region for the past couple of years, we happen to bump into the question of how safe it is to gamble on real estate amid the pandemic. Invest-Gate takes these auguries to local market players to figure the bottom line.
Egypt’s Property Developers Bet Big on Sales Revival With Grand Offers
Hit hard by the prolonged slowdown in the realty sector, developers are betting big on the current season for the revival of their fortunes, making every effort to woo home shoppers with freebies and discounts. Invest-Gate looks under the hood to see if these marketing gimmicks offer value to buyers by interviewing several Egyptian real estate developers, who share their insights on how the year is coming together as well as present the various attractive offers tailored to cater to the changing consumer behavior, asking them to also layout the cascading effect on their sales and profit margins.
Life After Coronavirus: Medical Care in Urban Communities
Invest-Gate examines the extent to which COVID-19 led to a surge in the need for medical care within Egypt’s new mixed-use developments, therefore scrutinizing the impediments to the wide inclusion of health services within these communities to help property developers respond to this rising consumer need through their newly-crafted masterplans.
Public-Private Partnerships: Salvation to Growth in Crisis
In an attempt to avert the erosion of likely future growth of PPPs and catalyze the involvement of private players, Invest-Gate seeks to scrutinize the bottlenecks and shortcomings real estate companies face when carrying out co-development projects, opting to navigate stumbling blocks ahead and bidding to boost efforts to strengthen the business climate for these well-heeled partnerships.
COVID-19 Effect on Those Across This Sector
The coronavirus effect on the real estate sector is still questionable especially with the ongoing work on urban projects, and the state’s desire to keep the balance between work and their safety and health. Thus Invest-Gate displays the impact of the pandemic on those working in real estate, mainly construction and architecture. Here is what is going on in some firms amid the outbreak and the worldwide precautionary measures.
Greater Cairo Goes ‘Back To The Future’
Amid plans of establishing new cities, the Egyptian government remains keen on developing old ones, especially Cairo, and returning it to its past glory of the 20th century. Invest-Gate displays the latest developments the government undertook in Cairo to give you the current complete picture of its latest renovations. Cairo is going back to its glorious days of the early 20th Century in the very near future.
What Does the 2020 Crystal Ball Hold for Real Estate?
While it is impossible to predict the market's exact direction during the upcoming period, Invest-Gate asks several senior property professionals to look into their crystal ball, thereby taking a deep dive into a pool of forecasts for 2020, as well as, scrutinizing the latest real estate trends and data. We also seek answers to the million-dollar question that will perhaps influence the local investors’ future plans: "How will the housing market shake out next year?"
Real Estate Portfolio Diversified Ways & Benefits
Invest-Gate walks through the possible ways of diversification, which would essentially help investors eschew “success dependency on a single business,” while looking for the ultimate real estate portfolio excelling in that sense in today’s Egyptian market. We also explore the hurdles stumbling developers to adopt this strategic business model in the North African country.
Opinion: Windows Onto Real Estate Funds
Real estate funds help create growth in the property market by driving the “institutional” type of activity on the buy side, in addition to offering fund investors the opportunity to diversify their project portfolio and enter the commercial/retail market at a fraction of the whole asset ticket prices.
