Times Developments Acquires 3 Companies; Pledges EGP 12 Bn Investments

The acquisition helps support Times’ future expansion plans in Egypt, especially in the East and West Cairo and the North Coast.

Zodiac Group Acquires Capital Gate Development

The acquisition aims to boost the volume of Zodiac’s business and investments in the local market and contribute to Egypt’s plan to develop fourth-generation cities.

SODIC Presents Non-Binding Acquisition Offer for Orascom Development’s Real Estate Unit

ORE is the owner of O West, which is a mega real estate development located on 4.2 sqm in West Cairo.

Orascom Development Receives Non-Binding Acquisition Offer for Real Estate Arm

The offer pends fulfillment of several conditions, including the completion of due diligence, ODE’s corporate approvals, in addition to all relevant regulatory approvals.

Times Developments Acquires 3 Companies to Launch 3 New Projects

Times Developments acquires three development companies, namely Egyptian Developers, Mass, and Connex, with a total area of 258,955 sqm, Invest-Gate reports.

Aldar & ADQ Acquires SODIC’s Majority Stake in a EGP 6.1 bn deal

SODIC’s shareholders agree to sell 85.52% of the company's issued share capital to a consortium that is 70% controlled by Aldar and 30% by ADQ, making the Aldar-ADQ consortium the largest and majority shareholder ...

UAE’s Chimera Acquires 25% of Sawiris’ Gemini

The UAE’s Chimera acquires 25% of Sawiris’ Gemini in a USD 100 mn transaction

SODIC Acquires 123 Acre-Extension To “The Estates” in West Cairo

ODIC announces that its fully owned subsidiary, Al Yosr for Projects and Real Estate Development, has received approval from the Sheikh Zayed City Development Authority to acquire the 123-acre land plot in West Ca ...

Ghabbour, Other Investors Acquire NCHD for USD 50 mn

Some Egyptian businessmen have recently acquired the New City Housing and Development Company (NCHD), a subsidiary of Orascom Development Egypt (ODE), through an English investment fund and one of GB Capital compa ...

Dubai’s Rasmala Completes Acquisition of DuPont Office for USD39mn

Dubai-based Rasmala has completed the acquisition of a biomedical laboratory and prime office real estate asset in the Netherlands for USD 39.537 mn

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