SODIC Sells 776 Properties Across Cairo in 9M

Sixth of October Development and Investment Company (SODIC) sold out 776 properties during the first nine months of 2020, bringing gross contractual sales to EGP 4.1 bn and marking a YoY rise of 23% from EGP 3.34 ...

SODIC Awards EGP 1.7 bn Deals to Construct EDNC

Sixth of October for Development and Investment Company (SODIC) has unveiled plans to deliver its newest commercial project in New Cairo, dubbed "EDNC," in the coming year, after awarding over EGP 1.7 bn contracts ...

SODIC Posts 18% Fall in 9M Profits

Six of October Development and Investment (SODIC) reported an 18% decline in its profits to reach EGP 504 mn in the first nine months of 2019, compared to EGP 612.9 mn in the prior-year period

Sodic Predicts Delivery of 900 Units, 15% Price Increase Next Year

Sodic projects that it will deliver 900 residential units by the end of the year, and that property prices will increase by 15%, but that this will not impact stable demand on real estate in the market.

SODIC Records Net Profit of EGP 158M in H1 2016

Sixth of October Development & Investment Company (SODIC), an Egypt-based real estate developer, recorded a net profit of EGP 97 million for the second quarter of 2016.

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