SODIC
SODIC: Pioneering Real Estate Development in Egypt
With 28 years of successful operations, SODIC stands out as a premier real estate developer in Egypt. Boasting a distinguished track record, the company has made significant strides in West Cairo, East Cairo, and the North Coast.
SODIC: A Legacy of Transparency and Trust
Since its inception, SODIC has been a publicly traded company on the Egyptian Stock Exchange (EGX) under the ticker OCDI.CA. Established in 1996, SODIC stands out as one of the rare non-family-owned entities listed on the EGX, showcasing a commitment to transparency and governance.
Strategic Partnership Fuels SODIC’s Growth
In 2021, a consortium comprising ALDAR and ADQ acquired 85% of SODIC through a mandatory tender offer (MTO). This acquisition represents the largest foreign direct investment (FDI) in the Egyptian real estate market to date. With the support of this strategic partner, SODIC is now well-positioned to achieve ambitious growth.
SODIC: Excellence in Timely Project Delivery
Adhering to a value-driven strategy, SODIC has established a robust reputation for delivering projects on or ahead of schedule. Over the years, its solid governance framework and disciplined project management approach have enabled the company to complete projects ahead of schedule 91% of the time.
Villette - East Cairo: A 1.26 Million Square Meter Project
Edara: Enhancing Quality of Life
A key differentiator for SODIC is its facility management arm, Edara. Established in 2010, Edara is a 100% owned subsidiary of SODIC. It is responsible for providing a comprehensive range of services to SODIC’s residents, ensuring a continuously improving quality of life.
Residential Developments by SODIC :
Allegria
Allegria is an award-winning, world-class development covering 2.4 million square meters. It features an 18-hole Greg Norman Signature Golf Course. Today, Allegria is home to over 1,250 families and is served by The Allegria Club's Country Club.
Beverly Hills:
Beverly Hills, located in Sheikh Zayed City off the Cairo-Alexandria Desert Road, was one of the first large-scale residential compounds to be developed in the area. It comprises 2,985 villas and apartments, and has evolved into a cozy yet vibrant community, becoming a sought-after address in West Cairo. As SODIC’s first venture, Beverly Hills is a mixed-use residential and commercial development spanning 1.9 million square meters, generating over EGP 1 billion in revenue for the company.
Forty West:
Forty West is an exclusive mixed-use signature development designed by the internationally acclaimed Boston-based Machado and Silvetti Architects. This development features high-end, fully-finished apartments, along with a boutique hotel and a 2,000-square-meter piazza.
Sector: Mixed-Use Signature Development
Location: Sheikh Zayed, Cairo
Number of Residential Units: 204
Status: Delivered
Westown Residences
Following the Egyptian Revolution, SODIC became the first developer to launch a project with Westown Residences, which sold out within 48 hours. Remarkably, delivery began in December 2013—setting a record by completing two years after launch and a full year ahead of schedule.
Allegria Residences
Allegria Residence is a fully finished signature development located at the main gateway of SODIC West, with views overlooking Allegria, SODIC’s upscale golf development.
Sector: Residential Development
Location: Sheikh Zayed, Cairo
Number of Residential Units: 147
Status: Delivered
October Plaza
October Plaza features open spaces that encourage an active lifestyle, making it the ideal setting for young, growing families. Its contemporary architecture, walkways, cycling paths, pools, and open spaces seamlessly weave together, providing residents with a true community feel. Strategically located in 6th of October City, just a 10-minute drive from SODIC West, October Plaza is easily accessible from Greater Cairo’s main axis.
