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Sodic's gross contracted sales for 2021 soars to $720mLeading Egyptian property developer Sodic has announced solid results for FY 2021 with the group's gross contracted sales for the year surging 54% year-on-year to hit E£11.36 billion ($720 million) generated by the sale of 1,745 unit More… |
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Clifford Chance advises Aldar on strategic Sodic stake buyInternational law firm Clifford Chance said it had played a major advisory role for Abu Dhabi developer Aldar Properties in connection with the acquisition of 85.52% of the outstanding share capital of Egyptian developer Sodic in consortium wi More… |
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Aldar-ADQ consortium acquires 85% of SodicA consortium comprising Aldar Properties (Aldar) and ADQ will acquire approximately 85.52% of the outstanding share capital of Egypt's Sixth of October for Development and Investment (Sodic) following a successful mandatory tender offer (M More… |
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Aldar-ADQ consortium to buy 85pc stake in Sodic for $387mAn Abu Dhabi investor consortium, comprising Aldar, one of the UAE’s largest real estate groups, and top investor ADQ, has reached an agreement with Egyptian property development company Sodic to acquire its 85% stake in a transaction va More… |
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Sodic signs $100m long-term syndicated facilityLeading real estate developer Sodic has signed a long-term syndicated facility worth EGP1.57 billion ($100 million) with Arab African International Bank (AAIB) and Banque Misr (BM) to finance its West Cairo flagship development Sodic West. More… |
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Sodic signs $100m long-term syndicated facilityLeading real estate developer Sodic has signed a long-term syndicated facility worth EGP1.57 billion ($100 million) with Arab African International Bank (AAIB) and Banque Misr (BM) to finance its West Cairo flagship development Sodic West. More… |
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Sodic to open first sports measurements medical centreSodic, the leading real estate developer, has signed a Memorandum of Understanding (MoU) with the Olympic Council at Kazan Russia to bring to Egypt the first Sports Measurements Medical Centre in the Middle East. More… |
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Sodic to open first sports measurements medical centreSodic, the leading real estate developer, has signed a Memorandum of Understanding (MoU) with the Olympic Council at Kazan Russia to bring to Egypt the first Sports Measurements Medical Centre in the Middle East. More… |
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Aldar consortium submits tender offer for majority stake in SodicLeading UAE developer Aldar Properties (Aldar) said its consortium with ADQ has submitted for approval by the Egyptian Financial Regulatory Authority (the FRA) an all-cash mandatory tender offer (MTO) for up to 90% and a minimum of 51% of the More… |
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Sodic signs partnership agreement with Orange EgyptLeading real estate developer Sodic said it has signed a partnership agreement with Orange Egypt, a leading provider of integrated telecommunications services, to deploy the latest integrated smart solutions across all its real estate projects More… |
