Sodic
Market awars-winning large scale developments.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $85.4m | Debt | |
| Total Funding | 000k | ||
SODIC is a real estate development company based in Egypt, established in 1996. The company focuses on the development of large-scale, mixed-use communities in key locations, including West Cairo, East Cairo, and the North Coast. Its portfolio consists of Class-A properties, which encompass residential, commercial, and retail spaces, as well as hospitality and community facilities.
The business model revolves around identifying and acquiring large plots of land in suburban areas and developing them into integrated communities. This includes the development of infrastructure, residential properties for sale, and commercial assets that generate recurring income. SODIC targets a clientele of upper-middle and high-income individuals and families seeking high-quality living environments. The company operates in the Egyptian real estate market, which is characterized by strong demand for housing and commercial space.
Revenue is primarily generated from the sale of residential units within its developments. Additionally, the company generates recurring revenue from the leasing of its commercial and retail properties. SODIC is a publicly-traded company on the Egyptian Exchange, which provides it with access to capital for its development projects.
Keywords: real estate development, mixed-use communities, residential properties, commercial properties, Egyptian market, property sales, asset leasing, urban development, luxury real estate, community development