SODIC is a customer-focused mixed-use developer. Twenty five years young and driven by a progressive vision, innovation is at the heart of everything we do, our purpose is to deliver dynamic communities to which our residents belong.
Since our inception in 1996, SODIC has operated with a deep-rooted belief that there is infinite untapped potential in the outskirts, away from ever-congested Cairo. There lies the opportunity for us to provide our residents with a radically improved quality of life and deliver to our investors all at once. Our well-diversified landbank, prime assets portfolio and our strong balance sheet provides us with solid footings to deliver to all our stakeholders.
SODIC has proven to be a permanent fixture in Egypt’s real estate industry, pioneering the development of high-end urban and suburban communities on the outskirts of Cairo. We leverage our strong culture and values, staying customer-centric and delivering trendsetting projects that we continue to reinvest in, enabling us to grow our sales while enhancing our brand equity. Subsequently, the strong demand for SODIC products allows us to price our developments at a premium to the market. It also provides SODIC with access to accretive land partnership deals and facilitates our ability to monetize land. We remain committed to maintaining our strong reputation for quality developments with timely deliveries while paying consistent attention to Egypt’s dynamic real estate industry and client needs.
Throughout economic uncertainty and political transition, SODIC has witnessed steady growth over the last decade. We take pride in our strong reputation for timely deliveries, having delivered ahead of schedule more than 90% of the time over the past 5 years. With 10 large scale developments across East Cairo, West Cairo and the North Coast, SODIC’s underlining ability to achieve exponential growth in a typically cyclical industry has been demonstrated over more than 20 years of operations.
We pride ourselves in the diversity of our shareholders; they contribute to our legacy of success. Being a non-family-owned businesses with a strong governance framework is directly correlated to how we do business and deliver long-term sustainable returns. Our performance-driven culture and our prudent approach to managing the business keep us on track to deliver to all our stakeholders.
SODIC has been delivering award-wining developments for over two decades, pioneering the establishment of expansive mixed-use communities across new urban suburbs on the outskirts of Cairo. Our meticulously planned, spacious developments on both the west and east sides of Cairo continue to stand at the forefront of the increasing market demand for relocation away from the ever-congested central Cairo. Building on our solid foundations in Cairo, SODIC’s expansion into the second homes market in 2015 has been very well received and marked the beginning of our strategy for further growth across new geographies and real estate segments.