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Overview/

Milestones

Another cycle of growth begins

2019

  • SODIC launches Allegria Residences.
  • SODIC launches two projects in New Zayed, The Estates, an upscale community spanning 630,000 sqm, and VYE, the first of three neighborhoods within a 500-acre development.

2018

  • SODIC signs revenue share deal on 300 acres in North Coast, launches Malaaz.
  • SODIC awarded 500-acre plot in West Cairo in partnership deal with NUCA.
  • SODIC launches EDNC.

2017

  • SODIC East’s landmark first launch of EGP 1.7 billion was sold out.
  • Issuance of presidential decree rezoning Al Yosr to residential land bringing the plot one step closer to monetization.

Flourishing in an improved environment

2016

  • SODIC launches Westown Medical Centre — SODIC’s first medical development.

2015

  • SODIC enters the North Coast launches Caesar.

Thriving despite challenges

2013

  • Launch of its Eastown Residences development, a project that has reeled in phenomenal success in terms of sales and price appreciation.

2012

  • SODIC launches Westown Hub, its first leasable asset in SODIC West.

2011

  • First developer to launch a project after the revolution with its Westown Residences, which sold out within 48 hours.

Repositioning & Growth

2009

  • Ventured into the commercial segment with The Polygon and The Strip developments and luxury mixed use development Forty West.

2008

  • SODIC diversifies its land bank and acquires 1 million sqm in East Cairo.

2007

  • SODIC launches Allegria transforming the company’s brand identity into a luxury developer.

Solid Foundations

1997

  • SODIC launches its Beverly Hills development on a 1.7 million sqm plot of land, which today is home to over 2,900 families.

1996

  • SODIC established as a publicly traded company with more than 6,000 shareholders.
  • The company purchases its first 10 million sqm plot of land in Sheikh Zayed as part of its founders’ vision of developing a residential community on the Western outskirts of Cairo.