Our Story
SODIC, a leading real estate developer in Egypt, boasts a remarkable history of 25 years of successful ventures in West Cairo, East Cairo, and the North Coast. Creating large-scale, diverse communities, SODIC is currently a residence for over 30,000 individuals. Since 1996, SODIC has been listed on the Egyptian stock exchange (EGX) standing out as one of the few non-family-owned companies traded on the exchange.
Our Major Achievements
with NOBU hospitality
EDNC
to receive Edge Advanced Certification
EGP 49Bn
up by 64% YoY
SODIC Egypt
>SODIC in Numbers
27
of Operations10
Developments
30,000
residents
17mn
Total landbank
Aldar’s Relationship with SODIC
Since 2021, Aldar has been a long-term strategic investor in Sixth of October for Development and Investment (SODIC), holding a majority stake through a consortium, alongside Abu Dhabi holding company ADQ. Aldar controls 70% of the consortium that owns approximately 85.5% of SODIC, with ADQ controlling the other 30%.
Through active representation on SODIC’s board, the consortium continues to work closely with the company’s senior management team by leveraging Aldar’s scale, long-standing expertise, development capabilities, network and focus on operational excellence in order to unlock opportunities, expand business networks, and implement best practice across many areas of common interest and expertise.