Sodic

Sodic Developments is considered a major qualitative leap in the huge real estate field located on the Egyptian lands, and it succeeded in making a huge difference for all types of projects in its traditional style, as it provided the most luxurious projects that guarantee sophistication and comfort, in addition to the tourist resorts that distinguished by their charming views of the sea.

Sodic Developments

Since its inception more than 25 years ago, Sodic Company has succeeded in occupying a distinctive position in the Egyptian Real Estate field by combining modern style with Egyptian heritage in the most vital places that guarantee psychological peace and tranquility away from noise, in order to provide its clients with projects that guarantee them comfort, which made it gain a huge segment of customers in the shortest time and an unprecedented speed with high levels of trust, due to its many features, the most important of which are the transparency and credibility in dealing with its customers.

History of Sodic Real Estate Company

Sodic is known as the Sixth of October Development and Investment Company, which was founded in 1996. It began its honorable history by acquiring a plot of land in Sheikh Zayed City with an area of 10 million square meters with the aim of developing the West Cairo area. In 1997, it became a joint-stock company with approximately 6,000 shareholders. The company included many companies and shareholders with different percentages, the most important of which are the following:

• Saudi Olayan Company, with 13.84%.
• RA Holding Company Limited, with 9.16%.
• In addition to Remco AGT, with a share of 7.30%.
• Equity Real Estate Company, with 5.07%.
• And Norges Bank by with 3.84%.
• And Al Majid Investments by 3.08%.
• In addition to 2.45% for Ismail Omar Al-Shteiwi Gharghar Company.
• And 2.39% from Financial Group Hermes.
• 2.12% Financial Holding International Limited.
• 1.84% for the company’s Board of Directors member, Walid Suleiman Abdel Mohsen Abanmi.
• And 1.82% of the share of Yazid Suleiman Abdul Mohsen Abdullah Abanmi.
• And Muhammad Suleiman Abdul Mohsen Abanmi, with 1.74%.
• Cairo National Investment Company, with 0.0117%.
• Alexandria National Company for Financial Investments, with 0.0009%.

Members of the Board of Directors of Sodic Real Estate Company

• Hani Salah Mohamed Sarey El-Din: Chairman of the Company’s Board of Directors.
• Majed Ahmed Sami Mohamed Sharif: Managing Director.
• Hisham Hussein Al-Khazindar: A member of the company’s board of directors.
• Omar Mahmoud Raafat Al-Hamwi: A member of the company’s board of directors.
• Sabah Tayseer Barakat: A member of the Company’s Board of Directors.
• Elizabeth Critchley: A member of the company’s board of directors.
• Timothy Clark Collins: A member of the company’s board of directors.

The most prominent works of The Company

The company has succeeded in providing the most powerful and diverse projects in various construction fields with the highest quality materials while providing the greatest integration of facilities and activities. It also worked to choose the most strategic locations far away from noise to ensure complete privacy and psychological comfort, and the most important of these projects are the following:

• Forty West and October Plaza.
• Carmel Sodic Sheikh Zayed Compound.
• Sodic West Town.
• VYE Sheikh Zayed.
• West Town El-Sheikh Zayed.
• The Estates New Zayed.
• The Polygon Extension.
• Allergia Residence project.
• The Portal Westown Business Park.
• Villette New Cairo project.
• The EDNC project.
• Sodic East Town New Cairo.
• Sodic East New Heliopolis.
• Cesar North Coast Village.
• June Sodic North Coast Village.