{"id":594827,"date":"2019-09-09T04:11:23","date_gmt":"2019-09-09T04:11:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/"},"modified":"2019-09-09T04:11:23","modified_gmt":"2019-09-09T04:11:23","slug":"sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/","title":{"rendered":"Sodic to invest EGP 34 bn in four New Zayed projects in next decade"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <b>INVESTMENT WATCH- Sodic will invest EGP 34 bn in four new projects in New Zayed over the coming decade<\/b>, it <a href=\"https:\/\/ent.news\/2019\/9\/2363.pdf\">said in a statement yesterday (pdf)<\/a>. The first of these projects is \u2018The Estates,\u2019 planned to launch this month <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/29\/nuca-approves-sodics-master-plan-for-the-estates-project\/\">following approval<\/a> by the New Urban Communities Authority in August. The upscale real estate developer is the first in the sector to purchase land in New Zayed, where it currently owns 650 acres.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Sodic will invest EGP 34 bn in four new projects in New Zayed over the coming decade, it said in a statement yesterday (pdf). The first of these projects is \u2018The Estates,\u2019 planned to launch this month following approval by the New Urban Communities Authority in August. The upscale real estate developer is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":594828,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,879,83,312,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-new-urban-communities-authority","tag-real-estate","tag-sodic","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"002a4711-b933-49c7-965b-dfa848eba344","is_powered_by":true,"section_story_id":"66e94785-feb3-4474-a741-622d688ca2bb","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/9\/827.jpg","photo_position":"above","related_issue":[594815],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sodic to invest EGP 34 bn in four New Zayed projects in next decade - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sodic to invest EGP 34 bn in four New Zayed projects in next decade\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Sodic will invest EGP 34 bn in four new projects in New Zayed over the coming decade, it said in a statement yesterday (pdf). The first of these projects is \u2018The Estates,\u2019 planned to launch this month following approval by the New Urban Communities Authority in August. The upscale real estate developer is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-09T04:11:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/827.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sodic to invest EGP 34 bn in four New Zayed projects in next decade\",\"datePublished\":\"2019-09-09T04:11:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/9\/827.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"New Urban Communities Authority\",\"real estate\",\"SODIC\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/\",\"name\":\"Sodic to invest EGP 34 bn in four New Zayed projects in next decade - 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Located in New Zayed, 5 km north of Sodic West, the 630k sqm all-villa compound will include a clubhouse and a spa. The Estates\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595096,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/sodic-in-talks-with-local-banks-for-egp-1-bn-for-east-west-cairo-projects\/","url_meta":{"origin":594827,"position":1},"title":"Sodic in talks with local banks for EGP 1 bn for east, west Cairo projects","author":"enterpriseam admin","date":"16 September 2019","format":false,"excerpt":"Premier real estate developer Sodic is in talks with Banque Misr and other local banks to acquire a 3-5 year, EGP 1 bn facility for its projects in east and west Cairo, sources told Al Mal. The facility will be used to cover part of development costs estimated to be\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602270,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/sodic-signs-purchase-agreement-for-500-acre-plot-in-egypts-sheikh-zayed\/","url_meta":{"origin":594827,"position":2},"title":"SODIC signs purchase agreement for 500-acre plot in Egypt\u2019s Sheikh Zayed","author":"enterpriseam admin","date":"24 March 2019","format":false,"excerpt":"SODIC lands 500-acre plot in Egypt\u2019s Sheikh Zayed: SODIC signed on Thursday a EGP 15.3 bn purchase agreement with the New Urban Communities Authority (NUCA) for a 500-acre plot in Sheikh Zayed, the real estate developer said in a statement (pdf). 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The upscale real estate developer had signed a partnership with NUCA for the development in March. The first phase of the project is Vye,\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557044,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/sodic-acquires-new-zayed-plot-for-egp-1-24-bn\/","url_meta":{"origin":594827,"position":5},"title":"SODIC acquires new Zayed plot for EGP 1.24 bn","author":"enterpriseam admin","date":"5 September 2021","format":false,"excerpt":"Upmarket real estate developer SODIC will purchase a 123-acre plot in Sheikh Zayed City for EGP 1.24 bn, the company said in a statement (pdf) Thursday, after the Sheikh Zayed City Development Authority accepted an offer of EGP 2,385 per sqm, payable over six years. The new plot, which is\u2026","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/51.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=594827"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594827\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/594815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/594828"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=594827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=594827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=594827"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=594827"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=594827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}