{"id":603111,"date":"2019-04-15T03:58:21","date_gmt":"2019-04-15T03:58:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/sodic-launches-and-sells-allegria-residence\/"},"modified":"2019-04-15T03:58:21","modified_gmt":"2019-04-15T03:58:21","slug":"sodic-launches-and-sells-allegria-residence","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/sodic-launches-and-sells-allegria-residence\/","title":{"rendered":"SODIC launches and sells \u201cAllegria Residence\u201d"},"content":{"rendered":"<p>Real estate developer SODIC has launched its upscale apartment complex \u201cAllegria Residence,\u201d achieving EGP 500 million in booked sales, the company <a href=\"https:\/\/ent.news\/2019\/4\/679.pdf\">said in a press release (pdf)<\/a>. SODIC launched the first phase of the project last month, which includes 83 apartments, and \u201cwas met with unparalleled demand.\u201d Allegria Residence\u2019s \u201cstrong performance comes as a testament to SODIC\u2019s ability to create value for its clients and builds on SODIC\u2019s proven record of on-time delivery of integrated mixed-use developments,\u201d the company said. SODIC is also launching \u201cSix West\u201d, a complex of seven apartment buildings, this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate developer SODIC has launched its upscale apartment complex \u201cAllegria Residence,\u201d achieving EGP 500 million in booked sales, the company said in a press release (pdf). SODIC launched the first phase of the project last month, which includes 83 apartments, and \u201cwas met with unparalleled demand.\u201d Allegria Residence\u2019s \u201cstrong performance comes as a testament [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9304],"tags":[7097,72,7111,83,2402,312],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603111","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-development","tag-enterpriseam","tag-infrastructure","tag-real-estate","tag-real-estate-housing","tag-sodic","wpautop","entry"],"acf":{"mongo_id":"5e489fbc-ae8d-4f22-b9b3-2fcdca9e37bc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[603076],"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 launches and sells \u201cAllegria Residence\u201d - 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\/04\/15\/sodic-launches-and-sells-allegria-residence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SODIC launches and sells \u201cAllegria Residence\u201d\" \/>\n<meta property=\"og:description\" content=\"Real estate developer SODIC has launched its upscale apartment complex \u201cAllegria Residence,\u201d achieving EGP 500 million in booked sales, the company said in a press release (pdf). SODIC launched the first phase of the project last month, which includes 83 apartments, and \u201cwas met with unparalleled demand.\u201d Allegria Residence\u2019s \u201cstrong performance comes as a testament [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/sodic-launches-and-sells-allegria-residence\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-15T03:58:21+00:00\" \/>\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\/04\/15\/sodic-launches-and-sells-allegria-residence\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/sodic-launches-and-sells-allegria-residence\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SODIC launches and sells \u201cAllegria Residence\u201d\",\"datePublished\":\"2019-04-15T03:58:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/sodic-launches-and-sells-allegria-residence\/\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"EnterpriseAM\",\"infrastructure\",\"real estate\",\"Real Estate + Housing\",\"SODIC\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/sodic-launches-and-sells-allegria-residence\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/sodic-launches-and-sells-allegria-residence\/\",\"name\":\"SODIC launches and sells \u201cAllegria Residence\u201d - 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The facility will be used in part to repay a EGP 900 mn syndicated facility previously signed in 2013 to finance the SODIC West project.\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\/2017\/4\/442.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650721,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/spotlight-on-the-cityscape-egypt-conference\/","url_meta":{"origin":603111,"position":2},"title":"Spotlight on the Cityscape Egypt conference","author":"enterpriseam admin","date":"30 March 2017","format":false,"excerpt":"We stopped in on the Cityscape Egypt real estate conference yesterday, where we are proud to have seen our friends at SODIC win two awards. 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Medcom plans to complete another 46 villas by July 2018, Mahmoud tells AMAY. Both phases of\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":600914,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/sodics-land-has-no-real-exposure-to-presidential-decree\/","url_meta":{"origin":603111,"position":4},"title":"SODIC\u2019s land has no real exposure to presidential decree","author":"enterpriseam admin","date":"13 February 2019","format":false,"excerpt":"Real estate developer SODIC\u2019s total land bank currently sits at 15.9 mn sqm, the company said, according to Al Mal. 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SODIC is expected to launch the first phase of the project in October, Heliopolis Housing deputy chairman Wael Youssef says. 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