{"id":634971,"date":"2018-01-30T04:31:13","date_gmt":"2018-01-30T04:31:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/sodic-targets-egp-8-76-bn-in-contract-sales-in-2018\/"},"modified":"2018-01-30T04:31:13","modified_gmt":"2018-01-30T04:31:13","slug":"sodic-targets-egp-8-76-bn-in-contract-sales-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/sodic-targets-egp-8-76-bn-in-contract-sales-in-2018\/","title":{"rendered":"SODIC targets EGP 8.76 bn in contract sales in 2018"},"content":{"rendered":"

SODIC is targeting EGP 8.76 bn in contract sales this year<\/strong>, according to a company disclosure to EGX<\/a>. The company is also eyeing sales of EGP 57.8 bn in the next 10 years from its SODIC East project. The first phase of SODIC East has already sold out with EGP 1.8 bn in contracted sales, CEO Magued El Sherif said last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

SODIC is targeting EGP 8.76 bn in contract sales this year, according to a company disclosure to EGX. The company is also eyeing sales of EGP 57.8 bn in the next 10 years from its SODIC East project. The first phase of SODIC East has already sold out with EGP 1.8 bn in contracted sales, […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634971","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1bf7fd5b-e853-48d4-af8b-c062a0a9756d","order":"0","is_powered_by":true,"section_story_id":"b69e24a3-7687-40d2-a9ec-b59e9c4ea00b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634956],"teaser":"","voice_url":""},"yoast_head":"\nSODIC targets EGP 8.76 bn in contract sales in 2018 - 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\/2018\/01\/30\/sodic-targets-egp-8-76-bn-in-contract-sales-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SODIC targets EGP 8.76 bn in contract sales in 2018\" \/>\n<meta property=\"og:description\" content=\"SODIC is targeting EGP 8.76 bn in contract sales this year, according to a company disclosure to EGX. The company is also eyeing sales of EGP 57.8 bn in the next 10 years from its SODIC East project. 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The project\u2019s first phase, involving 350 units, was sold out in seven days, he says. The project is being co-developed with Heliopolis Housing over a 655 feddan land plot. 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Revenues increased by 88% y-o-y to EGP 1.173 bn. The surge in revenues was driven by a 103% y-o-y rise in deliveries in 1H2017. \u201cNet contracted sales for the\u2026","rel":"","context":"In "Speed Round"","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":636074,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/heliopolis-housing-to-get-30-of-revenues-from-sodic-east-sales\/","url_meta":{"origin":634971,"position":3},"title":"Heliopolis Housing to get 30% of revenues from SODIC East sales","author":"enterpriseam admin","date":"20 December 2017","format":false,"excerpt":"Heliopolis Housing will get 30% of the sales revenues of residential units and 30.2% from commercial units at SODIC East, according to a bourse disclosure. The project\u2019s first phase, bringing in EGP 1.8 bn, was sold out in seven days, SODIC CEO Magued Sherif had announced during the week. 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