{"id":648309,"date":"2024-10-08T00:00:00","date_gmt":"2024-10-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/08\/sodic-launches-latest-flagship-commercial-destination-new-cairos-ednc\/"},"modified":"2024-10-08T00:00:00","modified_gmt":"2024-10-08T00:00:00","slug":"sodic-launches-latest-flagship-commercial-destination-new-cairos-ednc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/08\/sodic-launches-latest-flagship-commercial-destination-new-cairos-ednc\/","title":{"rendered":"SODIC launches latest flagship commercial destination: New Cairo\u2019s EDNC"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Introducing SODIC\u2019s EDNC: <\/strong>EGX-listed real estate developer SODIC has launched Eastown District New Cairo (EDNC), \u201cits latest flagship commercial destination,\u201d that <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/415.pdf\" style=\"\" rel=\"noopener\">it says (pdf)<\/a> will \u201credefine New Cairo\u2019s retail and leisure landscape.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The development will include <\/strong><strong>14,765<\/strong><strong> square meters<\/strong> of gross-leasable area.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Confirmed retail partners<\/strong> include: <\/p>\n<ul>\n<li><strong>Food & beverage: <\/strong>Brunch & Cake, Bascota, Izmir Saraya, Canel\u00e9 patisserie, Bittersweet, CLAY, Shogun Japanese Restaurant, Ahwet Mehanna, Coco, 3 Diner;<\/li>\n<li><strong>Retail: <\/strong>Concrete, Weaving Grace, KOG, BTC, Diamond Forever, Al Baraka Bank, Seoudi Market, Mohamed El Sagheer Salon;<\/li>\n<li><strong>Nightlife:<\/strong> Gigi Burger Bar and The Grand Theatre.<\/li>\n<\/ul>\n<ul>\n<li><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EDNC will also house Egypt\u2019s first Nobu restaurant<\/strong>, which is set to open in early 2025, and a Nobu hotel <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nobu?<\/strong> A luxury hotel and restaurant company founded in the 1990s by celebrity chef Nobuyuki Matsuhisa and Robert De Niro.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** We were joined by SODIC General Manager Ayman Amer at this year\u2019s <\/strong><strong>EnterpriseAM Finance Forum<\/strong> to hear his insights on the country\u2019s real estate sector. Check out our conversation with Amer and other industry heavyweights <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5257df93-1524-42f7-87a2-35a865c0e808\/a-look-into-egypt%25e2%2580%2599s-real-estate-market\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate developer say the project will \u201credefine New Cairo\u2019s retail and leisure landscape\u201d<\/p>\n","protected":false},"author":1,"featured_media":648310,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7371],"tags":[72,8823,83,312],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-enterpriseam","tag-nobu-hospitality","tag-real-estate","tag-sodic","wpautop","entry"],"acf":{"mongo_id":"16e6960f-9634-43cd-ba49-0692c04c44e0","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/530.jpg","photo_position":"above","homepage_title":"","full_issue_title":"SODIC launches latest flagship commercial destination: New Cairo\u2019s EDNC","related_issue":[648295],"teaser":"The real estate developer say the project will \u201credefine New Cairo\u2019s retail and leisure landscape\u201d","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.c2953b31-e2f6-4595-b4db-d8cb7dff2c63.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The company has so far signed EGP 1.7 bn in contracts with construction firms and over 50% of the construction work\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":590651,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/30\/sodics-soreal-signs-egp-1-bn-facility-with-cib-to-finance-its-ednc-project\/","url_meta":{"origin":648309,"position":1},"title":"Sodic\u2019s Soreal signs EGP 1 bn facility with CIB to finance its EDNC project","author":"enterpriseam admin","date":"30 December 2019","format":false,"excerpt":"DEBT WATCH- Sodic subsidiary signs EGP 1 bn medium term facility with CIB: Sodic subsidiary Soreal for Real Estate Development signed a EGP 1 bn medium term facility with CIB to partially finance Sodic\u2019s first non-residential offering in East Cairo EDNC,the company said in a press release (pdf). EDNC is\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":573257,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/27\/sodic-boss-expects-egypts-real-estate-sector-to-recover-starting-2h2020\/","url_meta":{"origin":648309,"position":2},"title":"Sodic boss expects Egypt\u2019s real estate sector to recover starting 2H2020","author":"enterpriseam admin","date":"27 July 2020","format":false,"excerpt":"Sodic boss expects real estate to stage recovery starting 2H2020: Property sales could start bouncing back throughout the second half of this year after the government relaxed covid-19 measures and amid the ongoing gradual return to \u201cnormal life,\u201d our friend Sodic CEO Magued Sherif told Al Mal and Hapi Journal\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\/2020\/7\/210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556967,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/01\/sodic-prepares-to-restart-sales-collections-on-500-acre-west-cairo-plot\/","url_meta":{"origin":648309,"position":3},"title":"SODIC prepares to restart sales, collections on 500-acre West Cairo plot","author":"enterpriseam admin","date":"1 September 2021","format":false,"excerpt":"SODIC is looking forward to the \u201cimminent\u201d resumption of sales and collections on a 500-acre plot in West Cairo\u2019s New Zayed, a senior company official tells us. The upmarket real estate developer paused both collection and new sales earlier this year on the plot(pdf) after the Housing Ministry proposed moving\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594428,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/sodic-launches-first-phase-of-apartment-buildings-in-east-cairo-development\/","url_meta":{"origin":648309,"position":4},"title":"SODIC launches first phase of apartment buildings in east Cairo development","author":"enterpriseam admin","date":"29 October 2019","format":false,"excerpt":"Upscale real estate developer SODIC has launched the first phase of apartment buildings in its flagship SODIC East development, an East Cairo equivalent of SODIC West on the Cairo-Alexandria desert road, the company said yesterday (pdf). The phase includes low-rise, five-story apartment buildings around a 4k sqm green park. The\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":573175,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/sodic-awards-egp-1-2-bn-in-contracts-at-flagship-sodic-east-development\/","url_meta":{"origin":648309,"position":5},"title":"SODIC awards EGP 1.2 bn in contracts at flagship SODIC East development","author":"enterpriseam admin","date":"22 July 2020","format":false,"excerpt":"Upmarket real estate developer SODIC has awarded EGP 1.2 bn in contracts at its flagship SODIC East development to date since breaking ground on the project in 2018, according to a statement (pdf). More than 65% of the development\u2019s single family homes now have a complete concrete skeleton, the statement\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648309","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=648309"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648309\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/648310"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648309"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648309"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}