Arab Finance: Sixth of October Development and Investment Company (SODIC) is celebrating its 30th anniversary, having established itself as a leading player in the Egyptian real estate market.

The group has succeeded in delivering a balanced model of real estate development based on quality, sustainability, and a deep understanding of market needs.

As for its geographical expansion, SODIC launched coastal projects in the North Coast, including Ogami, Caesar, and June. In East Cairo, the company launched modern projects like Eastvale, Sodic East, and V Residences.

SODIC created a land portfolio exceeding 23 million square meters, more than 60% of which has been developed. This is in addition to launching over 14 projects across three key regions in line with the company’s strategy to manage assets efficiently and balance expansion with maintaining high-quality execution.

Over the years, the company has sold more than 19,000 residential units and delivered over 15,000 units on schedule, often ahead of schedule.

Its current projects serve more than 35,000 residents in integrated communities, reflecting the company's strategy to create comprehensive living environments, not just residential units.

In 2021, SODIC embarked on a new phase of accelerated growth, witnessing remarkable leaps in operational and financial performance. Sales hiked by 326%, profits by 422%, and revenues by 207%.

Its land portfolio was expanded by more than 2,000 acres, reflecting the company’s investment vision and its ability to maximize returns and enhance its competitiveness.

During the first quarter (Q1) of 2026, SODIC posted EGP 297.655 million in consolidated net profits attributable to the equity holders, compared to EGP 950.668 million in Q1 2025.