About SODIC

SODIC is a leading real estate developer in Egypt with over three decades of proven success across West Cairo, East Cairo, and the North Coast. Guided by a customer-first approach, we create sustainable, mixed-use communities that set new benchmarks of quality for all our stakeholders. Today, these communities are home to over 30,000 residents.

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Developments

From concept to completion, we ensure every development is thoughtfully designed, carefully executed, and built to enhance the comfort and quality of life for residents.

Life at SODIC

We bring thoughtful planning and sustainable design together to create communities where residents can enjoy comfort, convenience, and a balanced lifestyle.

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SODIC Secures EGP 2.45 Billion Facility to Keep June on Schedule

SODIC Secures EGP 2.45 Billion Facility to Keep June on Schedule

SODIC signed an EGP 2.45 billion bridge facility with Commercial International Bank to help fund the remaining construction at June, its 280-acre Miami-inspired development in Ras El Hekma, with handovers scheduled to begin in the second half of 2025.

Financing news like this is worth reading as a delivery signal: SODIC's bank debt stood at EGP 3.8 billion at the end of 2024, a low 0.33x debt-to-equity ratio, so this facility is topping up an already conservative balance sheet rather than plugging a shortfall. For a buyer at June, that lowers the risk of construction stalling for lack of funds.

Contact Fair Direction for current payment plan terms on June units.

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