Egypt’s SODIC expects sales of $563mn in 2016: Beltone

Egyptian real estate developer six of October Development & Investment (SODIC) is expected to achieve targeted sales of 5 billion Egyptian pounds ($563mn) during 2016 according Beltone Financial.

Belton added in a research added that the company’s expected sales is supported by launching a new phase in its Caesar project during the third quarter of 2016 with total value of 300 million  pounds.

The expectations also will be backed by launching a new phase in Eastown Residence New Cairo where it would offer new units for sales along with the company’s plans to launch a new phase in Villette New Cairo.