{"id":2749,"date":"2021-05-20T07:22:16","date_gmt":"2021-05-20T07:22:16","guid":{"rendered":"https:\/\/www.nawy.com\/blog\/?p=2749"},"modified":"2021-05-20T07:22:16","modified_gmt":"2021-05-20T07:22:16","slug":"will-aldar-properties-abu-dhabi-take-over-sodic","status":"publish","type":"post","link":"https:\/\/www.nawy.com\/blog\/2749-will-aldar-properties-abu-dhabi-take-over-sodic","title":{"rendered":"Will Aldar Properties Abu Dhabi take over Sodic?"},"content":{"rendered":"\n<p>Aldar Properties &#8211; based in Abu Dhabi- is halfway through its  process on an offer to buy a majority stake in Egypt\u2019s Sixth of October for Development &amp; Investment (SODIC).  Earlier this year, Aldar submitted an introductory non-binding offer to buy a minimum of 51 percent stake in Sodic . The deal values the Egyptian company at about $420m. Aldar has been looking to expand abroad as it faces limited growth prospects in the United Arab Emirates.  It is also looking for additional opportunities in Egypt,  the Arab world\u2019s most populous country. <\/p>\n\n\n\n<p>The offer for the Egyptian developer, known as Sodic, is but one of several opportunities Aldar Properties is looking at in Egypt. The Non-Egyptian developer thinks it\u2019s one of the most lucrative and attractive real estate markets in the Middle East.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Learn More<\/h2>\n\n\n\n<p>For the latest updates on\u00a0<a href=\"https:\/\/www.nawy.com\/developer\/8-sodic\">Sodic<\/a>, reach out to us on #<a href=\"https:\/\/www.nawy.com\/contact\/Sodic\">AskNawy<\/a>\u00a0\u00a0or call us on +201022088888<\/p>\n\n\n\n<p>Moreover, if you wish to know more about what\u2019s available in the real estate market, you can visit our website&nbsp;<a href=\"https:\/\/www.nawy.com\/\">Nawy<\/a>. Take a look at our wide selection of exclusive homes!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aldar Properties &#8211; based in Abu Dhabi- is halfway through its process on an offer to buy a majority stake in Egypt\u2019s Sixth of October for Development &amp; Investment (SODIC). Earlier this year, Aldar submitted an introductory non-binding offer to buy a minimum of 51 percent stake in Sodic . The deal values the Egyptian [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":2753,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[335],"tags":[],"class_list":{"0":"post-2749","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate-projects"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Will Aldar Properties Abu Dhabi take over Sodic? - Nawy<\/title>\n<meta name=\"description\" content=\"Will Aldar Properties Abu Dhabi take over Sodic? - Real Estate Projects\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nawy.com\/blog\/2749-will-aldar-properties-abu-dhabi-take-over-sodic\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Aldar Properties Abu Dhabi take over Sodic? 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