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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.