We advised Rula for Land Reclamation on a landmark revenue share agreement with SODIC to develop one of the largest fully integrated urban real estate projects in New Sphinx City, spanning 1,000 feddans.
This transaction marks a milestone in Egypt’s real estate sector, reinforcing confidence in the country’s new urban centres and supporting the national development agenda through strategic partnerships.
Our team was led by Mohamed Abdelgawad, Co-Founder and Head of General Corporate, Commercial, and Regulatory, and Mohamed Fathy, Partner and Head of Real Estate, Tourism & Hospitality, supported by Shaimaa Adel Abdelhakim, Senior Associate, and Junior Associates Hannah Mahran and Ahmed Yasser.
Congratulations to Rula for Land Reclamation on this achievement.
We were pleased to collaborate with our colleagues at Zilla Capital: Moustafa El-Shenety and Khaled Gamal, Managing Partners & Co-Heads of Investment Banking, along with Omar Zakaria Gad, Director, Abdelfatah Abomousa, Vice President, and Aly Morsy, Associate, who acted as exclusive financial advisor to Rula, as well as Al Sheikh and Aspiral, who jointly acted as commercial advisors to Rula.
We also extend our appreciation to Mahmoud Shaltout, Founding Partner, and Mostafa Abu-Hagras, Counsel—legal advisors to SODIC from Zulficar & Partners Law Firm—as well as Marwa El Khodary, former General Counsel, and Sherif Momen, Legal Counsel of SODIC.
For more information, check out Zilla Capital’s coverage here.