SODIC is reportedly eyeing a 410 feddan plot (c1.7mn sqm) in West Cairo, on a revenue-sharing basis with NUCA. SODIC had bid for the same plot on a previous date, along with a number of other developers, reportedly including Emaar Misr, Badr Eldeen for Real Estate projects and a Saudi investor. Management had announced that it had earmarked cEGP600mn for land acquisitions, out of a total of EGP1.0bn in net cash position in September 2016. NUCA has announced plans to offer a number of land plots with a total area of 2,000 feddan (8.4mn sqm), in Sixth of October, Sheikh Zayed, New Aswan and New Demietta, to be developed into residential and non-residential projects. (Al Borsa)   SODIC: EGP15.86 as of 30 November 2016, Rating: Buy, FV: EGP18.90 per share, MCap: USD306mn, OCDI EY / OCDI.CA