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MASSAR SUBSIDIARIES
 
  REAL ESTATE FINANCIAL SERVICES SERVICES & DEVELOPMENT  
Real Estate Development
 

The Massar International Real Estate Group develops residential housing projects, commercial properties, combined residential and recreational communities and other land use infrastructure projects for buyers from a variety of socio-economic strata.  Projects are currently under construction in Morocco, Egypt and Jordan.  The company's initial real estate development projects are extremely successful and have positioned Massar International to expand into neighboring countries in the region.

 

To date, the Massar International Real Estate Group has successfully developed, marketed and managed more than 7000 new housing units, 13,000 square meters of new commercial space, 1.24 million square meters of recreational use land projects, and more than 3.4 million square meters of infrastructural land development in 4 countries throughout the region, with total property values in excess of $200 million.

 
Bayti Real Estate Investment Company - Palestine
Bayti Real Estate Investment Company was established to jumpstart development of the Palestinian real estate sector.  Its mission is to create affordable, accessible, family- friendly communities for Palestinians.
Bayti recently announced its plans to build Palestine’s first planned community, Rawabi.   The new town will feature 5,000 affordable income housing units constructed around central pedestrian and vehicle commercial zones.  Citizens of Rawabi will enjoy access to schools, health care, financial and professional services, as well as conveniently situated entertainment, shopping and outdoor recreation areas.  Construction costs for Rawabi are estimated at $300 million.
Bayti also builds communities in Morocco and Jordan, where it has already constructed and sold thousands of high-quality affordable apartment homes.  Every Bayti project creates several thousand direct and indirect employment opportunities, providing multi-level stimulus to local and national economies.
Bayti - Morocco
Bayti is a company established to create value in the medium-term through strategic investment in the Moroccan real estate sector. Bayti focuses on areas poised to benefit substantially from the liberalization of the Moroccan economy; such as low-income housing.
In the last few years, Bayti’s high standards in quality, timely delivery of housing units and reasonable cost structure earned it a reputation as one of Morocco's top real-estate development companies.  Moroccans ask for Bayti homes by name
The management and financial operations of Bayti are backed by seasoned industry experts employed by its principal shareholder, Massar International.
Taleed - Egypt

Taleed is an Egyptian real estate development company engaged in the creation of profitable and innovative recreational facilities in Egypt. Taleed is the developer of the Santorini Country Club, a leisure resort in Northern Egypt providing state-of-the-art recreational activities for Egyptian families.

Santorini is one of the few comprehensive country clubs in Egypt with a land area of more than 1,400,000 square meters.  The complex provides almost every imaginable facet of entertainment and leisure activity in Cairo. The complex includes an equestrian center, a tennis facility, a shooting range and hunting grounds, a golf course and a first-class luxury fitness center. The recreational complex is coupled with residential chalets, rentable condos, and luxury villas with swimming pools and deluxe outdoor entertainment facilities.

Tamleek - Jordan

Tamleek was created to invest in Jordanian real estate opportunities targeted to generate above average returns for shareholders, based on added value inherent in the vision, quality and strategic perspective of the operation, supported by a strong and professional management team.

Tamleek's properties include commercial, residential, recreational and land infrastructure development sites.  The company also provides property management and real estate services.

Palestine Investment and Development Company - Palestine

Established in 1993 as an investment company with special focus on real-estate, the Palestinian Investment and Development Company is a public shareholding company listed on the Palestinian Securities Exchange as PID.

PID owns a number of strategic plots of land mainly in the Ramallah area, earmarked for real-estate development projects.  In addition, PID is a major shareholder in a number of Palestinian companies including Everest Real-Estate Company and Mustaqbal Educational Development Company (Al-Mustaqbal Schools).

 
 
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