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Amaar Real Estate Group was established in 2009 by the Palestine Investment Fund (PIF) to manage PIF's current real estate and hospitality portfolio, as well as its future development projects. PIF is an independent investment company which aims to strengthen the local Palestinian economy through key strategic investments while maximizing long-term returns for its shareholders, the Palestinian people.
With a total capital of USD140 million, Amaar’s strategy for empowering the Palestinian economy focuses on investing in various real estate sub-sectors in partnership with strategic partners, both locally and internationally.
Amaar aspires to lead the real estate development in Palestine, particularly within the tourism, industrial, commercial and residential sectors, and to help expand economic horizons through premier real estate solutions. |
