Estral Office Building, Beirut, Lebanon
SEDCO acquired a strategic stake in the nine-story mixed-use building in 1996. Revaluation of the property is expected to result in increased market value and SEDCO plans to exit the investment, having achieved very satisfactory returns over.
Broadway Office Building, Beirut, Lebanon
SEDCO has held a strategic stake in this mixed-use and multi-tenanted property since 1996. The 10-story building in the Al Hamra district of the Lebanese capital has ground floor shopping with the balance residential apartments.
Limetree Beachfront Land Fund: Thailand, Cambodia, Vietnam, Australia
SEDCO holds limited partnership rights in this fund that is acquiring beachfront sites in the Asia-Pacific region with potential for hotel, resort, and villa development. Value is added by improving access, zoning, and master planning. The fund manager is currently assessing further sites in Indonesia and Sri Lanka.
Beit Mery Villas, Beirut, Lebanon
The four villas in the Beit Mery mountain resort overlooking Beirut are built on a site of 3,710 m², each with a floor area of about 800 m². SEDCO acquired the property in 1999. The villas was successfully sold in Q1,2012 with satisfactory return on the investment.
Land bank, Lebanon
SEDCO owns a land bank in the Aramon and Bhamdoun districts with total area of 307,595 m². The land is close to Beirut International Airport overlooking the sea. A sales program started in 2011, which will continue until full exit is completed.
Ras Beirut land, Lebanon
In 1999 SEDCO invested in prime land in the central Al Rawsha district of Beirut. This land, co-owned with partners with a total area of 3,497 m², has appreciated significantly in value since its acquisition.
Land bank, United Arab Emirates
Three plots in Sharjah located in Al Nahda district with total area of 2,993 m². SEDCO also has owned the 33,679 m² site on the Ras Al Khaimah corniche since 2006. The land forms part of a major government development plan that involves resorts, hotels, and residential units.
Bahrain Bay, Bahrain
SEDCO acquired the infrastructure and land reclamation project in 2005. Land sales have already yielded distributions.
MENA Serviced Apartments, Bahrain
SEDCO acquired a strategic stake in the development with a view to raise the standard of serviced apartments in the MENA region.