Amaar Real Estate Group … National Projects to Revive Vital Economic Sectors
Amaar manages a number of real estate and hospitaltiy projects across Palestine. Amaar residential real estate projects include Al-Reehan neighborhood in Ramallah and Al-Bireh governorate, and Al-Jinan neighborhood is located in Jenin. Planning for a third residential neighborhood is currently underway.
In addition to the residential neighborhoods, Amaar is developing the Ersal Center. Located in the Ramallah and Al-Bireh governorate, Ersal Center is a multi-use commercial project and represents a significant rise in the standards of Palestinian commercial real estate in Palestine. It consists of a number of commercial, financial, and services facilities, in addition to a number of recreation facilities. A number of leading Palestinian institutions are choosing Ersal Center as their future headquarters.
In the hospitality sector, Amaar owns the Grand Park Hotel, as well as being a major shareholder in a number of hotels in Palestine, including the Intercontinental Hotel in Jericho and Jacir Palace in Bethlehem.
Amaar Real Estate Group also oversees PIF’s real estate development project in the Jordan Valley and Dead Sea region, which includes the Jericho Agro-Industrial Park (JAIP), and “Madinat Al Qamar” project.