Arcapita Qatar Real Estate Investment I

In November 2008, Arcapita acquired 50% stake in Lusail Golf Development. The Al-Sidra development is a golf residential community within Lusail City, located in Doha, Qatar. Al-Sidra was developed over a 3.6 million square meter plot and includes up to 3,200 residential units around a Greg Norman-designed 18-hole championship golf course, 9-hole academy course, golf academy and club house. Additionally, the development includes a country club and Chris Evert Sports & Tennis Center; a commercial village that comprises retail, residential sports clubs and other supporting lifestyle amenities; civic facilities, such as a mosque, international school, nursery, library and small healthcare facility. Arcapita sold their 50% stake in Lusail Golf Development to Barwa Real Estate Company.

Investment Type

Real Estate

Region

Middle East

Exit Date

2015