The Amaar Group is a real estate and hospitality holding arm of the Palestine Investment Fund (PIF), managing around USD 150 million in assets. Over the next five years, the group plans to lead a real estate program valued at over USD 2 billion, including the PIF's National Affordable Housing Program, aiming to develop 30,000 new housing units across Palestine. Notable projects include the Ersal Center in Ramallah (USD 400 million investment outlay), the new Nablus Handicraft District (USD 25 million investment outlay), as well as future initiatives in Jerusalem and other Palestinian Governorates. The group also holds portfolios in residential and tourism, including Al Reehan Real Estate Investment Company (USD 200 million investment outlay), the Grand Park Hotel in Ramallah, Jacir Palace–Intercontinental Hotel in Bethlehem, Hanadi Tower in Gaza, Al Mashtal for Tourism Investments Company in Gaza, Convention Center Palace in Bethlehem, and SAMA for Property Management.
Founded in 2009, Amaar Group operates within the Prop Tech and Real Estate industries, with a focus on impactful developments in the Palestinian territories.
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