PPDC holds a 20% stake
Marasi Development Co. (شركة مراسي للتطوير) is a real estate investment and development company operating inside and outside Oman, with PPDC as a founding 20% shareholder and board member.
Marasi Development Co. LLC (CR 1427057) is held by three partners. Each real estate project is delivered through its own project-specific vehicle, wholly owned by Marasi unless the partners agree otherwise.
Real estate investment and development inside and outside Oman. Each project is ring-fenced in its own special-purpose vehicle for risk isolation and financial management, with Marasi providing planning, budgeting, and project management to every vehicle it establishes.
Residential and mixed-use development, structured project by project.
A dedicated company per project, held by Marasi, for financial and risk isolation.
Capital contributed pro-rata by shareholders per project, per the partners' agreement.
Visit Marasi's own site for current projects, news, and company details.