Corporate Profile

 

PolyStar Incorporated is a privately held joint stock Lebanese company, representing a merger of complementary partnership experiences of more than 25 years. As a Property Developer & Manager, PolyStar brings in to the Lebanese market its longstanding expertise and talent of its team in managing over US$ 3 billion worth of construction in Kuwait, Saudi Arabia and currently in Lebanon; as well the acquisition, ownership and development of around 1.5 million square meter of real estate portfolio in Lebanon

In response to the rapidly growing touristic industry in Lebanon, PolyStar began its business activity by playing an active role in developing the hospitality, leisure and entertainment market segments in Lebanon including resorts, hotels, shopping malls and parks. Currently, the firm has secured and is working on several jobs totaling 250,000 square meter of space in various stages of planning and development. This includes the prestigious Atrium Plaza, a mixed-use development consisting of a 232-room suite hotel, retail and entertainment center covering 40,000 square meter of gross building area; in addition to the major Adloun beach resort in the southern part of the country encompassing 55 acres of land along a 500 meter water frontage and featuring vacation usership lodging, recreational amenities and cultural entertainment facilities. In addition and as a natural extension to the type of work its team is experienced in, PolyStar will continue to pursue and expand other development products such as corporate and highrise office buildings, residential condominiums, health care and educational facilities.

PolyStar remains committed to developing the strategies in managing risks and selecting the appropriate method of financing as they play an integral role in maximizing the returns on investments of jobs it builds. In future years, PolyStar's performance will be measured by its reputation, overall level of effort, the ability to obtain the right property at the right place at the right time, including quality of tenants attracted to their projects and the ability to finish projects on time and within budget. In short, PolyStar strives to become a distinct leader in the development industry, one who is characterized by its drive, creativity, clarity of vision and flexibility. This goal is achieved through careful selection of qualified personnel with experience, insights and skills that are second to none in the industry.

Shareholders
  • Imad Abulaban 
  • Abdul Rahman Al Awadi
  • Mahmoud Mattar
  • Abbas Ali Redha 
  • Salah Al Awadi
  • Alphonse Dell'Isola
  • Abdul Hameed Al Awadi 

Board of Directors

  • Imad Abulaban
  • Mahmoud Mattar
  • Salah Al Awadi
  • Alphonse Dell'Isola