Key Property Investments Ltd (KPI)

is a joint venture established in the UK in 1998 between Salhia Real Estate Co KSCP and St Modwen Properties Plc, a major UK development and investment company. The JV was to acquire investment properties with refurbishment and development opportunities and to capitalise on growth through sales.

At its peak, the JV owned assets worth in excess of £500m (200m KD). The JV has gradually been selling its remaining assets, with the final three major properties being sold during 2024 for a total of £46m (18m KD). As the company no longer owns any properties, KPI will be dissolved during 2025.

BEORMA QUARTER, BIRMINGHAM 2024

Birmingham is recognised worldwide as a city of innovation and sustainable commitment to growth. The city continues to attract more inward investment than any other city in the UK. The city centre is a major economic hub for the West Midlands region and the wider UK, attracting more than £2 billion (800m KD) in shopping expenditure each year. It is also one of the fastest growing tech hubs outside of London.

Construction of the Beorma Quarter 30 storey tower, providing 14,000 sq m (152,000 sq ft) of commercial offices and 124 high quality residential apartments, commenced in August 2023. Construction will complete in August 2026. The Beorma Tower is the only major office development reaching completion in 2026, at a time when there will be a shortage of Grade A offices and prime residential schemes.

Construction of the Beorma Quarter 30 storey tower, providing 14,000 sq m (152,000 sq ft) of commercial offices and 124 high quality residential apartments, commenced in August 2023. Construction will complete in August 2026. The Beorma Tower is the only major office development reaching completion in 2026, at a time when there will be a shortage of Grade A offices and prime residential schemes.

Beorma Quarter’s central location adjacent to the Bullring Shopping Centre and close proximity to Birmingham New Street station, Moor Street station and HS2’s Curzon Street Station makes it a most desirable location, with direct access to the city, London, Manchester and Birmingham International airport.

 Lolworth Developments Ltd (LDL)

A wholly owned UK subsidiary of Salhia Real Estate Company, Lolworth Developments Ltd is promoting a visionary, landscape-led employment park on a 247-acre strategic site just northwest of Cambridge. Located near the A14 and well-connected to existing and emerging communities, the site is ideally positioned to meet the growing demand for employment land in Greater Cambridge — particularly in the industrial, logistics, office, and mid-tech sectors.

The proposed masterplan is designed to be both environmentally and socially responsible, offering more than 20% Biodiversity Net Gain and a new public park, while preserving and enhancing natural landscape features. LDL’s initiative directly supports the UK Government’s ambition to expand Cambridge’s global position in life sciences and innovation, aligning with local policy goals for sustainable, community-integrated development.

LDL continues to engage with the Greater Cambridge Council to ensure the scheme meets local needs for employment opportunities near housing, supporting economic growth and long-term resilience in one of the UK’s most dynamic regions.