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About Us

Who we are

SFO is a multi-family office and an active global real estate investor committed to achieving superior risk-adjusted returns.

Heritage

SFO is part of Saradar Capital Holding, which started its journey in 1948 with a local bank and grew into a diversified family conglomerate with a tradition of building excellence, across different sectors and geographies.

SFO is part of Saradar Capital Holding, which started its journey in 1948 with a local bank and grew into a diversified family conglomerate with a tradition of building excellence, across different sectors and geographies.

1948

Establishment of Banque Marius Saradar, a family-owned business

1956

Incorporation of Banque Saradar SAL; Banque Saradar earns a seat on the New York Stock Exchange

1962

The management of the Saradar family ("Saradar Group") is passed on to Joe Saradar

1987

"Banque Saradar France" is founded in Paris in association with Le Crédit Chimique

1992

Mario Saradar takes on the management of Saradar Group

1998/2000

International Financial Corporation ("IFC"), a subsidiary of the World Bank, and Banque Nationale du Canada acquire minority stakes in Banque Saradar

2004

Bank Audi and Banque Saradar merge into the largest banking group in Lebanon

2010

After six years at the helm of the Audi Saradar Group Private Banking, Mario Saradar decides to follow his long term vision of diversification and expand the investments of the group beyond the banking business, while remaining a major shareholder of Bank Audi

2011

Acquisition of a majority stake in LibanPost, the national postal operator of Lebanon

2012

Acquisition of a majority stake in Conseil et Gestion Immobilière ("CGI"), a Lebanon-based real estate developer

2013

1. Acquisition of a controlling stake in the share capital of Near East Commercial Bank SAL ("NECB")

2. Acquisition of a majority stake in CashUnited, a money transfer operator representing MoneyGram

2014

Reverse merger between Banque de l’Industrie et du Travail SAL ("BIT") and NECB

2015

1. Saradar Group finalizes its exit from Bank Audi

2. Set up of the real estate investment platform at SFO

3. Development of a luxury residential project in Prime Central London

2016

1. The merger between BIT and NECB receives the approval of the Central Bank of Lebanon. The newly formed entity is named Saradar Bank

2. Development of the first Grade A shopping centre in Ivory Coast

3. Acquisition of a multi-tenanted office building in Seattle, Washington

2017

1. Acquisition of a significant minority stake in Vitas, a microfinance company, by Saradar Bank

2. Acquisition of 3 multifamily assets in Houston and Dallas, Texas and Atlanta, Georgia, and a student housing asset in Lexington, Kentucky

2018

1. SFO is recognized as Best Real Estate Investment Company by World Finance and Levant Real Estate Firm of the Year by Global Investor

           2. Acquisition of an office portfolio comprising of 11 assets located in 9 cities in Germany

           3. Acquisition of 3 student housing assets located in Gainesville, Florida and Denton and Houston, Texas

           4. Acquisition of SFO’s largest multifamily asset in Dallas, Texas

2019

1. Acquisition of a majority stake in Assurex, an insurance company, by Saradar Finance House

2. SFO is recognized as Best Real Estate Investment Company by World Finance and Levant Real Estate Firm of the Year by Global Investor for the second consecutive year; SFO is also named Best International Real Estate Investments Company – Lebanon by International Finance

3. Acquisition of a prime office building in Paris

4. Acquisition of a multifamily asset in Columbus, Ohio

1948

Establishment of Marius Saradar.

1953

Incorporation of Banque Marius Saradar,
a family owned business

1956

Incorporation of Banque Saradar SAL;
Banque Saradar earns a seat on the New York Stock Exchange.

1962

The management of the Saradar family
("Saradar Group") is passed on to Joe Saradar.

1987

Banque Saradar France is founded in Paris
in association with Le Crédit Chimique.

1992

Mario Saradar takes on the
managament of Saradar Group.

1998/2000

International Financial Corporation (”IFC”), a subsidiary
of the World Bank and Banque Nationale du Canada,
acquire minority stakes in Banque Saradar.

2004

Banque Audi and Banque Saradar merge
into the largest banking group in Lebanon.

2010

The Saradar family decides to focus on developing the family business, but remains one of the major shareholders of Banque Audi.

2011

Acquisition of a majority stake in Liban Post, the national postal operator in Lebanon.

2012

Acquisition of majority stake in Conseil et Gestion Immobilière ("CGI"), a lebanese-based real estate developer.

2013

I Acquisition of a controlling stake in the share capital of Near East Commercial Bank SAL (“NECB”).

II Acquisition of majority stake in CashUnited, a money transfer operator representing MoneyGram.

2014

Reverse merger between
Banque de l’Industrie et du Travail SAL ("BIT") and NECB.

2015

I Saradar Group finalizes and exits its remaining stake in Banque Audi.

II Saradar Group diversifies its investments and taps into
Europe through SFO’s first international real estate development investment in the UK (VI Castle Lane, London).

2016

I The merger between BIT and NECB
receives the approval of the Central Bank of Lebanon.
The new entity is named Saradar Bank.

II Saradar Group continues to diversify its real estate
investments and expands into Africa
(Cosmos, Côte d'Ivoire) and USA (Bay Vista, Seattle).

2017

Acquisition of a significant minority stake
in Vitas, a microfinance company,
by Saradar Bank.

2017

SFO launches the “USA Housing Program” with the acquisition of multi-family and student housing assets in Dallas, Kentucky, Houston and Atlanta.

2018

Acquisition of a Student-Housing portfolio comprising of more than 1,000 beds located in Florida and Texas