Sazan Real Estate Development LLC (SRED)
Ownership as documented
Exit.al: majority controlled by Moutaz and Ramez Al-Khayyat through a chain of companies; co-owners named as Global Travel Retails SA and Jamco Global LLC; not all partners identified. Qatari registry extract not retrieved.
SRED reportedly acquired UPP BV (6 May)
Evidence: Exit.al reports SRED acquired the Dutch shell UPP BV, parent of ZSAD, on 6 May. Citizens.al names Sazan Development Holding as the buyer of UPP shares (306k euro). Conflicting buyer; not reconciled.
Co-owner of SRED (as reported by Exit.al)
Evidence: Exit.al lists Global Travel Retails SA (Luxembourg, B287433) and Jamco Global LLC (Delaware, us_de/2778868) as co-owners of SRED; beneficial owners not identified in registries per Exit.al.
Description
Named by Exit.al as the entity leading the Zvernec development. Exit.al reports it was registered in October 2025 in Qatar and that it acquired Universal Properties Project B.V. on 6 May (year not stated in the snippet read; context places it in 2026). Exit.al names Asher Abehsera as CEO. Citizens.al (2026-06-08) instead names Sazan Development Holding (Doha) as the holder of the UPP shares. The two sources do not link SRED to Sazan Development Holding. The Qatari registration was not confirmed against a Qatari registry.
Contracts and money
Contracts and money: not found in the research. See the gaps list.
Officials and people linked
No person is linked to this organisation in the research.
Investigations and cases
No investigation or case is linked to this organisation in the research.
Sources for this record
Every source the research cites for this record, grouped by its source label. 2 sources.
Source label: Under investigationUnder investigation · 1 source
- Publisher
- Exit.al
- Date
- 10 Jun 2026
Source label: UnverifiedUnverified · 1 source
- Publisher
- Citizens.al
- Date
- 8 Jun 2026
Other connections
HYPOTHESIS: Strik-linked advisers structured the Sazan/Zvernec ownership chain
Evidence: SUPPORTS: Strik-associated managing partners run Dutch Trust Management, which BIRN and FTM say manages the offshore chain of ZSAD (Reporter.al 2026-05-29; Citizens FTM 2026-06-21); Strik representatives appear in at least 13 other Albanian companies (Citizens.al 2026-06-08). WOULD DISPROVE: Citizens.al (2026-06-08) reports no evidence linking the Strik-associated companies to Sazan or Zvernec; a Strik or DTM denial with a documented client list excluding the project; registry evidence that the chain was set up by other advisers. Confidence UNVERIFIED.