ANAX Developments Appoints Raja Alameddine as CEO

Real estate veteran with over three decades of experience to lead growth and expansion strategy.

ANAX Developments has appointed Raja Alameddine as Chief Executive Officer of the real estate arm of ANAX Holding.

Alameddine brings more than 30 years of experience in real estate development across regional and international markets. Over the course of his career, he has held senior leadership roles at organizations including Colliers International, Gulf Related, Jeddah Economic Company, Solidere International, and Lootah Real Estate Development. His portfolio includes large-scale master-planned cities and complex mixed-use developments.

He holds a Master of Business Administration and a Bachelor’s degree in Engineering from American University of Beirut.

In his new role, Alameddine will oversee the strategic direction of ANAX Developments, with a focus on driving sustainable growth and supporting international expansion. He will also contribute to shaping the company’s positioning in the luxury real estate segment, including the development of high-end and large-scale projects.

Satish Sanpal, Founder and Chairperson of ANAX Holding, said, “We see the current period of market recalibration as a moment to prepare for the surge that will follow. We are strengthening our operations while ensuring that our launches, construction and deliveries remain on track and executed with precision.”

He added, “Raja has a deep understanding of the real estate landscape and proven management expertise across global enterprises. We are confident in his ability to lead ANAX Developments into its next phase of growth and take the business to new heights.”

Commenting on his appointment, Raja Alameddine said, “I am proud to join ANAX Developments at such an exciting phase of its growth. With a strong and expanding portfolio, I look forward to working with the team to deliver exceptional projects and introduce new developments that reflect ANAX’s commitment to luxury and innovation. Our strategy will focus on delivering projects that meet international standards of quality, execution and long-term value.”

Alameddine’s mandate includes charting a long-term strategic course for ANAX Developments’ future growth and expansion.