Page 293 - SOBHA REALTY PR REPORT - MARCH 2024 (ENGLISH)
P. 293
Most Impactful
Real Estate Leaders 2024
10. P. N. C. Menon
Designation: Founder and Chairman
Company: Sobha Realty
Country: U.A.E.
Establishment Date: 1976
P. N. C. Menon founded Sobha Realty in 1976 as an interior decoration company. Today, Sobha
Realty has a presence in the U.A.E., Oman, Bahrain, Qatar, Brunei, and India, with over 600 projects
across more than 13 million square meters. In H1 2023, the developer recorded sales of $2 billion
and launched four projects: Sobha Reserve, 330 River Side Crescent, Verde, and Hartland II Villas I.
In July 2023, the company completed a debut 5NC3 Sukuk issuance of $300 million. Menon’s net
worth was $2.1 billion as of March 2024, according to Forbes.
https://www.forbesmiddleeast.com/lists/most-impactful-real-estate-leaders-2024/p-n-c-menon/
