View source for Directory:Imad Abulaban

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{{Infobox Person
| name        = Imad Abulaban
| birth_date  = {{birth date and age|mf=yes|1958|1|23}}
| birth_place = [[Beirut]], Lebanon
| education  =  Civil Engineering from [[University of California at Berkeley]]<br/>MSc in construction engineering and management from [[University of Michigan at Ann Arbor]] 
| occupation  = Founder president & CEO of CapitalStone Properties
}}

'''Imad Abulaban''' (born in 1958 in [[Beirut]], [[Lebanon]]) moved to Kuwait in 1981 after graduating with a BSc in civil engineering from [[University of California at Berkeley|University of California at Berkeley]] in 1979 and an MSc in construction engineering and management from [[University of Michigan at Ann Arbor|University of Michigan at Ann Arbor]] in 1980. Upon construction completion of [[Kuwait Stock Exchange|Kuwait Stock Exchange]] complex, he founded [http://www.projacs.com/Main/Default.aspx Projacs] [1984 -1997], a Kuwaiti-based construction management partnership. Following the sales of his stake after 13 years of business therein, he founded PolyStar<ref>{{cite web|url=http://archive.arabnews.com/?page=6&section=0&article=45366&d=21&m=5&y=2004 |title=PolyStar}}</ref>  [1998-2006], a Lebanese-based boutique development services company. Early projects were private houses, office building and other assignments. The break into the big league of large projects came when he structured and concluded a joint venture arrangement for his firm first in 1987 with [[Turner Construction|Turner]] and the second in 1990 with [[Bovis Lend Lease|Bovis]]. Both ventures thereafter were jointly awarded a major contract; whereby (i) on first instance, to build the seat of government of Kuwait, the Amiri Diwan complex <ref>{{cite web|url=http://www.turnerconstruction.com/international/content.asp?d=2422 | title=Amiri Diwan complex}}</ref>, and (ii) on second instance, the headquarters of Oil sector complex<ref>{{cite web|url=http://www.bovislendlease.com/llweb/bll/main.nsf/images/pdf_se_oil_kuwaitcomplex.pdf/$file/pdf_se_oil_kuwaitcomplex.pdf | title=oil sector complex}}</ref>. More than 38 other major buildings and project engagements followed thereafter in Kuwait, Saudi Arabia, Jordon, Lebanon, Syria, Egypt, Qatar and Bahrain - just to name a few - the headquarters of GIC<ref>{{cite web|url=http://www.gic.com.kw/default.jsp | title=GIC}}</ref>, [[National Bank of Kuwait|NBK]], [[SABIC|SABIC]] and [[National Council on Compensation Insurance |NCCI]], in addition to the [[Bayan Palace|Bayan Palace ]] ,Kuwait Sheraton <ref>{{cite web|url=http://www.sheratonkuwait.com/| title=Kuwait Sheraton}}</ref>, Jabal Al Kaba center, TAIBA,Grand Hyatt Amman <ref>{{cite web|url=http://www.amman.grand.hyatt.com/hyatt/hotels/index.jsp|title=Grand Hyatt Amman}}</ref>,Riyadh Marriott <ref>{{cite web|url=http://www.marriott.com/hotels/travel/ruhsa-riyadh-marriott-hotel/ |title=Riyadh Marriott}}</ref>, [[City Stars (Cairo)|CityStars]], Le Platio hotel and City Fanar<ref>{{cite web|url=http://www.highbeam.com/doc/1G1-118104450.html | title=City Fanar}}</ref>. As the managing partner, he was in-charge for the delivery of USD 5 Billion worth of cumulative projects work relative to the 2 business enterprises that extended over 20 million feet of building area within 15 Middle Eastern cities.

In 2007 and together with a major Saudi conglomerate, Imad Abulaban founded CapitalStone<ref>{{cite web|url=http://www.capitalstoneproperties.com/ |title=CapitalStone}}</ref>, a privately held real estate investment, development and management firm domiciled in Dubai International Financial Center [[DIFC|[DIFC]]] in United Arab Emirates. As the president and CEO, he is in-charge of directing the company policy and procedure along its operations which is presently geared on acquiring, developing and managing more than 12 properties in 8 cities, representing more than 3 Million square feet of space. While cultivating investor relations, he participates in setting up business ventures and opening new geographic markets within the entire Middle East and North African [[MENA|[MENA]]] region. He is in-charge of introducing new property sectors, initiating acquisitions and overseeing the enlargement of major sources of equity and debt financing to secure more than USD 1.1 Billion. He is leading the venture towards creation and expansion of its holdings, products and services including growing its capital base, while reinforcing its reputation for excellence. Presently, the firm is controlling a diversified real estate portfolio of existing and target assets valued at approximately USD 2 Billion allocated among several property sectors that are underway at various stages of development such as technology, Industrial / logistics and mixed-use plus those progressing during predevelopment such as energy, office park, healthcare, residential and master-planned communities.

Imad Abulaban attributes the culmination of his experience to working closely with worldly recognized investors and developers including prominent construction managers [[Turner Construction|Turner]], [[Bovis Lend Lease|Bovis]],CRSS<ref>{{cite web|url=http://www.allbusiness.com/company-activities-management/company-structures-ownership/7234511-1.html | title=CRSS International}}</ref>, [[Jacobs Engineering Group|Jacobs]] and [[Parsons|Parsons]]], major operators [[Marriott Corporation|Marriott]], [[Starwood|Starwood]], [[Radisson SAS|Radisson/SAS]] and [[Jumeirah (hotel chain)|Jumeirah]] and notable architects [[Cesar Pelli|Cesar Pelli]]<ref>{{cite web|url=http://www.pcparch.com/ |title= Cesar Pelli}}</ref>, [[Skidmore, Owings and Merrill|SOM]]<ref>{{cite web|url=http://www.som.com/content.cfm/www_home |title=SOM}}</ref>, [[Hellmuth, Obata and Kassabaum|HOK]]<ref>{{cite web|url=http://www.hok.com/ |title=HOK}}</ref>,[[Wimberly, Allison, Tong & Goo|WATG]]<ref>{{cite web|url=http://www.watg.com/ |title=WATG}}</ref>, [[Kohn Pedersen Fox|KPF]]<ref>{{cite web|url=http://www.kpf.com/main.asp | title=KPF}}</ref> and [[RTKL Associates|RTKL]]<ref>{{cite web|url=http://www.rtkl.com/ | title=RTKL Associates}}</ref> and many others. He received recognition for his adherence to the highest quality standards and was credited for introducing effective budget control initiatives virtually on all projects managed by his ventures, while serving as a board member and advisor for few real estate and construction-related firms within the Arab and Gulf region. He is a member of Urban Land Institute ([[Urban Land Institute|ULI]]), International Council of Shopping Centers ([[International Council of Shopping Centers|ICSC]]), International Hotel and Restaurant Association ([[International Hotel %26 Restaurant Association|IH&RA]]) and Project Management Institute ([[Project Management Institute|PMI]]).

== References ==
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