
SH Holding
An Armenian construction group based in Yerevan, with the local knowledge that only years on the ground provide.
Founding party to the Memorandum of Understanding, signed for SH Holding by its founder, Mr. Shahen Petrosyan.
Visualisation
Our Services
Creating meaningful places through an integrated approach to real estate development, planning and delivery.
Nork, Yerevan — visualisation
Real Estate Development
From residential communities and commercial developments to hospitality, entertainment and healthcare facilities, our approach brings together thoughtful planning, design coordination and long-term value.
Our Approach
Real estate development begins with understanding the potential of a place. Every project calls for a clear vision, the right balance of uses and an approach that considers the people who will live, work or spend time there.
Our development approach connects early-stage planning, architectural ambition, commercial considerations and coordinated project delivery.
Development Sectors
Homes, apartments and residential communities designed around everyday living.
Office, retail and business environments created for changing commercial needs.
Leisure, recreation and entertainment destinations that bring people together.
Hotels, resorts and hospitality environments centred on the guest experience.
Purpose-planned healthcare environments with attention to accessibility and operational needs.
Complex medical facilities requiring close coordination of planning, engineering and specialist functions.
Development Process
From market and site assessment to concept development, design coordination, delivery planning and market positioning, each stage contributes to a coherent development strategy.
Branding, Marketing & Sales
In the company’s organisation framework, marketing, branding, communications and sales sit together in the Marketing & Sales unit of the Strategic Business Department, so each development is presented and sold by the team that plans it.
Organisation framework
Commercial & Supply Solutions
The same department covers market research, strategy and opportunities, client development, partnerships and business proposals, with building materials and new business opportunities as business lines of their own.
Organisation framework
Integrated Development Solution
We organize every project as a clear process, from planning and calculations to construction, finishing, and final handover.
The brief, site constraints, programme and budget are defined and the main risks identified.
Architectural, structural and building-services design is coordinated into a buildable package.
Materials, subcontracts and long-lead items are secured in step with the programme.
Works are sequenced and executed on site under technical supervision.
Inspections and tests check the work against drawings, specifications and standards.
Final inspections, documentation and the transfer of the completed works to the client.
A general project-delivery model, shown to explain how stages connect. Each project’s actual sequence and responsibilities are agreed with the client.
Partners

An Armenian construction group based in Yerevan, with the local knowledge that only years on the ground provide.
Founding party to the Memorandum of Understanding, signed for SH Holding by its founder, Mr. Shahen Petrosyan.
A developer with more than thirty years of experience, with projects delivered across the UAE, Tajikistan, Austria and Armenia.
Founding party to the Memorandum of Understanding, signed for BAMX Developments by its Founder and Chairman, Dr. Mehdi Kavoosi.