Visualisation of a multi-storey residential building with a white facade and dark brown volumes on a sloping site Visualisation

Our Services

Development

Creating meaningful places through an integrated approach to real estate development, planning and delivery.

Nork, Yerevan — visualisation

Real Estate Development

Developing Spaces for Life, Business and Beyond

From residential communities and commercial developments to hospitality, entertainment and healthcare facilities, our approach brings together thoughtful planning, design coordination and long-term value.

Shahen Petrosyan and Dr. Mehdi Kavoosi at a meeting table

Our Approach

From Opportunity to Lasting Value

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

Spaces for Different Purposes

  1. Residential

    Homes, apartments and residential communities designed around everyday living.

  2. Commercial

    Office, retail and business environments created for changing commercial needs.

  3. Entertainment Complexes

    Leisure, recreation and entertainment destinations that bring people together.

  4. Hospitality

    Hotels, resorts and hospitality environments centred on the guest experience.

  5. Healthcare

    Purpose-planned healthcare environments with attention to accessibility and operational needs.

  6. Hospitals

    Complex medical facilities requiring close coordination of planning, engineering and specialist functions.

Development Process

One Vision. Every Stage Considered.

From market and site assessment to concept development, design coordination, delivery planning and market positioning, each stage contributes to a coherent development strategy.

  1. Opportunity & Site Assessment

  2. Concept & Development Planning

  3. Design & Technical Coordination

  4. Delivery Strategy

  5. Market Positioning

Branding, Marketing & Sales

From brand to sales office

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

  • Marketing
  • Branding
  • Communications
  • Sales
  • Sales offices & showrooms
Guests study the architectural model of Nork at the launch
The Nork model at the launch, September 2026

Commercial & Supply Solutions

Markets, partners and supply

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

  • Market research
  • Strategy & opportunities
  • Client development
  • Business proposals
  • Building materials
Reinforcement steel and timber stored on the Nork site
Materials on the Nork site, Yerevan

Integrated Development Solution

One coordinated team

We organize every project as a clear process, from planning and calculations to construction, finishing, and final handover.

  1. Planning

    The brief, site constraints, programme and budget are defined and the main risks identified.

  2. Engineering

    Architectural, structural and building-services design is coordinated into a buildable package.

  3. Procurement

    Materials, subcontracts and long-lead items are secured in step with the programme.

  4. Construction

    Works are sequenced and executed on site under technical supervision.

  5. Quality Control

    Inspections and tests check the work against drawings, specifications and standards.

  6. Handover

    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

Relevant partnerships

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.

BAMX Developments

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.

Have a Development Opportunity in Mind?

Explore opportunities to collaborate with BAMX.

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