SEDCO Real Estate and SEDCO South Sudan
SEDCO South Sudan
SEDCO real estate is one of the leading Saudi asset managers and has recently acquired seven high-quality properties. The Real Estate Income Fund II, launched in November 2014, acquired the Hyper Panda retail property in Dammam and an adjacent parking lot. In Riyadh, the company purchased the Olya School and two retail strip outlets in Alhamra Plaza and Irgah Plaza. SEDCO has also made investments in Saudi Arabia’s oil-rich coastal cities.
SEDCO has diversified its holdings. The company has a stake in a warehouse complex in the King Abdullah Road business district, as well as a strip-retail development in the same area. It has also made strategic investments in the development of land subdivisions and independent housing plots. While these acquisitions are still under construction, they represent an improvement in the company’s portfolio. It is clear that the company is positioned to continue attracting tenants and increasing its value.
The company’s investments in infrastructure are an important part of SEDCO’s overall strategy. Its Goal F investment focus invests in public infrastructure that enhances Sherman’s quality of life. The firm’s relationship with City staff has helped it to work on a variety of infrastructure projects, including U.S. Highway 75 and Hwy 289, two major highways in the region. In addition to these initiatives, SEDCO has worked with the City of Sherman on several infrastructure projects.
SEDCO Real Estate and SEDCO South Sudan
In 2015, SEDCO REIT listed multiple acquisitions and grew its assets to 1 billion AUMs. The company continues to diversify its portfolio through multiple acquisitions and the SEDCO Built to Suit Fund II launched with 1.2B. SEDCO’s investment strategy has helped SEDCO reach these milestones. Further, SEDCO REIT has made significant investments in Saudi Arabia’s real estate industry.
The company has also provided training to staff and board members. Additionally, the company is now offering computer training to city council members and other stakeholders. However, the equipment is starting to fail. The SEDCO team is trying to stay ahead of changes in technology. SEDCO also has a new part-time employee named Dondra Kendall. The company also continues to work on the implementation of the 2018-2019 Work Program and the sewer project.
As part of the first phase of a two-phase construction project, SEDCO has broken ground for the second phase of construction. The company’s staff members have also participated in an annual journey of giving to give back to their community. Volunteers volunteered 970 hours, resulting in the distribution of 116 food baskets to needy families. In addition to the tangible benefits of the project, the journey of giving has also helped build stronger bonds among SEDCO team members.
The company began as Southeastern Drilling Company in 1930 with a land operation in northern Mississippi. Today, Sedco is one of the world’s largest drilling contractors. It operates 30 onshore and offshore rigs. The company also owns subsidiaries, including Sedco International, S.A., which conducts drilling operations in the Middle East. The company’s mission is to create an environment where it is a valuable part of the global economy.
