Maskan Investment Group
Maskan Investment Group is a Tehran-based, TSE-listed real estate holding company and subsidiary of Bank Maskan. Established in 1991, it develops and invests in residential, commercial and urban projects, manages land-bank activities, and oversees a construction-focused subsidiary network. The group is relevant to participants in Iran’s institutional housing, development and real-asset markets.
Operations & footprint
Products and services
Maskan Investment Group is a listed real estate and construction holding active in residential, commercial, urban development, project investment, subsidiary management, and construction-related capital allocation. Its activities connect housing supply, real estate assets, development projects, land-bank management, construction execution, and the wider Bank Maskan-linked housing finance ecosystem.
Operations and assets
The group manages real estate development projects, project investments and land-bank activities through subsidiaries involved in construction, development, engineering, consulting and contracting.
Geographic footprint
Headquartered in Tehran, Iran.
Ownership & group structure
Ownership
Subsidiary of Bank Maskan.
Parent company
Bank Maskan.
Subsidiaries and group companies
Approximately 28 subsidiaries, primarily active in construction, real estate development, engineering, consulting and contracting.
Commercial and investment relevance
In the Hormuz investment graph, Maskan Investment Group connects housing development, listed real estate assets, construction subsidiaries, land-bank strategy, residential demand, and capital-market exposure to Iran’s property cycle. It is useful for screening real-asset investment behavior, construction-sector demand, project-development capacity, and the role of institutional groups in housing supply. Foreign-facing analysis should verify current project portfolio, subsidiary structure, land holdings, debt exposure, regulatory approvals, disclosure quality, and counterparty reliability before commercial reliance. Maskan Investment Group is a potential counterparty and market signal for developers, contractors, engineering firms and property-sector suppliers seeking access to institutional residential, commercial and urban development activity in Iran.
Constraints, risk & compliance
Key risks and constraints
Project execution depends on land-bank deployment, development schedules and the performance of a broad construction and property subsidiary network. Exposure to Iran’s housing cycle is central to its operating profile.
Sanctions and compliance considerations
Maskan Investment Group was not listed on the OFAC, EU or UN sanctions lists reviewed as of 27 October 2023. Its parent, Bank Maskan, is subject to U.S. secondary sanctions, making ownership-chain and transaction-specific compliance screening material.
Need more than a public profile?
Ask Hormuz to investigate, verify or act locally around Maskan Investment Group. Tell us exactly what you need.
Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Maskan Investment Group do?
Maskan Investment Group develops and invests in residential, commercial and urban real estate projects, manages land-bank activities, and oversees construction and property-development subsidiaries.
Who owns Maskan Investment Group?
Maskan Investment Group is a subsidiary of Bank Maskan.
Is Maskan Investment Group publicly listed?
Yes. The company is listed on the Tehran Stock Exchange under the ticker ثمسکن (THMASKAN).
What is Maskan Investment Group’s sanctions exposure?
The group was not listed on the OFAC, EU or UN sanctions lists reviewed as of 27 October 2023. Its parent, Bank Maskan, is subject to U.S. secondary sanctions.