About Us

The SITAC Group is a family office founded and presently led by Malvinder Singh, with a rich history dating back to its establishment in 1978. Over the years, it has evolved into a prominent real estate company with a global presence, expanding its influence into the renewable energy sector.
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Initially carving a niche with turnkey construction projects across the Middle East, SITAC's portfolio featured landmark achievements, including the construction of Iraq's tallest edifice at the time, a telecommunications building in Baghdad, alongside critical infrastructure projects such as water treatment facilities and flyovers. Expanding its footprint, the company embarked on significant ventures in India, including a 900-bed hospital and a manufacturing plant for Honda.
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With a strategic shift toward renewable energy, SITAC capitalised on its extensive network and execution expertise in India to solidify its position as a key player in the renewable energy sector. Today, SITAC proudly showcases an impressive portfolio of renewable energy projects with a combined potential capacity of 600 MW. In 2015, the Group entered into a strategic joint venture partnership with the renowned French energy giant, EDF. This independent wind energy company is exclusively dedicated to the development, financing, construction, and operation of utility-scale wind energy projects in India.
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While the Group previously had diverse business interests, such as the prestigious mountain bicycle brand Muddy Fox, with a manufacturing unit in the U.K., and an automobile component production facility serving as a key ancillary to Maruti Suzuki, India's largest automobile manufacturing company, these businesses have since been successfully divested.
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Within the realm of real estate, the group's subsidiary is currently progressing a significant undertaking in Berlin, Germany. This ambitious project has already seen plots sold to prominent entities, including Porsche, as well as reputable commercial and residential developers. The remaining component is a visionary project set for development by SITAC, aiming to create a 50,000 square meter campus for life sciences and offices. Presently in the design phase, construction is anticipated to commence in 2025.
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The family office's global real estate portfolio encompasses luxury residential properties throughout Europe, complemented by numerous office blocks, warehouses, and apartments through its affiliated companies. Furthermore, the Group has recently developed and successfully sold an 89-apartment pure residential project in South London, highlighting its expertise and accomplishments in the real estate field. This strategic diversification and forward-thinking approach underline The SITAC Group's commitment to innovation, sustainability, and strategic growth in the realms of renewable energy and real estate.

It is pertinent to note that The SITAC Group's investment model is meticulously designed to ensure clarity and transparency for all stakeholders. Investments are carefully channeled through the Family Trust and specialised project-specific SPVs (Special Purpose Vehicles) established in various geographies. These SPVs are distinct entities, each owned and supported by the trust, dedicated solely to the successful execution and completion of their respective projects. Upon the culmination and sale of these investments, the SPVs are systematically dissolved. This structure is integral to our operations, providing a clear, organised framework that supports our commitment to innovation, sustainability, and strategic growth, while ensuring compliance and alignment with our partners' and stakeholders' expectations.

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