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Welcome to The SQUID Ltd

A real estate developer that

goes beyond your expectations

Get to KNOW us

The Squid Ltd. - we are a visionary real estate development company where innovation, sustainability, and luxury coalesce. Registered in Zanzibar (operating under  Investment Incentives outlined in section 31(2) of The Zanzibar Investment Promotion and Protection Authority Act No. 14 of 2018), we are committed to creating state-of-the-art properties that go beyond your expectations.

 

Pioneering in sustainable technologies, our projects are seamlessly designed to harmonize with Tanzania's unique natural landscape. Our strength lies in our dedicated team, an ensemble of seasoned professionals with global experience and multi-sector expertise, all singularly focused on your success. Leveraging the latest in intelligent technology, we aim to redefine how people live, work, and interact.

 

Here at The Squid Ltd., with an international shareholders structure consisting of 65% Europeans and 35% Tanzanians, we don't just build properties; we create intelligent ecosystems that elevate the standard of living. From groundbreaking condo hotels to transformative smart cities, our mission is to fulfill your dream of a luxurious yet sustainable lifestyle.

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Our Vision

The Squid Ltd. is committed to revolutionizing Tanzania's real estate landscape by seamlessly integrating design, luxury, and technology in our smart property developments.

 

Specializing in hospitality resorts, residential complexes, and mixed-use real estate, we're pioneers in sustainable technology, exemplified by our groundbreaking Condo-Hotel project in Zanzibar, The Ocean Pearl. Guided by a steadfast dedication to safe, energy-efficient, and environmentally responsible practices, we aim to create developments that embody quality, foster community, and thrive in highly sought-after locations.

Our Values

Expertise

Professionalism

Results

Accountability

Mission

Our mission is to redefine the real estate industry by delivering dream homes in premium locations that not only embody world-class luxury and sustainable development but also integrate the rich cultural fabric of Tanzania.

 

By bridging international capital and investors with opportunities in both Zanzibar and mainland Tanzania, we aim to become the leading brand in condo-hotel developments. Committed to offering unparalleled services, we strive to create leisure-centric communities that contribute to a sustainable and enriched future for all stakeholders.

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Intelligent Ecosystems

Where Tech-Enhanced Real Estate meets Sustainability

The Squid Ltd. , we are pioneering a new era of real estate development that marries cutting-edge technology with smart living solutions, all enveloped within environmentally friendly buildings.

 

Our developments aren't just structures; they are intelligent ecosystems designed to enhance the quality of life for their inhabitants. From home automation systems that offer unprecedented control and convenience, to integrated renewable energy solutions that significantly reduce carbon footprint, we are pushing the boundaries of what's possible in modern living spaces.

 

By adopting the latest advancements in sustainable construction methods and materials, we're committed to creating buildings that not only exceed expectations but also set new benchmarks for environmental stewardship in the real estate sector. Our aim is to redefine the way people live, work, and interact, offering a lifestyle that is both luxurious and sustainable.

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Our TEAM

the Synergy of Masterminds

The Squid Ltd., our core strength originates from our dedicated team's diverse talents and expertise, all singularly focused on your success. Our ensemble of seasoned professionals is not only passionate about their individual fields but also brings a synergistic mix of skills, global experience, multi-sector know-how, and cross-cultural insights to the organization. Meet the team building your success:

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Mr. GEORGE ALEXANDRU

Founder, Chairman of Board and CEO

George is an enthusiastic entrepreneur, holding an MBA in Finance and Management at Bucharest Business School – Le CNAM Paris ,  with 18 years’ experience in  business in areas like IT&C, Security and Energy Sector. 


Under his leadership, successful companies were created and developed in Eastern Europe and Africa.
He was starting his career working with Oracle from Prague and IBM Corporation, later on,  starting his own business, expanding the areas of expertise into security ICT, real estate, energy and environment.  


In East Africa he is present since 2014 creating successful business, working in Tanzania, Zanzibar and Zambia. One of them, Rom Solutions Ltd (www.romsolutions.co.tz) , a company involved in government projects like smart city, surveillance, traffic management, boats resellers for European producers, having strong partnership with most European technology providers like AXIS Communications. Under his management,  was successful delivered projects worth more than 45 M USD. 


His role in The Squid Ltd. is Chairman of the Board and CEO, managing the development stage, overall strategy, development, and sales. 

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Mr. APIYO ALOO

Associate, Hotel Development & Advisory in Africa & Indian Ocean

Lead Consultant – Director of Hotel Development with a passion for hotels and real estate asset classes. Has worked for both Alliance Hospitality (Hotel Development Advisory Partner – Sub Saharan Africa and JLL – Associate Hotel Advisory SSA (A leading Global Hotel Development & Advisory Firm). 


As a lead consultant with the Lustar Hospitality Group, Apiyo focuses on delivering strategic advisory services to local, regional, and global clients across Sub-Saharan Africa. 


Apiyo has over ten years of experience in the hospitality real estate industry both in operations and advisory. Founding partner of Ankara International Real Estate Trust (Lustar Hospitality), broad experience includes hotel development both greenfield and brownfield, capital advisory, feasibility assignments, hotel repositioning and turnarounds, new market entry, brand development strategy, and strategic advisory.

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Mr. BOGDAN LUPU

Projects Associate, Engineering Team
Consulting Architect

Bogdan is the co-founder and principal architect of ZEE Architect Studio, an interdisciplinary studio which designs and directs comprehensive and integrated projects in various fields such as mixed use buildings, offices, hotels, commercial and residential projects around the world. Bogdan has a Bachelor Degree in Architecture and Urban Planning from UAUIM Bucharest and is a licensed architect since 2009, with Design and Built experience in an international architecture company before joining his own practice.


A full-service architectural, interior, space planning and urban design company, ZEE Arhitect Studio is fully committed in creating innovative and original solutions catering to various needs and expectations of the clients. At ZEE Arhitect Studio our vision is to create spaces for a better living, wherever you are.

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GINA WASHINGTON

Project Development Team

Sales & Marketing Manager

Boasting over six years of professional experience in the Real Estate industry, Gina embodies the expertise that every nascent investor in the region could rely on. In her role as a Senior Investment Consultant, she has adeptly steered numerous clients towards making prudent investments in diverse properties within the area. Her position within the company as part of the project development team establishes her as an essential conduit between investors and developers, wherein she integrates her profound understanding of both parties' needs with practical, effective solutions tailored for the regional context.

 

With a robust academic and practical background in Engineering and Technology, Gina's passion extends into Real Estate Development Projects, an area where her enthusiasm and knowledge converge. She has been instrumental in the successful fruition of several projects under The Squid Ltd.'s banner, offering her considerable expertise to shape their outcome positively.

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Mr. ODAANA MAGUMBA

Founder, Stakeholder and Chief Financial Officer

Odaana Magumba is an ex-corporate banker with over 9 years of experience with Standard Chartered Bank (UK, Sub Saharan Africa, and Middle East) turned entrepreneur in Finance, Surveillance Security, Real Estate and Energy industries respectively.

 

Committed in contributing to the economic development of Tanzania through involvement in activities that ultimately promotes equal access to opportunity for all Tanzanians. Particularly interested in how the intersection of technology and finance can be harnessed to create new, disruptive, and cost-effective models that increase financial inclusion.

 

As a Co-Founder and Chief Finance Officer of The Squid Ltd., the fundamental role is in managing the company’s financial strategies and managing financial institutions relations. As well driving the business development committee in new prospect businesses, acquisitions and fund raising.

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Mr. STEFAN LICHWAR

Projects Principal Associate, Project Manager and Architect at The Squid Ltd. Zanzibar 

Mr Stefan Lichwar has more than 40 years of Civil engineering and industrial construction works experience, following his appointment as General Manager of ASCO Constructii Company since 1992, design engineer at Design and Calculation Centre Bucharest (1990 -1992) and at former design engineer at Bucharest Industrial Construction Central (1987-1990). 


ASCO Constructii (https://ascoconstructii.ro/projects) portfolio ( more than 1500 projects managed in real estate ) under he’s management and guidance, comprises a wide range of projects, including low and high-rise residential, hotels and conference facilities, offices, commercial spaces, etc. designed in Romania as well as in international locations such as Egypt, Chad, Seychelles, Rwanda and Zambia. Also, the company has positioned itself in the top of the profile companies by turnover, having contracts only with private beneficiaries.


Mr Lichwar is renowned for remaining passionately involved in every aspect of the business he has built over time and also for being a proponent of innovation. 
The role in
The Squid Ltd., is to be the Technical Director, Project Manager 
, Architect and overall supervisor in the construction stage of our developments.

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Mr. DAN STEFAN CIOBANU

International Expert on Smart Technologies

With an extensive career encompassing over 30 years in Information Technology, Dan has established himself as an International Expert in Smart Technologies. His projects have wielded a global impact, touching all continents, and he is perpetually drawn to challenges that push the boundaries of what is possible.

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Possessing Ph.D. studies in Artificial Intelligence and a graduate degree from the Cybernetics Faculty of ASE Bucharest, his academic credentials are solidly grounded. This foundation has been crucial in his practical contributions across various sectors, including Financial Services, Law Enforcement, Entertainment, and e-Administration. Among his notable achievements is a patent in remote gaming technology, which has pioneered new frontiers in the entertainment industry. His work in smart cities, intelligent buildings, and enhanced living environments has set new standards in technological applications for urban life.

 

His expertise is multidisciplinary and innovative, consistently seeking out challenges that result in transformative solutions within a continuously evolving technological landscape.

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Elizabeth Humplick

Project Development Team
Sales Executive

Elizabeth is a dynamic real estate investment consultant with a background in engineering. Her passion for real estate ignited a career that marries technical expertise with market insight. Known for her adeptness at identifying prime investment opportunities, Elizabeth's consultative approach and community-oriented values have made her a respected figure in the industry.

 

Her journey underscores the synergy of her engineering foundation and her fervour for real estate, creating a lasting impact on the field.

Strategic Alliances and Partners

ASCO Constructii SRL, Bucharest, Romania –Engineering, Design, Project Management -Strategic alliance


ZEE  Studio Arhitects, Bucharest, Romania –Engineering, Design, Strategic alliance


Ankara International Group, Nairobi, Kenya –Hospitality Consultants, Strategic Alliance


Sinohydro/Power China – construction partner


CBRE Excellerate, South Africa – market research projects partner


KPMG Tanzania, Auditor


Tanzindia Insurance Company TZ – insurance partner


Phoenix Assurance Group TZ – insurance partner

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The Ocean Pearl Zanzibar, is a luxury condo hotel development which accommodates 238 units (studios and villas) in phase 1 and 150 units (studios and villas) in phase 2 and includes Commercial Center – The Pearl of 15,000+ sqm and 20,000+ sqm rentable rooms area, 5000+sqm of pools, SPA, diving center, water sports activity center, tennis playground, medical center, Kids playground , Jetty and a Night Club.

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Future Projects

8   Luxury Villas

36 Individual Villas

72  Studios 


Final Use : Residential

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Future Projects

Mainland Tanzania – Msasani Peninsula, Dar Es Salaam – Luxury Residential Expected Delivery – 2027 

Stage : Planning

Final Use : Residential 
Plot Size : 5000 sqm 
No of Floors : up to 4
No of Apartments : 30 Units 

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Let's get in contact

We're eager to hear from you and discuss how we can make your dream of luxurious, sustainable living a reality. Our dedicated team at The Squid Ltd. is available to answer any questions:

The Squid Ltd.
Reg. Number: Z0000108045 TIN Number: 155-435-127
HQ: Zanzibar, Zanzibar City, Region: West Urban Region, Suburb: Kisauni, Street: Fumba Road , Number: SH/K/E/172
PO BOX 4312

Dar es Salaam Office :
3rd Floor, Renaissance Plaza, Plot 498, Haile Selaissie Road, PO Box 12866

+255 774 199 944

© 2023 THE SQUID LTD. All rights reserved.

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