After immigrating to Australia in 1969 and relocating to Tasmania in 1972 with his Tasmanian wife, Ali Sultan soon established business interests. From owning and operating a corner shop in 1972, Ali Sultan has grown to become a leading property investor and property developer in Tasmania.

Sultan Holdings has significant interests in commercial, retail, tourism and residential property throughout Tasmania and would be the largest private owner, manager of car parks in Hobart.

Having developed several major projects over recent years, Sultan Holdings investment in Tasmania will be ongoing as it proceeds with other new initiatives on sites it owns in Hobart and Sullivans Cove (Hobart's waterfront).