List of all articles filed under “kuwait-real-estate” category.
Ali Haidar Khajah shares his outlook for 2021 and onward, and talks about investment opportunities in the real estate sector in Kuwait. He also gives an overview of Al Hamra Real Estate Company, as well as the company’s iconic mixed-use development and national landmark, Al Hamra Tower, located in the heart of Kuwait City.
Ali Haidar Khajah, Chief Operating Officer at Al Hamra Real Estate Company, gives a brief overview of the company. Al Hamra Real Estate is a leader in real estate development and real estate management. The iconic Al Hamra Tower, a mixed-use development and national landmark, is located in the heart of Kuwait City.
Ali AlMatrouk presents Jadeite Group, a respected Kuwaiti closed shareholding company specialized in property development, e-commerce and logistics. Jadeite Group is known for establishing exciting ventures in other areas than real estate and companies such as TONS e-grocery and Porter Express are now becoming a household name in Kuwait.
Ali AlMatrouk, Vice Chairman and Managing Director at Jadeite Group, shares his vision for the Kuwaiti shareholding company. Jadeite Group has interests in various areas, such as: real estate development, e-commerce, logistics and restaurants.
“At this point the lowering of the oil prices and the deficit that we are going through has had a marginal effect on the real estate sector. As we all know, the real estate sector here in Kuwait has been the backbone for the non-oil revenue here in the country. I have personally been seeing a good demand over the past two years in the commercial properties throughout Kuwait,” says Mohammed Al Matook, Acting GM of Al Hamra Real Estate Company.
“My company is called Orchid Real Estate. We are active and operate in local and international residential and commercial real estate sectors. I am also the chairman of Jood Gulf Holding Company,” says Nouria Al-Neama, Vice Chairman and MD of Orchid Real Estate.
“Projects that are under execution with the private sector include a 300,000m2 commercial development in the south of Kuwait called the Al Kout project. This is a retail project connected to a hotel we had built a few years back called the Rotana Hotel, connected to another mall that we had built in early 2007,” says Elie N. Hani, Deputy CEO of Ahmadiah Contracting.
“We are known to work on fast track, design development projects. We started that process back in the 70s with one of the real estate companies called Salhia Real Estate. We did the Salhia Mall that is still considered to be the mall with a very large number of prime brands like Louis Vuitton and others,” says Elie N. Hani, Deputy CEO of Ahmadiah Contracting.
“Our vision is to make Al Hamra Real Estate Company one of the leading regional companies within the commercial real estate sector through the current offering that we have or by going into new ventures where we can replicate this iconic experience somewhere else.”
“Orchid Real Estate specializes in buying and selling buildings within Kuwait and internationally. We buy buildings, renovate them, and then prepare them for resale. Once touched by us, the buildings’ value increases (often double) and this is where our speciality lies.”
