About the company
The National Real Estate Company (NREC) was established in Kuwait in 1973, as a real estate and investment company listed on the stock exchange with a presence in the Middle East and North Africa region.
The National Real Estate Company was founded with a capital of 5 million Kuwaiti dinars (17.5 million US dollars), and it has grown to become one of the largest real estate companies in the Gulf Cooperation Council countries, with assets and capital exceeding 500 million Kuwaiti dinars (1,750 million US dollars) and 85 million Kuwaiti dinars (300 million US dollars) respectively. Its headquarters are located in Kuwait, and the National Real Estate Company includes subsidiaries, entities, and real estate projects spanning across the Middle East and North Africa region, including the United Arab Emirates, Egypt, Jordan, Iraq, Lebanon, and Libya.
The project portfolio of the National Real Estate Company, whether completed or under development, includes office spaces, multi-use centers, industrial complexes, residential compounds, and major regional shopping centers. In addition to its distinguished track record in real estate development, the National Real Estate Company possesses deep expertise and knowledge in property management within commercial complexes and shopping centers.