Company Profile

About Us

Kuwait Real Estate Company (AQARAT) is one of Kuwaits leading real estate companies, with several firsts to its credit. It was the first real estate company to be incorporated into the Kuwait Stock Exchange, the first to develop mixed-use retail, office and car park in Kuwait, and the first to introduce the Build-Operate-Transfer concept before a formal regulation was adopted.

AQARAT has a remarkable presence in Kuwait; it owns, develops and manages many prominent, historical and legendary buildings in Kuwait. AQARAT global footprint spans notable projects in MENA, GCC, Europe, and US where it is known for its ultra luxurious residential hubs and investment units.

AQARAT has implemented a diversified strategy in the real estate and investment sector. The focus is two-fold: to deliver superior value to its customers through innovation & uniqueness and to become a world leader by establishing and consolidating its presence in leading real estate markets across the globe.

The company continues to successfully implement its strategic vision by evaluating the potential of new & emerging markets, investing in prestigious projects and diversifying its scope of operations, all the while maintaining superior quality, unyielding technical standards and excellence.

AQARAT has also entered into strategic alliances and joint venture partnerships with leading local, regional and international companies such as Yotel New York, IFA Hotels & Resorts, UAE and Courtyard by Marriot, Hamburg, Germany.

Mission Statement

AQARAT strives to consistently deliver superior risk-adjusted investment returns by combining our collective industry expertise and relationships with investment discipline, core values and a commitment to excellence.

Our mission is to provide leadership that results in successful real estate ventures, prosperous commercial properties, thriving residential communities, and to create a rewarding work environment for our employees. We aim to create long-term sustainable value for our investors through strategic asset growth, increased profitability and the capture of value added opportunities.

Our stakeholders include our employees, owners, business partners, residents, vendors and suppliers, as well as government agencies, regulators and lenders. The interests, goals, and objectives of all stakeholders are important to the success of our company, both individually and collectively.

AQARAT conducts its affairs with integrity, vision, and consideration. We listen to the goals of our stakeholders and align our resources to surpass these goals. We are committed to developing employees and creating teams that surpass industry standards by creating an environment that empowers our team and rewards innovation.

We are selective and purposeful when evaluating new business opportunities.

Vision

To become a regional real estate investment and development company diversified through geographic and sectorial differentiation, in order to serve both stakeholders and clients while increasing investment returns.

Core Values

Excellence - We take all of the necessary steps to provide the highest level of service to our stakeholders. Excellence is our goal, providing exceptional service and thorough execution from start to finish in every transaction.

Integrity - Integrity is the foundation of Aqarats corporate value structure. We rely on honesty and virtuous ethics in the everyday workings of the company. We live up to our commitments, responsibilities, and promises. We focus on honest communication and building long-term relationships in which trust is essential.

Innovation - Aqarat recognizes and embraces the latest design methodology and technology into every aspect of the company to increase productivity and provide increased rewards for our stakeholders. Stakeholders of the company can feel secure in knowing that we continuously research and implement cutting-edge strategies.

History - We honor the companys storied past as a pioneer in the local real estate market by constantly striving to adhere to the highest of standards set forth by our predecessors. We recognize the innovation that led to the companys growth and standing as one of the premier real estate companies in the region and strive to improve upon it in order to not merely maintain, but to grow the companys legacy.

Talent - We recognize the exceptional skills of all of our team members and act to cultivate and encourage them. We invest in team members, making sure each one has the opportunity to develop the tools they need to succeed.

Cooperation - We believe that everyone we work with will be more successful in a collaborative environment and strive to develop a real sense of teamwork and partnership in our relationships with all of our stakeholders

Community - We envision ourselves as an integral part of our community both locally in Kuwait as well as regionally in the MENA region. We participate in volunteer activities and pro-bono community improvement efforts at the company level and we encourage all of our team members to volunteer their time and energy to causes close to their hearts.