KUWAIT REAL ESTATE HOLDING CO KSHC

What KUWAIT REAL ESTATE HOLDING CO KSHC does

Kuwait Real Estate Holding Co KSHC (AlAqaria) is a publicly listed Kuwaiti holding company founded in 1980 and headquartered in Safat, Kuwait, that operates across real estate investment, development, project management, and property services. Following a capital increase to KD 30 million in April 2004 and its listing on the Kuwait Stock Exchange in April 2005 (ticker KSHC), the company reorganized into a holding structure and consolidated its operations under three wholly-owned subsidiaries: Al-Omran Real Estate Development Co., Timeline Project Management Co., and Al-Fanar Investment Co. Core service lines include property management and maintenance, project management, and cleaning and security services, alongside a broader stated mandate covering investment sourcing (domestic and international), marketing of investment products, strategic planning, project financing, feasibility studies, M&A, capital restructuring, and the listing of affiliated companies.

The group's revenue mechanics are driven by a mix of real estate development income, project management fees, property and facility management contracts, and investment returns channeled through Al-Fanar Investment Co. Its go-to-market is primarily institutional and project-based rather than high-volume consumer-facing, with distribution executed through its subsidiary network in Kuwait. The company serves real estate investors and counterparties seeking exposure to Kuwait and adjacent real estate markets, and it markets investment products as part of its disclosed scope. There is no public disclosure of pricing, customer logos, or unit economics, and no indication of recurring SaaS or subscription revenue; the model is characteristic of a traditional GCC real estate holding and asset management operation. As a KSE-listed entity, AlAqaria also operates within a regulated disclosure and Sharia-supervised framework, with a Fatwa Supervisory Board referenced in its corporate governance disclosures.

Investor relations are conducted through the company's website (alaqaria.com.kw), including annual reports, financial information, and disclosure postings. Recent activity on the disclosure feed is limited to routine governance items — board meetings and general assembly results in May and June 2026 — with no new funding rounds, acquisitions, leadership changes, or product launches recorded in the available input.

Name

KUWAIT REAL ESTATE HOLDING CO KSHC

Legal name

AlAqaria العقارية

Website

https://alaqaria.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Kuwait Real Estate Holding Co KSHC (AlAqaria) is a Kuwaiti-listed holding company that invests in, develops, and manages real estate through three subsidiaries, serving domestic and regional real estate investors since 1980.

Ownership category

akta.pro rank

Headquarters

HQ city

Safat

HQ country

Kuwait

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Distribution channels1 record

Marketing channels1 record

Core offering

AlAqaria (Kuwait Real Estate Holding Co KSHC) is a Kuwaiti holding company that invests in, develops, and manages real estate assets in Kuwait and abroad. Through its three wholly-owned subsidiaries (Al-Omran Real Estate Development Co., Timeline Project Management Co., and Al-Fanar Investment Co.) and core service divisions, it offers property management and maintenance, project management, cleaning and security services, real estate investment, strategic planning, project financing, mergers and acquisitions, and consulting services to the group's affiliated companies and real estate investors.

Product overview

AlAqaria (Kuwait Real Estate Holding Co KSHC) is a real estate holding company that operates as a unified platform combining multiple service divisions. The company provides property management and maintenance, project management, and cleaning and security services through its core operations. Additionally, it manages a portfolio of subsidiaries including Al-Omran Real Estate Development Co., Timeline Project Management Co., and Al-Fanar Investment Co. The holding company structure enables it to offer investment opportunities, strategic planning, project financing, mergers and acquisitions, and consulting services to the AlAqaria group and affiliated companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Services Real estate project development services delivered through Al-Omran Real Estate Development Co., a wholly-owned subsidiary, focused on property development projects in Kuwait.
• Project Management Services Project management services for real estate development and investment activities, delivered through Timeline Project Management Co., a wholly-owned subsidiary of AlAqaria.
• Real Estate Investment Services Investment services including locating and evaluating real estate investment opportunities in Kuwait and abroad, capital restructuring, mergers and acquisitions, project valuation and feasibility studies, and marketing of investment products, delivered through Al-Fanar Investment Co., a wholly-owned subsidiary.
• Property Management and Maintenance Property management and maintenance services for real estate assets, operated as one of Al-Aqaria's three core service divisions since its founding.
• Cleaning and Security Services Cleaning and security services for real estate facilities, operated as one of Al-Aqaria's three core service divisions since its founding.
• Corporate Consulting Services Strategic consulting services for the AlAqaria group and affiliated companies, including strategic planning, marketing of investment products, and verification of investment information.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Al-Omran Real Estate Development Co.coreOthersWholly-owned subsidiary specializing in real estate development. The subsidiary forms part of AlAqaria's core operational structure for executing property development projects in Kuwait.
• Timeline Project Management Co.coreOthersWholly-owned subsidiary focused on project management services. Provides project management expertise to support AlAqaria group's real estate development and investment activities.
• Al-Fanar Investment Co.coreOthersWholly-owned investment subsidiary of AlAqaria. Handles investment activities and capital deployment for the group in real estate and related sectors.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Mabanee Company K.P.S.C. Kuwait-listed real estate developer and operator (owner of The Avenues mall). Most directly comparable Kuwaiti listed property holding company with similar investment/development business model.
• Tamdeen Real Estate Co. K.S.C. Kuwaiti-listed real estate developer and investor with mixed-use projects. Comparable as a GCC-listed holding with similar development/investment focus.
• Kuwait Real Estate Company K.S.C. One of the longest-standing listed Kuwaiti real estate companies with investment, development and rental activities. Direct comparable given overlapping geography, listing and business model.
• Salhia Real Estate Co. Kuwait-listed real estate company engaged in property investment, development and management. Closely comparable operating scope (investment, development, property management) in the Kuwaiti market.
• National Real Estate Co. (NREC): Kuwaiti-listed real estate investment and development company with diversified property activities across the region. Comparable as a Gulf-listed holding entity focused on real estate investment and development.
• United Real Estate Co. (UREC): Kuwait-based listed real estate company with holdings across residential, commercial and hospitality properties. Comparable as a publicly listed Gulf real estate holding entity.

Regional players

• DAMAC Properties: Dubai-based real estate developer with regional Gulf focus. Comparable on real estate development and investment, though primarily UAE-focused versus AlAqaria's Kuwait base.

Broad incumbents

• Aldar Properties PJSC: Abu Dhabi-listed major real estate developer and investor. Comparable as a Gulf-listed integrated property platform, though considerably larger and more diversified.
• Emaar Properties PJSC: UAE-listed mega-developer (Burj Khalifa, Dubai Mall). Regional real estate incumbent of much larger scale; comparable on listing and developer/investor model but broader portfolio.

Emerging players

• Arady Properties (formerly Arcapita): GCC-focused real estate investment and development platform with Shariah-compliant structures. Comparable on regional Gulf real estate investment focus and Islamic finance orientation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/kuwait-real-estate-holding-co

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KUWAIT REAL ESTATE HOLDING CO KSHC