National Real Estate Company K.P.S.C. is a publicly listed real estate and investment company that was established in Kuwait in 1973. With a starting capital of KD5 million (US$17.5 million), NREC has experienced significant growth and has evolved into one of the largest real estate companies in the GCC. The company's assets and capital now exceed KD500 million (US$1,750 million) and KD85 million (US$300 million), respectively. Headquartered in Kuwait, NREC has a strong presence in the Middle East and North Africa with subsidiaries, entities, and developments in various countries including the UAE, Egypt, Jordan, Iraq, Lebanon, and Libya. NREC's diverse portfolio of projects includes office spaces, mixed-use centers, industrial parks, residential communities, and super-regional malls. The company also boasts a proven track record in property development and management of commercial complexes and shopping centers, establishing its excellence through experience in the real estate industry. With a vast presence across the MENA region, NREC has demonstrated its capability in undertaking and managing large-scale real estate projects. As a company with a long-standing history and substantial capital, NREC presents itself as an attractive opportunity for investors seeking exposure to the real estate sector in the Middle East and North Africa. Furthermore, its successful track record and extensive experience in property management further solidify its position as a lucrative investment option within the real estate industry.
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