The objectives for which the company was established are : - Designing, developing, managing and leasing real estate properties.
- The sale and purchase of shares and bonds of real estate companies only for the account of the company in the State of Kuwait and abroad.
- Preparing studies and providing consultations on all types of real estate fields.
- Owning and managing hotels, health clubs, tourism developments, as well as leasing and renting them.
- Performing maintenance work related to buildings and real estate owned by the company, including performing civil, mechanical, electrical, lifts and air-conditioning work to guarantee maintenance of the buildings and their safety.
- Organizing real estate exhibitions.
- Organizing real estate auctions.
- Ownership, management and leasing of commercial properties, office space properties, mix-use properties and residential properties.
- Establishing and managing real estate investment funds.
- Utilizing financial surpluses available with the company through investing them in financial portfolios, managed by specialized companies and authorities.
- Direct contribution in laying down the infrastructure of residential, commercial and industrial areas and projects according to the build, operate and transfer system (BOT), and managing commercial utilities according to the BOT system.
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"Recently AREC had celebrated the 5th anniversary of its establishment. AREC is managed by a good numbers of experts in the Real Estate and we are proud of our achievement so far."
