AREC: Building excellence across Kuwait
Award-winning, and most certainly a company on the up, Action Real Estate sets its stall out to consistently deliver the highest possible standards in real estate services
Action Real Estate Co (AREC) is a Kuwait based company, established in 2004, and then transformed into a Kuwaiti Shareholding Closed Company (KSCC) in 2005.
In addition to developing its own properties, AREC also provides real estate advisory and consultancy services, project management, leasing and operations, as well as overseeing the execution of projects, design and construction in Kuwait.
With its headquarters in Kuwait, the company now enjoys a solid and growing presence in Oman, United Arab Emirates, Bahrain and Saudi Arabia. AREC is relatively young in real estate terms, but is already recognised as one of the most reputable real estate players in the region.
From a modest beginning in 1995, the company started expanding within Kuwait across key areas, such as northern Kuwait within the Jahra Governorate (an area which comprises one third of Kuwait’s population), the south, in Mahboula and Mangaf, and also Kuwait City, Salmiya, Dhajeej and beyond.
AREC has developed 250,000 sqm of properties in the commercial, retail, mix-use, hospitality, office and residential market sectors, providing for people from across all areas of society.
Commitment to excellence
In line with the unfaltering quest for world-class quality, AREC was awarded “Best Retail Developer in Kuwait” by the prominent Arabian Commercial Property Award in association with Bloomberg TV, yet another sign of its steady progress and commitment to excellence.
Certainly, AREC lives up to its award-winning reputation, from the development stage, by creating high quality properties of great architecture and design, in consideration of the latest trends, innovation and technology, to the later stage of operating it with the highest standards and a particular emphasis of considering AREC’s tenants as true business partners.
The company is committed to developing and enhancing its regional presence by establishing strategic partnerships that support the company’s ability to execute its projects across different regions.
AREC also conducts extensive due diligence to evaluate investment opportunities, which helps defend the interests of its partners, its shareholders, and ultimately the communities for which its developments are built to serve.
In performing its activities, AREC adheres to a broad set of ethical principles that earn the trust of its shareholders, business partners and the society in general.