Action Real Estate Company (AREC) was established
in 2004 and then transformed into a Kuwaiti shareholding closed company in
2005 with a capital of KD 20 million. AREC is a subsidiary of Action Group Holdings
Company (AGH).
In addition to developing properties, AREC
provides real estate advisory, project management and
letting services, as well as overseeing the execution of projects’
design, construction and operation.
The company's real
estate assets were originally in retail showrooms, but have steadily
diversified into owning and developing commercial, office, mixed-use,
residential and hospitality projects throughout the State of Kuwait and the
Kingdom of Bahrain.