Commercial Real Estate Co.
KKSE:ALTIJARIA167.00
KWF
-2.00
(-1.18%)
ISIN
KW0EQ0401632
Return %
Stock
S&P 500
1Y
-15.27
14.20
3Y
83.47
81.12
5Y
43.18
68.34
Capital Structure
KWD
•
in mil. unless spec.Working Capital
KWD
•
in mil. unless spec.Growth Rates
KWD
•
in mil. unless spec.Quarterly Revenue
KWD
•
in mil. unless spec.Quarterly Earnings Per Share
KWD
•
in mil. unless spec.Quarterly Dividends Per Share
KWD
•
in mil. unless spec.Company Description
- CEO
- Abdul Latif Abdul Munaf Maerefi
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- Kuwait City Kuwait
- IPO Date
- Dec 21, 2004
- Website
- altijaria.com
- Similar Companies
- Business
- Commercial Real Estate Company K.P.S.C. (Al Tijaria) is a Kuwait-based public shareholding company engaged in real estate investment, property development, commercial leasing, and facility management operations across the Middle East and international markets. Founded in 1968 and headquartered in Kuwait City, Kuwait, the company operates across diverse real estate sectors, including commercial, residential, hospitality, leisure, and healthcare properties. Its core products and services encompass the development and leasing of prime commercial office towers, including its flagship Al Tijaria Tower; ownership and operation of mixed-use shopping centers and retail complexes, such as Symphony Style Mall, Al Dome Complex, and Sahara Complex; leasing and management of luxury and mid-income residential properties, comprising Al Tijaria Residential Towers, Rihan Complex, and Al Diyar Complex; hospitality asset ownership and management, including luxury hotels and beachfront resorts such as the Symphony Style Hotel and leisure destinations like Boulevard Park; comprehensive facility and property management services, covering building maintenance, mechanical and electrical engineering upkeep, security, and tenant relations; project management and real estate consultancy for large-scale urban developments; and general trading and contracting services supporting infrastructure and building projects. Geographically, the company maintains extensive operational portfolios in the State of Kuwait, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the United Arab Emirates, the Sultanate of Oman, and Europe, managing its assets directly and through specialized subsidiaries, such as Al Tijaria Real Estate Development Company and Al Salmiya Group Enterprise Company. In recent operational and strategic developments, Al Tijaria has expanded its regional presence through cross-border residential and mixed-use property investments in the Gulf Cooperation Council region, notably advancing high-rise residential projects in Bahrain and strategic land developments in Saudi Arabia. Additionally, the company has implemented digital transformation initiatives across its property management division, integrating smart building automation systems, mobile tenant self-service portals, and energy-efficient retrofits to reduce operational costs and enhance asset yields. Furthermore, Al Tijaria has optimized its asset portfolio through targeted divestments of non-core holdings, restructured medium-term Islamic financing facilities to strengthen liquidity, and launched revamped commercial leasing programs across its key retail hubs to achieve higher occupancy rates amid shifting market dynamics.