Established in Kuwait in 1973, the National Real Estate Company (NREC) is a publically listed real estate and investment company with a presence in the Middle East and North Africa. Since then, NREC has grown into one of the largest real estate companies in the GCC, with assets and capital exceeding KD542 million (US$ 1,864 million) and KD89 million (US$ 308 million), respectively. Headquartered in Kuwait, NREC houses subsidiaries, entities and developments that span across the MENA region, including the UAE, Egypt, Jordan, Iraq, Lebanon, and Libya. NREC’s portfolio of projects completed or under development, includes office space, mixed use centers, industrial parks, residential communities and super-regional malls. In addition to a strong track record in property development, NREC brings experience and depth of knowledge in property management of commercial complexes and shopping centers.
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