About the company
Wafra Real Estate occupies a leading position in real estate investment and development in Kuwait. Since its inception, it has embodied the concept of specialized real estate companies, a model that was not common in Kuwait and the region at the time.
Since its establishment in 1984, Wafra Real Estate has consistently pursued an investment strategy that balances profitability, hedging, and risk management for its investments and projects. This has enabled the company to achieve satisfactory growth rates in its returns, investment volume, and assets under management. This policy has also served as a safeguard against the repercussions of crises and market cycles it has experienced since its founding, most notably the climate crisis and the global financial crisis that began in 2008, the effects of which are still being felt by markets and companies.
Wafra Real Estate enjoys a key competitive advantage: its stability, strong strategic relationships with various economic sectors in the country, its high financial standing, and its managerial expertise and qualified human resources, enabling it to provide integrated real estate services encompassing design, development, operation, management, and maintenance.
In 2011, Wafra Real Estate launched its new identity to reflect the qualitative leap the company was undergoing in its projects, objectives, and strategies, and to reaffirm that its business model is characterized by ambitious thinking, flexibility, and the ability to keep pace with market developments.
Wafra Real Estate seeks to establish a clear presence in the field of real estate development and investment in Kuwait and the region, executing its projects to international standards while preserving local character and meeting the aspirations of the community. Risk assessment remains the most important factor in any investment decision made by the company.