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Wafra Real Estate
Wafra Real Estate (WRE) is a leading real estate investment and development player in The State of Kuwait.Pioneering the market, it introduced the concept of a specialized real estate company to the Kuwaiti and regional markets.
Since its inception in 1984, WRE has implemented a balanced investment strategy aiming to achieve profit while following stringent guidelines of hedging and risk management for its investments and projects. Such a strategy enabled WRE to maintain satisfying growth rates in its returns, investments, and assets under management and shielded the company from the many market crises and cycles, such as the Souq Al Manakh crisis, the Gulf Wars, and the 2008 global financial crisis.
WRE enjoys major competitive advantages comprised of its stability, solid strategic relations with the different economic sectors in The State of Kuwait, its high net worth position, management experience, and a qualified human resources team offering a wide array of integrated real estate services including design, development, operating, management, and maintenance.
In 2011, WRE unveiled its new identity reflecting the new generation of its projects, vision, strategies, and objectives. Through this new identity, WRE once again proved its dynamic, ambitious, and flexible business model, as well as its ability to meet market changes.
WREC continuously strives to sustain a distinguished name in the real estate development and investment industry in Kuwait and the region, by developing world-class projects while preserving the local essence and meeting the community’s needs. However, the level of risk remains the most essential factor driving the company’s investment decisions العقارات