Commercial Real Estate Company (CRC AlTijaria), last updated on
, is listed under Real Estate Companies
category. It was added to Kuwait Directory Rinnoo.net
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The Commercial Real Estate Company, K.P.S.C (Al-Tijaria) has been established since February 4th of 1968 and has been in business for over 44 years now. Al-Tijaria was listed in the Kuwait Stock Exchange (KSE ) towards the end of 2004. Al-Tijaria is considered one of the largest real estate companies in the state of Kuwait with regards to paid up capital. Our main focus of Al-Tijaria is directed towards commercial property investment in the state of Kuwait and the Gulf regions. It is a multi -faceted organization. All financial aspects are governed by the Islamic Sharia (laws).
Al-Tijaria has been awarded ISO 9001:2008 Certification.
Our AchievementCapital Standards Rating Co. (CSR) has assigned a corporate issuer rating of ‘BBB+’ and a National rating of ‘A+kw’ to Commercial Real Estate Company K.P.S.C. ("Al-Tijaria"). The outlook for the rating is stable. Al-Tijaria’s ‘BBB+’ rating is mainly supported by the strong market position in Kuwait as one of the largest property traders and developers.The company has a Strong asset base, with landmark properties including sizable land-banks held across Kuwait. Timely sales of investment properties have resulted in company achieving strong operating margins.Our renewed focus in core operating activity post the financial crisis by diversifying into hotel development & rentals, and reduced dependence on investment income.We developed a Significant improvement in leverage and debt maturity profile seen in FY2011 is supported by a sound management team as reflected by conservatively employed business & financial strategies.
Our VisionAl-Tijaria company thoroughly selects real estate projects which have potential for development. By applying our experience and innovative thinking, increases the value of each project. The surrounding infrastructure is also upgraded to enhance the whole area. Quality and superior design are essential elements of Al-Tijaria projects.
Al-Tijaria works with partners and co-investors utilizing the combined expertise of all parties.
Our strategyAl-Tijaria maintains a high performing diversified portfolio of income generating properties, which provide a steady income. Al-Tijaria company's other strategy is to be involved in each real estate development only until completion or shortly thereafter.
The company also bids for projects released by the Kuwaiti government to the private sector, and to participate in fulfilling the high demands for local private housing.