United Real Estate Company - Corporate Profile 2015
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United Real Estate Company
Corporate Profile
2015
1
CULTURE COMMUNICATION DELIVERY
COLLABORATIVE UNIFIED SUSTAINABLE
United Real Estate Company (URC) is a leading real estate developer in the Middle East
INCLUSIVE DIRECT DESIGN LEAD
& North Africa (MENA) region, with total assets of over KD 491 million, (approximately
LEADERSHIP OPEN HOLISTIC
USD 1.7 billion) in 2014. URC was founded in 1973 in Kuwait and is a publicly traded
RESPECT INTELLIGENT
company listed on the Kuwait Stock Exchange since 1984. PERSONAL
URC’s core objective is to deliver world-class developments that create value to all our
stakeholders: clients, shareholders, communities, and end users of our developments.
The company’s operations are driven by a vision to deliver unique developments that
contribute to the built environment though a culture which embraces a team-based
approach, fosters communication and builds lasting stakeholder relationships.
URC’s portfolio across the MENA region includes commercial, retail, hospitality,
residential, as well as mixed-use developments. In Kuwait, completed developments
include KIPCO Tower, Saleh Shehab Resort, and The Marina.
Regionally, URC is developing Abdali Mall in Jordan, Aswar Residences in Egypt, as
well as Raouche View at 1090 in Lebanon. Upcoming projects of the company include
Assoufid in Morocco.
The year 2013 marked URC’s 40th anniversary and positioned the company as a
leading developer that continues to deliver value-adding projects to the communities
it operates in.
3
Current Projects
At URC we believe our reach
brings opportunity.
We create destinations that
positively impact their
surroundings.
5
ABDALI MALL
Amman, Jordan
KEY FACTS
PLOT AREA 29,604 sqm
BUILT UP AREA 227,327 sqm
NET LEASABLE AREA 57,120 sqm
PARKING 2,400 bays
COMPONENTS Retail
F&B
Entertainment
EXPECTED COMPLETION Q3 2015
Located within the Abdali master plan development, the
new downtown of Amman, Abdali Mall is a design led
iconic mall that boasts unique open air features. With
a total built up area of over 227,000 sqm, Abdali Mall
spreads over five floors above ground that comprises
of over 57,000 sqm of net leasable space including a
large number of retail shops, an entertainment center,
eleven cinema screens, a food court, a casual dining
plaza, a supermarket, in addition to five basement
floors designed as a conveniently accessible parking
that accommodates for 2,400 cars.
In 2013, Abdali Mall was awarded with Best Retail
Project - Middle East in the Large Cap Category by the
World Finance Construction Awards.
For leasing opportunities or for more information about
Abdali Mall, please visit: www.abdalimall.com.
7
The Abdali Mall
development in
the new downtown
of Amman, Jordan
features a unique
open-air design
9
Exterior & Interior Perspectives of Abdali Mall
11
RAOUCHE
VIEW AT 1090
Beirut, Lebanon
KEY FACTS
PLOT AREA 4,932 sqm
BUILT UP AREA 43,350 sqm
TOTAL SELLABLE AREA 23,432 sqm
PARKING 255 bays
COMPONENTS Apartments
Gym & Indoor Pool
Community Garden
Outdoor Pool
EXPECTED COMPLETION Q4 2014
Raouche View at 1090 (RV1090) is a high-end residential
building located in Beirut and situated directly across
from the Raouche rocks. Comprised of 22 floors, the
development includes 40 apartments and two duplex
penthouses available for sale. Typical apartments are
made up of four bedrooms, with a separate driver’s
room, storage room, service area and reserved parking
for each home owner.
The building is equipped with a 760 sqm health club
which includes a gymnasium, sauna, steam room and
indoor swimming pool. RV1090 also has a 2,250 sqm
private landscaped garden with additional amenities
such as an outdoor swimming pool, a seating area, and
a children’s pool.
For sales opportunities or for more information about
RV1090, please visit: www.raoucheview.com.
13
RV1090 sets new
standards for living
spaces and provides
views of Beirut’s most
known landmark, the
Raouche rocks
15
Exterior & Interior Perspectives of Raouche View at 1090
17
ASWAR RESIDENCES
New Cairo, Egypt
KEY FACTS
PLOT AREA 114,374 sqm
BUILT-UP AREA 46,419 sqm
TOTAL SELLABLE AREA 44,946 sqm
PARKING 199 Bays
COMPONENTS Villas
Outdoor Swimming Pool
Clubhouse with Gym
Community Garden
EXPECTED COMPLETION Q2 2015
Aswar Residences is a residential community located
on the eastern side of New Cairo, a thriving modern city
currently being developed 40KM from Cairo, Egypt. The
project consists of 75, three-story villas, landscaped
gardens, a tennis court, in addition to a clubhouse which
houses a gym and an outdoor swimming pool.
Aswar Residences is divided into 4 clusters, with an
average of 18 villas per cluster. The arrangement and
strategic placement of each villa provides privacy for
each home while allowing easy access to the main roads
and ease of circulation.
For sales opportunities or for more information about
Aswar Residences, please visit:
www.aswarresidences.com. 19Aswar Residences
is a private 75 villa
community in
Egypt’s upcoming city,
New Cairo
21Exterior & Interior Perspectives of Aswar Residences
23Completed Projects
At URC we believe our
developments should be
driven by design.
Our buildings enhance cities
and transform skylines.
25KIPCO TOWER
Sharq, Kuwait
KEY FACTS
PLOT AREA 4,852 sqm
BUILT UP AREA 96,185 sqm
TOTAL LEASABLE AREA 55,113 sqm
PARKING 1,000 bays
COMPONENTS Retail
Offices
Apartments
Health Club & Spa
COMPLETION DATE Q3 2012
KIPCO Tower is located in the financial district of Sharq,
neighboring Al-Shaheed Tower and City Tower, and has
come to be known as one of the most innovative and
industrially distinguished structures in Kuwait. The
tower is a mixed-use project comprised of office space,
residential apartments and retail space. The tower is
equipped with facilities exclusive to the structure and
round the clock security measures. The offices have
flexible mechanisms to customize the layout thereby
improving space and facilities utilization. With land
space of over 4,850 sqm, the tower offers a 360 degree
panoramic view of the city and alternatively the Arabian
Gulf.
The tower’s apartments are fitted with unique
technology allowing tenants to control lighting, HVAC,
blinds, and other systems using wireless touch screens,
voice control, and smart phones.
27The first mixed-use
tower in Kuwait
offering retail, office
and residential space
29Exterior & Interior Images of KIPCO Tower
31SALALAH GARDENS
MALL
Salalah, Sultanate of Oman
KEY FACTS
PLOT AREA 65,367 sqm
BUILT UP AREA 86,074 sqm
TOTAL LEASABLE AREA 28,810 sqm
PARKING 1,290 bays
COMPONENTS Retail
F&B
Entertainment
Souq
COMPLETION DATE Q2 2013
Salalah Gardens Mall (SGM) is the first fully integrated
shopping mall in the city of Salalah. The mall covers a
total built-up area of 86,074 sqm (excluding parking)
and features a wide variety of shopping, dining and
entertainment options, as well as a traditional souq and
the city’s first three-screen multiplex cinema.
Salalah Gardens Mall embraces traditional Omani
architectural styles, and merges it with modern interiors.
The mall is designed to overlook a large external
landscaped garden, providing beautiful outdoor space for
seating, activities, and events throughout the year.
Salalah Gardens Mall was awarded “Best Retail Project
- Middle East” in the Mid-cap category from the 2013
World Finance Construction Awards and was recently
awarded “Best Retail Development” for Oman during the
2013-2014 Arabian & African Property Awards.
For leasing opportunities or for more information about
Salalah Gardens Mall, please visit: www.salalahmall.com
33Introducing new
retail, dining, and
entertainment
options in the city of
Salalah
35Exterior & Interior Images of Salalah Gardens Mall
37SALALAH GARDENS
RESIDENCES
Salalah, Sultanate of Oman
KEY FACTS
KEYS 168
AMENITIES Swimming Pool
Gym
Kids Play Area
Ladies Lounge
Business Center
Restaurant
Cafe
COMPLETION DATE Q1 2013
Salalah Gardens Residences (SGR) is the hospitality
component of Salalah Gardens Mall, operated by Safir
International Hotel Management Company, a subsidiary
of Kuwait Hotels Company. SGR comprises of 168
keys ranging from one, two and three bedrooms with
connecting doors to accommodate for large families.
With facilities that range from a kids’ play area to a ladies
lounge, an outdoor swimming pool, meeting rooms
and a business center, Salalah Gardens Residences is
designed to accommodate families during vacation or
individuals traveling on business trips. The development
is located in the heart of Salalah city and a 10-minute
drive from the airport, making it an ideal choice for
travelers seeking convenience and leisure.
For bookings at Salalah Gardens Residences or for more
information, please visit: www.safirhotels.com.
39Salalah Gardens
Residences offers
a range of facilities
for travelers seeking
convenience or leisure
41Interior Images of
Salalah Gardens
Residences
43SALEH SHEHAB
RESORT
Julai’a, Kuwait
KEY FACTS
PLOT AREA 46,244 sqm
BUILT UP AREA 18,385 sqm
TOTAL SELLABLE AREA 22,471 sqm
COMPONENTS Chalets
Swimming Pools
Retail
COMPLETION DATE Q1 2012
Built on a plot over 46,000 sqm, Saleh Shehab is a 105
chalet resort located in the south of Kuwait, Julai’a. Just
a 30 minutes drive outside the city, the resort lies on
a coastline of clear waters and white sand while still
maintaining privacy. Saleh Shehab limits access to
chalet owners and their guests, where it also features
resort amenities such as three large swimming pools in
addition to private pools for certain chalets. The chalets
have an average built up area of 227 sqm per chalet and
three different layouts.
The retail strip at Saleh Shehab is the only resort in
Kuwait with a retail component, hosting Burger King,
Pizza Hut, Scoop a Cone, Chocolate and Macaroon,
Caribou Coffee, Coffee Republic, and Sultan Center
Express. 45Saleh Shehab is the
newly renovated
resort set in Kuwait’s
most prime private
beach front areas
47Exterior & Interior Images of Saleh Shehab Resort
49THE MARINA
Salmiya, Kuwait
KEY FACTS
PLOT AREA 225,945 sqm
TOTAL LEASABLE AREA 35,379 sqm
PARKING 8,615 bays
YACHT CLUB 144 Berths
COMPONENTS Retail Components
F&B
Hotel
Multi-purpose Hall
Outdoor pathways
COMPLETION DATE 2003
Set along Kuwait’s coastline, The Marina is a
landmark mixed-use development located in one of
Kuwait’s main shopping districts. This development
is anchored by Marina Mall, a contemporary shopping
mall with more than 150 shops. The Mall is connected
by a glass-enclosed bridge to Marina Crescent, a
seafront component lined with international cafes
and restaurants. The development extends along
the sea front to include a walking pathway and three
additional retail developments known as Marina Waves,
Marina Waterfront and Marina Walk, which provide its
customers with prime views of the Gulf.
The Marina houses the Marina Yacht Club, an exclusive
serviced club with space for 144 berths. Overlooking the
Yacht Club is Marina Hotel, a prestigious 5-star hotel
situated directly on the beach with ready access to
the Marina Mall and Marina Crescent. The Marina also
includes the Salwa Sabah Al Ahmed Ball Room as a
multi-functional ballroom.
51The Marina
development is set
along Kuwait’s most
prime coastline, in the
heart of the country’s
shopping district
53Exterior & Interior Images of
The Marina
55Future Projects
At URC we believe our
developments should
minimise their impact on the
environment.
It’s our business, it’s our
mantra.
57ASSOUFID
Marrakech, Morocco
KEY FACTS
PLOT AREAS
TOTAL AREA 2,200,000 sqm
GOLF CLUB 740,000 sqm
HOTEL 125,000 sqm
RESIDENTIAL VILLAS &
LANDSCAPE 1,355,000 sqm
COMPONENTS Golf Course
Golf Clubhouse
Hotel
Residential Villas
STATUS
GOLF CLUB Operational
MASTERPLAN Design & Development
Assoufid is a gated mixed-use development in the
Moroccan city of Marrakech, that spreads over 222
hectares of naturally elevated land. The development
is situated 12KM southwest of Marrakech and 8KM
west of Marrakech Airport. Assoufid’s main feature
is Assoufid Golf Club, a high-end, 18-hole golf course
that provides players with a challenging and rewarding
golfing experience while treating them to incredible
views of the snow-capped Atlas Mountains. Additional
components of the development include a hospitality
component, residential villas, and landscaped areas
spread on a plot size of just over 1,460,000 sqm.
The Assoufid Golf Club officially opened for play on
October 1, 2014.
For tee time bookings or for more information about the
Assoufid Golf Club, please visit: www.assoufid.com. 59Africa's
Best New Golf Course
61Location Map and Images of Assoufid Golf Club
63DISCLAIMER The information contained in this document has been presented with all due care and diligence and every effort has been made to ensure its accurateness, however, URC does not warrant or represent that the information is free from error or omission. Furthermore, while the information is considered to be true and correct at the time of writing, any change in circumstances after the time of writing may impact on the accuracy of the information. The information may change without notice and URC is not and may not in any way be liable for the accuracy of any information printed and stored or in any way interpreted and used by a user. In no event shall URC be liable for any damages whatsoever resulting from the use of this document or the information contained herein
For any sales or leasing inquiries on our current or future projects, please contact our Sales &
Leasing Department at:
D +965 2995 3600
M1 +965 9969 6360
M2 +965 6505 9898
info@urc.com.kw
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