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arrow-blak.gif Al-Ahlia Real Estate Projects Co.
 

Al-Ahlia Real Estate Projects Company was incorporated on March 2, 2004, to be positioned as the real estate arm of Al-Ahlia Investment Company. The current capital of the company is KD 55 million. It is a 100% owned subsidiary of Al-Ahlia Holding Co. The first project which was engineered under its umbrella is the Kheiran Pearl City project [www.lagoon-city.com]. At the end of 2005, Real Estate Project's total assets were up to KD 156.6 million and its total shareholders equity reached KD 86.3 million.

Al-Ahlia Real Estate Project has two wholly owned subsidiaries namely Al-Ahlia Real Estate Gate Co. and Bait Al Salam Real Estate Company with respective paid-up capitals of    KD 1 million each.

www.agholding.com

 
 
arrow-blak.gif United Resources Real Estate Co. KSC
 

United Resources Real Estate Co. KSC (URRC) was incorporated in July 28, 2005 as a shareholding company with a paid up capital of KD 15 million. Currently Al-Ahlia Holding Co. has a stake of 34.17% in URRC. The company specialises in creating customized solutions for its clients' retail real estate needs in terms of key market identification, competitive analysis, tenant mix synergy, deal validation, disposition services, environmental projects etc. Its goal is to partner with the clients to understand their business objectives and create innovative ways to optimize the value of their real estate assets.

URRC’s services range from site evaluation to occupancy and include Tenant Improvement, Capital Improvement and Built-to-Suit projects of all sizes for office, retail and industrial use. One of the major on-going projects of URRC includes development of Olympic Council of Asia (OCA) headquarters, which includes a 5-star hotel, an office tower and a commercial mall. The project is located in Salmiya facing the Arabian Gulf Street and has a total plot area of  18,820 Square Meter.

The total assets of the company at the end of 2005 were equal to KD 15.09 million and the total shareholders’ equity was of  KD 15.06 million.

www.urrc.cc

 

 

 
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bbullet.gif   Gulfinvest International Co. KSCC
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bbullet.gif   Ahlia Chemicals Co. WLL
bbullet.gif   Shuaiba Paper Products Co. KSC
bbullet.gif   Ahlia Contracting Group WLL
bbullet.gif   Arab Building & Industrial Resources Co. WLL
 
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