Real Estate

The Real Estate division is the cornerstone and foundation of the operations of the Group. Since its inception in 2004, Action Real Estate Co (AREC) has developed over 300,000 sq. m. of commercial, residential and industrial properties. The Group continues to actively develop properties in the MENA region, Europe and Australia.

In addition to investing and developing into properties, the company also provides real estate advisory and consultancy services, project management, leasing and operations. AREC also oversees the execution of projects, design and construction.

In December 2010, AREC was awarded the ‘Best Retail Development in Kuwait’ by Arabian Commercial Property Award in association with Bloomberg. In addition, Action Real Estate Company was awarded the Retail developer of the year 2014 by the European MENA Awards.

Through its subsidiary in Australia (Action Group Australia – AGA), AREC is active in various real estate development projects.

In addition, the Group is active in the Serviced Business Offices Centers Market with a collaboration with the Multinational Corporation Regus through its subsidiary : Action Business Centers (ABC).

ABC owns and operates the following centers :

Regus Shayma, Kuwait City
Regus Hamra, Kuwait City
Regus Omniya, Kuwait City
Regus Muscat Seeb, Muscat, Oman

Alya Center – Jahra (Kuwait)

Waha Mall – Al Dhajej (Kuwait)

Al Naseem Complex

Star Mall 12, Al Rai (Kuwait)

Star Mall 13, Al Rai (Kuwait)

Maha Center, Jahra (Kuwait)

Shyma Tower

Waves Business Center

Distillers House – Edinburgh, Scotland

DORCY Office Building - Germany

AL MAS Residence – Surra (Kuwait) – Developed by Action Real Estate Company (AREC)

Al MAS Residence is an exclusive luxury residential development under construction with forecasted completion in 2021. The development is a unique residential concept, niched in a select community, poised to become one of the most desirable places to live in Kuwait. The total built-up area is 70,000 sq. m., making it the largest private real estate development in the state of Kuwait with a development budget of 60 million KD ($ 198 million US).

Comprising 163 luxurious units, the 2-6 bedroom villas and apartments range in size between 490 - 870 sq. m.

All units will benefit from a landscaped garden, private parking bays, and an exclusive club for residents.

Waterfront Development – Port Melbourne, Australia – Developed by Action Group Australia (AGA)

The seaside property located on the waterfront of Port Melbourne comprises a unique shape allotment of approximately 5,500 sq. m situated on the northern side of Waterfront Place and the corner of Beach Street, in an established residential and mixed-use area of Beacon Cove, Port Melbourne, approximately 4.5 kilometres south west of the Melbourne Central Business District. It is situated within close proximity to a range of services and facilities, such as the retail strip of Bay Street and recreational facilities with the beach and reserve.