Friday 19 April 2024
 
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Kuwait Real Estate

Kuwait's real estate sales hit $2.5bn in Q1

Kuwait's real estate sector witnessed a pick-up in real estate activity in the first quarter, driven in particular by strong sales in March, said a report. Sales reached KD767 million ($2.53 billion) in the first quarter, of w

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Kuwait real estate sales edge up in June

Sales across Kuwait’s three main real estate sectors totalled KD270 million ($890 million), up 5.4 per cent from May, while the number of transactions was up 2.9 per cent, a report said. June’s performance improved des

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Kuwait property sales drop 28pc in May

Sales across Kuwait’s three main real estate sectors totalled KD256 million ($845 million) in May, down 28 per cent from a year earlier, a report said. This shows softening of the real estate market for a second month in a r

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Kuwait real estate sales up 13pc in Nov

The real estate sales in Kuwait registered a 13 per cent year-on-year growth in November to hit KD312 million ($1.1 billion) supported by another strong performance from the investment sector, said a report. This is the fifth cons

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Kuwaiti real estate sales soar to $886m

Kuwaiti has registered a 15 per cent year-on-year growth in its real estate sales which soared to KD251 million ($886 million) during October compared to last year on the back of a strong commercial sector, said a report. Sector-wise, t

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IFA, KREC, John Buck to develop Yotel brand

IFA Hotels & Resorts (IFA) and Kuwait Real Estate Company (KREC) have partnered with The John Buck Company to develop more than $650 million worth of Yotel hotels in North America over the next three to five years. The partnership will

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Kuwait real estate sales up 11pc

Kuwaiti real estate sales recovered in September registering a 11.2 per cent year-on-year growth to hit KD199.5 million ($722 million) after slowing down in August mainly due to Ramadan, said a report. The Kuwaiti residential sector accoun

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Damac to showcase at Kuwait expo

Damac Properties, a leading Dubai-based real estate company, will showcase its award-winning regional development portfolio at an upcoming real estate exhibition in Kuwait. The Kuwait Real Estate & Investment Exhibition will run f

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