Marakez Real Estate Development Company (K.P.S.C) Overview
Pro stress-test →Marakez Real Estate Development Company operates in the real estate business in Kuwait and the Syrian Arab Republic, buying, owning, and selling real estate properties and lands while managing, leasing, and marketing third-party properties, and owning and managing resorts, hotels, health and sports clubs, private hospitals, and tourist premises. The company rebranded from Real Estate Trade Centers Company to Marakez Real Estate Development Company in February 2026.
Strategic Profile
Pro stress-test →Over the past year through February 2026, Marakez exceeded both the Kuwait real estate industry (which returned 25.9%) and the overall Kuwait market (which returned 8.4%). The company's P/E ratio of 8.5x is below the Kuwait market average of 15.1x.
Competitive Landscape
Pro stress-test →Marakez competes in the Kuwait and Syrian real estate markets alongside other regional developers. Kuwait-listed competitors in real estate development and property management include Kuwait Real Estate Company (KRE), though Marakez focuses on trade centers, resorts, hotels, and health/sports facilities alongside land and property transactions.
Industry Context
Marakez Real Estate Development Company (K.P.S.C) operates in Real estate development and property management.
Key facts
Founded: 1999 · Headquarters: Kuwait City, Kuwait · Employees: N/A · Revenue: 3.13 million KWD (2025) · Market cap: 26.09 million KWD