Salhia Real Estate Company K.S.C.P. Overview
Pro stress-test →Salhia is a name synonymous with the creation, ownership and management of fine commercial real estate. Established in 1974, the company has grown to become a major player in Kuwait's retail and leisure, hotels and office markets. The company engages in real estate development and leasing in Kuwait, Gulf Cooperation Council, and Europe.
Strategic Profile
Pro stress-test →Kuwait City has been the core of the property investment and development activities, with this portfolio consistently being the mainstay of the Company's year-on-year growth in assets and profitability. In line with its international expansion strategy, Salhia continuously seeks and initiates new joint ventures and projects in the Middle East and Europe.
Competitive Landscape
Pro stress-test →Key regional competitors in Kuwait's real estate market include Kuwait Real Estate Company, Arkan Al-Kuwait Real Estate Company, and Mabanee Company. Salhia differentiates through flagship prime locations in Kuwait City, Marriott hotel partnerships, and an established track record spanning five decades.
Industry Context
Salhia Real Estate Company K.S.C.P. operates in Commercial Real Estate Development and Leasing.
Key facts
Founded: 1974 · Headquarters: Kuwait City, Kuwait · Market cap: $239.2M