National Investments Company Wins Most Innovative Real Estate Company in Kuwait Award for the Year 2022
by International Finance Magazine
Mohammad Al Rashed:
- Winning this prestigious award reflects the company’s efforts in presenting extraordinary real estate products which exceed customers’ expectations
- Our Real Estate Sector managed to provide pioneering and innovative solutions that have set unparalleled standards within the sector
- NIC’s projects are mainly located in six countries including Kuwait, UK, Bahrain, UAE, KSA and Lebanon
National Investments Company has announced a new achievement to be added to its track records, by winning the Most Innovative Real Estate Company in Kuwait award for the Year 2022 by International Finance Magazine, this comes as a recognition for the company’s achievements and best practices within real estate sector and real estate development.
While assessing financial institutions, International Finance Magazine relies on the views of specialized analysts and financial experts from all over the world, while applying accurate professional standards and benchmarks to measure the performance of these institutions. Criteria include business development, products and transaction volume, the ability to meet the needs of a diversified customer base in all sectors, investment services and consultancy provided, efforts to counter the market, innovation, and outstanding performance locally and globally.
Commenting on receiving the renowned award, Eng. Mohammad Al Rashed, Executive Vice President of Real Estate Investment Sector in the National Investments Company said: “Today’s recognition reflects the company’s efforts in presenting extraordinary real estate products which exceed customers’ expectations, our keenness to follow the highest international standards when handling projects, honoring the great efforts by our real estate investment sector, and our commitment to excelling in the field of real estate”.
Al Rashed has also clarified that winning such an award confirms NIC’s leading position in the real estate sector in Kuwait, the company has won this prestigious award despite the competition witnessed within the sector. We look forward to further developing unique real estate projects that goes along with our objectives and the path we have chosen to take. This major achievement also reflects our commitment to build a developed entity with a solid leadership position.
Al Rashed also said that The National Investments Company has succeeded in establishing unprecedented standards within the real estate investment sector, providing proactive and innovative solutions, based on a long-term vision, as the company continued to return growth indicators, overcoming market changes and emerging challenges. Since established, The National Investments Company has played a key role as a real estate investor in both local and international markets, due to its extensive experience in various areas including touristic resorts, commercial, investment and industrial real estate projects, in addition to managing third parties’ properties such as government agencies, companies, real estate portfolios and individuals in Kuwait, GCC and the Middle East.
Al Rashed also mentioned that NIC offers wide range of services within the real estate investment sector, this includes managing facilities: mainly collecting rent, marketing the property and vacant units, handling periodical and emergency maintenance work, controlling security and hygiene measures, and overseeing legal procedures. The company also executes other real estate services such as conducting research and analytical studies concerning the real estate market, leading real estate evaluations, managing design and constructions, implementing analytical studies on the better usage of the property, holding, and organizing private auctions and managing funds and real estate portfolios.
“NIC’s projects are mainly located in six countries including Kuwait, UK, Bahrain, UAE, KSA and Lebanon, offering pioneering real estate ideas throughout the projects that have been recently launched in the different markets, which proves the company’s ambitions, credibility, and effective performance” added Al Rashed.
NIC’s real estate sector seeks to become the most integrated and highly credible in Kuwait, due to the extensive experience the company has in managing the different types of real estate projects, its ongoing efforts to improve projects feasibility, choosing quality over quantity, its competitive services prices, providing financial, research, and development tools which reflect its leadership position among other investment companies in Kuwait and the region.
