NIC has been an active investor in both the local and international real estate markets since its establishment, focusing on both capital appreciation and income generating properties. We are involved in property trading, development, direct acquisition and capital enhancement, and have extensive experience in various sectors including:
We provide real estate management and advisory services for institutional clients, in addition to managing its own proprietary portfolio. NIC-managed properties are in Kuwait, the United Arab Emirates, Saudi Arabia, Lebanon, and Europe.
As at 30 SEP 2017, NIC manages a portfolio of over KWD 130 million, KWD 97 million of which is managed for institutional clients.
Development of Khaleejia Square, a business and leisure hub in situated in the heart of Sharq Business District, began in October 2016.
Other NIC projects/property holdings include: