UREK
258 KWD
+0.39%
Today
+0.39%
1D
Market is closed
Sun
9:10 AM ~ 12:40 PM
Mon
9:10 AM ~ 12:40 PM
Tue
9:10 AM ~ 12:40 PM
Wed
9:10 AM ~ 12:40 PM
Thu
9:10 AM ~ 12:40 PM
Fri
Closed
Sat
Closed
Information
Name
United Real Estate Co KSCP
Currency
KWD
Standard Leverage
1X
Market Cap
352.73M
Avg Daily Volume
266.11K
52 Week High
312 KWD
52 Week Low
144.761 KWD
Trading Hours
See hours
Business Summary
United Real Estate Company K.S.C.P., together with its subsidiaries, engages in real estate operation and development in Kuwait, Egypt, Lebanon, the United Arab Emirates, Syria, Oman, Bahrain, Jordan, Europe, and the Kingdom of Saudi Arabia. It operates through Rental Operations, Hospitality Operations, Real Estate Development and Property Trading, and Contracting and Services segments. The company engages in the development, lease, purchase, and resale of real estate properties; ownership, sale, and acquisition of real estate properties and lands; and management of third-party properties. Its property portfolio includes hotels, clubs, motels, entertainment houses, rest places, gardens, parks, exhibitions, restaurants, cafes, residential compounds, touristic and health spas, entertainment and sports facilities, and stores. The company also provides hospitality services through its owned hotels comprising Marina Hotel, Hilton Hotel, Bhamdoun Hotel, Waldorf Astoria, and Salalah Residence. In addition, it offers agriculture, general trading, touristic development, contracting, beauty, and medical care services; facilities management services, such as maintenance, cleaning, and security services; real estate advisory services; and maintenance works of buildings and real estate properties, such as civil, mechanical and electrical works, elevators and air conditioning works, and other related maintenance works. Further, the company engages in the organization of real estate exhibitions; holding of real estate bids; ownership, sale, and acquisition of stocks and bonds of real estate companies; ownership of commercial markets and residential compounds; food manufacturing; and investment in agriculture. The company was founded in 1973 and is headquartered in Kuwait City, Kuwait. United Real Estate Company K.S.C.P. operates as a subsidiary of Kuwait Projects Company Holding K.S.C.P.
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Frequently Asked Questions
What is trading in real estate?
Trading in real estate means buying and selling properties, such as houses, commercial buildings, or land, often aiming to make a profit from price changes or improvements made to the property.
Is real estate trading profitable?
Yes, real estate trading can be profitable by buying properties at lower prices and selling them at a higher value, especially in growing markets or after renovations. However, profitability depends on market conditions, timing, and costs like taxes and maintenance.
Can you trade stock for real estate?
You cannot directly trade stocks for real estate in a simple swap, but you can sell stocks to raise cash and then use that money to buy real estate. Some investors also use real estate investment trusts (REITs), which are stocks that represent ownership in real estate portfolios.
What is property trading?
Property trading is the buying and selling of real estate such as land, houses, or commercial buildings usually with the goal of making a profit by selling at a higher price or after improving the property.
