18/03/2018 07:07 AST

United Real Estate Company (URC), one of Kuwait's leading real estate development companies, has announced the launch of Hessah Towers in the upcoming exclusive Hessah Al Mubarak District.

Positioned in a prestigious location along the Arabian Gulf Road, United Real Estate Company will develop 40 per cent of the Hessah Al Mubarak District under Mena Homes, an affiliate of URC. The towers are the inaugural residential offering by URC in the District.

Hessah Towers are situated in the Hessah Al Mubarak District, an all-inclusive community that delivers a sophisticated quality lifestyle designed to interconnect living, leisure, retail, commercial, wellness, clinics, and offices. The District additionally includes public gardens, walkways and green open spaces for ease, convenience and walkability throughout the neighbourhood.

Hessah Towers cover a total built-up area of 63,000 sq m with a master approach to optimize each single unit's visual and living experience. Each tower consists of 40 floors comprised of three-bedroom apartments, duplexes and townhouses adjacent to the towers, for a total of 212 units that all enjoy panoramic sea and city views.

The new landmark will house diverse amenities and services ranging from state-of-the-art building security systems and dedicated security staff, a pool, private health club, gym, gardens, a kids' playroom, special residents-only areas for outdoor entertaining, private roof gardens, and a multi-story parking for residents and guests.

Hessah Towers project was conceptualized and designed by Dar SSH, a leading planning, infrastructure, and design firm in the Middle East whose projects include Sheikh Jaber Al Ahmad Cultural Centre and Sheikh Abdullah Al Salem Cultural Centre; and Nabil Gholam Architects, an internationally acclaimed firm.


Trade Arabia

URC holds its AGM for fiscal year 2016

19/04/2017

United Real Estate Company (URC), one of the leading real estate developers in the Middle East and North Africa (MENA), has announced the holding of its General Assembly Meeting for the fiscal year e

Arab Times

URC posts 8.3% rise in net profit for 2015 - Company holds its AGM

13/04/2016

United Real Estate Company (URC), Kuwait's leading development and property services company, today announced an 8.3% increase in net profit of KD 8 million for the 2015 year at its Annual General As

Arab Times

United Real Estate profit falls to $26m

23/02/2015

United Real Estate Company (URC), a leading real estate firm in Kuwait, said its net profit for 2014 fell to KD7.87 million ($26.5 million) from KD11.2 million ($40 million) the previous year.
<

Trade Arabia

Ticker Price Volume
NADEC 27.30 1,369,614
ARDCO 29.25 233,374
DU 6.55 441,215
A.OTHAIMMARKET 11.90 545,416
ZAINKSA 10.82 1,868,409
HERFYFOODS 26.10 412,306
MIS 183.20 17,353
URC Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
SOKOUK 49.00 -0.20 (-0.41%)
ALDAR 8.10 0.10 (1.25%)
EMAAR 8.73 0.05 (0.57%)
MASAKEN 32.00 -1.50 (-4.48%)
EMAARDEV 8.82 -0.05 (-0.57%)
EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula