The Kuwait-based investor Markaz had a strong year in Kuwait real estate, marked by impressive fund performance, strategic development projects, technological advancements and a achievements in sustainability.

Mashreq Bank has continued to finance some of Bahrain’s most prominent real estate projects.

United Real Estate Company (URC) stands as a prominent player in Kuwait and the MENA region’s real estate landscape, boasting consolidated assets of approximately KD651 million ($2.12 billion).

Over the review period, Banque Misr expanded its already strong footprint in the Egyptian real estate market, thanks to its focus on digitalization and inclusivity.

Savills Egypt has experienced exponential growth since its inception in 2019 and has consistently ranked as the fastest-growing office within the firm’s Middle East operations.

Prominent Qatari investor Lesha Bank has demonstrated impressive financial performance, driven by steady growth within its real estate investment business.

Almal Real Estate Development has recently enhanced its luxury brand with several high-profile projects.

Riyad Bank has made a distinctive mark on Saudi Arabia’s real estate sector through a mix of strategic financing initiatives, collaborative projects and active participation in national programmes.

Dubai-based flexible office space developer iSpace has expanded its portfolio with the launch of two significant projects within just six months. The combination of cutting-edge technology and high-quality office environments present in these developments have contributed to a 100% occupancy over the review period.

United Real Estate Company has expanded its Egypt hospitality portfolio with the launch of its Waldorf Astoria Cairo Heliopolis Hotel. Given its strategic location, and range of facilities, the hotel is positioned to play a significant role in Egypt's hospitality sector.

GFH Partners, a UAE-based subsidiary of GFH Financial Group, has achieved considerable progress since its inception in 2020.

National Bank of Kuwait (NBK) has solidified its position in the Kuwait real estate finance space following a successful year marked by strategic growth and innovation. Its commercial real estate portfolio has experienced a year-on-year growth of 12%, reflecting a strategic focus on core plus assets.

In a proactive year of transactional activity, EFG Hermes was involved in some of the most prominent real estate advisory mandates in Egypt.

Launched in Q4 2023, Beltone Mortgage has swiftly established itself as a major player in Egypt’s real estate financing sector. Catering to a broad client base, Beltone Mortgage operates across the major urban centres in the country, alongside locations in the North Coast, Red Sea, and Upper Egypt.

Knight Frank has come a long way since opening its first office in the Middle East in 2009. The company has expanded its physical presence in the region to include offices in the UAE, Saudi Arabia, Bahrain, Qatar, and most recently Egypt.

Savills has initiated a significant expansion of its residential team in the Middle East as a response to consistent growth in real estate activity in the region.

United Real Estate Company (URC) has demonstrated tangible improvements in profitability, thanks to strong performance in its existing portfolio.

Soudah Development Company is a Saudi real estate business established by the Kingdom’s Public Investment Fund in 2021, to transform Soudah and parts of Rijal Almaa in the Asir region of Saudi Arabia into a luxury mountain destination.

Since its inception, Kuwait Financial Centre (Markaz) has embraced a strategy of acquiring, developing and managing institutional-quality properties in prime locations.

Emirates NBD is one of the leading financial services brands in the United Arab Emirates.

Headquartered in Kuwait, United Real Estate Company operates through a number of operating subsidiaries and investment arms across the Middle East and North Africa region.