Investors & Analysts
Presentation
FY 2023 FINANCIAL RESULTS
March 20, 2024
DISCLAIMER
The information set out in this presentation and provided in this discussion subsequent thereto does not constitute an offer, an agreement, or a solicitation of an offer to buy or sell securities. It is solely for use as an investor presentation and is provided as information only. This presentation has been prepared by, and is the sole responsibility of, The Commercial Real Estate Company (Al Tijaria). The information herein may be amended and supplemented and may not as such to be relied upon for the purpose of entering any transaction.
This presentation may not be reproduced, distributed or transmitted without the Company's prior written consent. All projections, valuations and statistical analyses are provided to assist the recipient in the evaluation of the matters described herein. They may be based on subjective assessment and assumptions and may use one among alternative methodologies that produce different results and therefore should not be relied upon as an accurate prediction of future performance. Al Tijaria is under no obligation to update the information contained herein. No person shall have any right of accurate against the Company or any other person in relation to the accuracy or completeness of the information contained in this presentation. This presentation doesn't disclose all the risks and other significant issues related to our investments.
No person is authorized to give any information or to make any representation not contained in and not consistent with this presentation, and if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of the Company. There is no guarantee that such statements would be materialized or even occur and Al Tijaria has no liability whatsoever as a result of such forward-looking statements therefore, recipients should not rely on such forward-looking statements.
Please note that some statements in this presentation may be considered forward-looking. These statements are based on the company's current expectations and strategy, which are subject to various risks and uncertainties. Actual results may differ significantly, potentially impacting the outcomes and financial implications of the plans discussed. It's important not to rely solely on these forward-looking statements. The company is under no obligation to update its assessment of these risks and uncertainties or publicly announce any revisions to the forward-looking statements mentioned.
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TABLE OF CONTENTS
1
2
3
4
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SECTION 1
AL TIJARIA OVERVIEW
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AL TIJARIA OVERVIEW
Established in 1968 | More than 21 multi | One of the | Geographical | Listed in KSE 2004 & is | ||
activity properties | largest Real Estate | |||||
and restructured | Presence in 16 | fully Sharia Compliant | ||||
under | Company in Kuwait | |||||
in 2000. | Countries | |||||
management | ||||||
Iconic properties : | Excellence across | Optimum | Strong network of | |||
Al Tijaria Tower, | Residential, | occupancy levels | ||||
Co-Investors & Banks | ||||||
Symphony, | Commercial, Retail | are maintained in | ||||
Thatcher, Juman, | & Hospitality | all assets | ||||
Rehab & Boulevard | ||||||
Diversified cash flows | KWD 33.0 mn | Promoted to | ESG compliance | |||
from Residential, | ||||||
Operating profit in | ||||||
Retail, Commercial | Premiere market | & United Nations | ||||
FY-2023 | ||||||
Properties & other | in 2023 | Global Compact | ||||
investments
Rental | Hotel | Management | Investment Income |
& Associate | |||
Revenue | Revenue | Fees | |
Share Results | |||
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AL TIJARIA OVERVIEW
Geographic Presence
Kuwait
Bahrain, KSA, UAE, Oman,
Jordan, Morocco,
USA, Europe, UK , Turkey
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AL TIJARIA OVERVIEW
Strategic Business Unit
Edara offers property management services to residential and commercial building owners leveraging management vast expertise and industry knowledge in the sector
- Edara' is a business unit of Al Tijaria offering
world | class | property | management | |
services | catering to | residential | and | Experienced Property Managers |
commercial building owners. | ||||
• Edara | has experience to | manage | over |
1315 residential and commercial units owned by Al Tijaria and over 981 units for 3rd party assets.
Rent Collection Team
Financial Reports
Organized Archive System
Strong Policies & Procedures
IT Solutions
Legal Services
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SECTION 2
BUSINESS OVERVIEW
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The Commercial Real Estate Co. KPSC published this content on 20 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2024 11:59:06 UTC.