Subsidiaries

Sitco Real Estate Company

Shaping the real estate landscape

A subsidiary of Sitco General Trading & Contracting W.L.L., Sitco Real Estate Company was founded in January 2005 to create value by developing and repositioning realty. As one of the prominent real estate developers in Kuwait, Sitco Real Estate Company has unequalled expertise and vast experience in developing Commercial Centres, Residential projects, Office Buildings, Retail Shopping Malls, etc.

With a comprehensive understanding of the local real-estate market. Our team of architects and builders possess the necessary technical know-how and are provided with the required financial resources to create new benchmarks of excellence and deliver beyond client expectations. Commitment to safety, effective scheduling techniques that produce 100% on-time results, cost control and quality work has always been our hallmark, in addition to applying the latest technology in architectural design to meet our clients' unique requirements. This approach has enabled us to maintain a leadership position in the highly competitive construction sector in Kuwait and the region as a whole. Properties developed by us are leased to individuals as well as companies.

 

Al Rai Mall

Al Rai mall boasts over 10,000 sqm of built up area that is spread over three floors in the following proportion: ground floor-3,408 sqm, mezzanine floor-3,272 sqm and basement-3,930 sqm.

There are many plus points to this mall the first and foremost being its accessibility and the prime location. Al Rai Mall is conveniently located near the 4th Ring Road and close to various businesses. Its proximity to the Friday Market (Souk Jumma) and Lulu Centre contributes to the increase in footfalls attracting more than 1000 customers daily and even more on weekends.

The mall is home to several reputed brands such as KFC, Hardees, Krispy Kreme and Future Kids allowing shoppers to treat their taste buds to a variety of delicious food, deserts & beverages. What's more, the presence of Daily Home Consumables Super-market that sells fresh and quality groceries adds to the appeal of Al Rai Mall.
The mall is currently on a 5-year lease to one of the reputed company in Kuwait.


Al Fintas Fully Furnished Residential Buildings
Al Fintas fully-furnished residential buildings are the ultimate in comfort and luxury. Designed for business and in-transit travelers, Al Fintas fully-furnished residential buildings offer the convenience of living in a home of your own while you are away from your own home.

Located at plot #83 & 84, Block #1, Fintas, Kuwait, the property consists of 2 building blocks, each built on an area of 900 sqm (approx.). Each building comprises 46 apartments with 2 single bedrooms, 22 double bedrooms, 2 Penthouses and an enclosed basement area. 

Facilities include:
•    Smart Building Systems
•    Wireless Internet throughout the building
•    Furniture
•    2 Fire Extinguishers
•    First Aid Kit Box on each floor
•    Kitchen Appliances with utensils and cooking range

This project is a very good investment project.


Al Salmiya Residential Building (Hilton Hotel Staff Accommodation)

Designed to accommodate the staff of Hilton Hotel, the Salmiya Residential building is located in a prime location in Salmiya, Kuwait. Being constructed on an area of 1120 sqm, upon completion it will have a built-up area of 3640 sqm and house 70 residential apartments. The size of each apartment would be 70 sqm.

The plan of the building has been approved by the Ministry and Sitco has obtained the necessary licenses from the Kuwait Municipality to demolish and re-build a new structure. The project is expected to be completed and ready to use within 6 months.