Commercial Venture Real Estate Company (Al - Tijara Venture)
During 2006, VCBank, as part of its strategy to provide value added services, participated alongside a number of prominent Kuwaiti institutions led by Al-Tijara Real Estate Company, in the establishment of Al-Tijara Venture Real Estate Company .
The objectives of Al-Tijara are to opportunistically participate in attractive real estate projects and benefit from the real estate boom that the region is currently experiencing. Al-Tijara will also provide a number of value added services to the real estate development sector.
Since its establishment, Al-Tijara has successfully employed the competent resources required to achieve its objectives. The Company also studied a number of real estate projects and participated in Rainbow Towers Development, an affordable housing development in the Emirate of Umm Al-Qaiwain in the UAE. In addition to being a shareholder, Al-Tijara provides technical advisory services to the Rainbow Towers Development.
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