Grand Real Est (GRND)

Grand Real Estate Projects Co. K.S.C. (Closed) operates as a real estate company in the Middle East and North Africa region. It engages in the real estate development of open land to construct tourism and leisure facilities; marketing, management, and leasing of hotels, resorts, and health clubs; timeshare management and marketing, and running memberships systems; real estate studies, investment, brokerage, and fund management; property management; real estate auctioneering; and undertaking of Kuwait government projects and international alliances. The company also specializes in the organization, marketing, and sale of tourist trips and pilgrimages primarily for Hajj and other Islamic locations; and provision of business management, economic analysis, corporate finance, marketing research, project management, feasibility studies, property and facility management, project development, technical conceptual studies with information technology solutions, and specialized environmental studies. In addition, it offers consultancy services, including economic and real estate consultations, facilities management, and supervision services. Further, the company manages tourism-related Arabian real estate projects; and leisure-related real estate, such as shared ownership projects; and time share, condo-hotels, private residence clubs, and proportional ownership projects, as well as engages in the contracting and construction of community developments. The company was formerly known as Investors Dar Realty Co. K.S.C. (Closed) and changed its name to Grand Real Estate Projects Co. K.S.C. (Closed) in February 2005. Grand Real Estate Projects Co. K.S.C. (Closed) was founded in 1989 and is based in Safat, Kuwait. It has locations in the United Arab Emirates, Bahrain, Saudi Arabia, Sudan, and Jordan.