Assets Management Overview
Asset Management plays a pivotal role within the company, specializing in the professional oversight and optimal performance of various investment portfolios and funds, including contractual collective investment funds, as well as open- and closed-end funds.
The Asset Management department supervises several types of portfolios, including client-managed portfolios, company-managed portfolios, and custody portfolios. These are managed with the highest levels of precision and professionalism, aiming to maximize returns and minimize risks, while adhering fully to the principles of integrity and transparency.
Well-researched real estate investments form a core component of the asset management strategy. By seizing promising real estate opportunities, the department strives to achieve the highest possible investment returns, directly benefiting shareholders by enhancing the value of their assets.
Asset Management operates under a clear vision: to deliver strong investment results while safeguarding assets and promoting their sustainable growth. The team continuously monitors the markets, identifies profitable investment opportunities, and proactively updates strategies to ensure sustained competitive performance. Ultimately, thanks to this integrated approach, the company ensures not only the preservation of its assets but also their growth, making it a trusted partner in achieving clients' financial goals.
Investment Overview
A’ayan Leasing Holding Company
• Maintaining a leadership role in the operational leasing business for more than 20 years, catering to both retail and corporate customers
• It is an Islamic Sharia compliant company that is fully owned subsidiary of Aayan Leasing and Investment Company (ALICO)
• ALH Group currently operates with a fleet of ~9,000 cars with a dedicated team of around 360 employees serving ~2,900 operating lease clients
• It has two garages (in Shuwaikh and Al Ahmadi areas) and has several showrooms across Kuwait East Gate Real Estate Company
• It is the real estate arm for ALICO.
• It consists of properties located in the State of Kuwait
Jahra Mall – JV
• The company specializes in real estate development, construction, maintenance and management services. The company owns and operates Jahra Mall in Kuwait.
• The company is a subsidiary of A'ayan Leasing and Investment Company (ALICO). Jahra Mall is a private company.
Tawazun Holding Company
•A closed shareholding company with investments including A’ayan Real Estate, Mubarrad Holding Co., Mashaer Holding Co. and Rawahel Holding Co.
Mubarrad Holding Company
• Mubarrad Holding Company is a Kuwaiti joint stock company founded in 1996 and listed on the Kuwait Stock Exchange in 2007.
• The company has a portfolio of income-generating properties in Kuwait and Egypt, and an investment in a logistics company in Oman.
Yaal Mall – JV
• Strategically located on Al Dabbous Street in Fahaheel, Yaal Mall & Tower is a mixed-use development constructed over a 7,183 m 2 plot of prime real estate.
• It has 24 floors, with four levels of dedicated retail, a restaurant floor, and 13 stories of premium office space in addition to six levels of parking.
• The Shopping Mall GLA consists of 15,002 m 2 of premium retail space
Aayan Real Estate Company
• Aayan Real Estate Company is a Kuwaiti joint stock company founded in 1976 and listed on the Kuwait Stock Exchange in 2005.
• The company provides real estate development services, investment inside and outside Kuwait, property management and third-party projects.
• The company is also involved in third party properties management.
Anan Real Estate Company
• Primarily owned by A’ayan Real Estate Co., this is a closed shareholding company with a portfolio consisting of properties in Kuwait, Bahrain and Saudi Arabia.
Associates Oman Integral Logistics Company
• An associate of Mubarrad Holding Company, this company provides logistical, storage and land transportation services., with warehouses in Barka and Salalah, Oman.
Rawahel Holding Company
• An associate of Tawazun Holding Company, this holding company primarily operates in the transportation sector, specializing in Hajj and Umrah services.
Hajer Tower Real Estate Company
• An associate of A’ayan Real Estate Co., the company is a well-established real estate company based in Kuwait.
• Its core activity is the primary ownership of Hajar Tower in Mecca under a 25-year BOT (Build-Operate-Transfer) agreement.
• Hajar Tower is one of the seven towers within the Abraj Al Bait complex, a landmark mixed-use development located just steps from the Masjid Al Haram, which surrounds the Holy Kaaba.
• The tower consists of 31 floors, with 10 floors operating as a 5-star hotel managed by Mövenpick. The remaining 21 floors are subleased to investors as condominium units for the duration of the BOT period
Light Fields Catering Company
• An associate of ALICO, this company mainly provides food subscription programs that emphasize healthy lifestyle in Kuwait and Saudi Arabia.
Al Jaddaf Real Estate Company
• An associate of A’ayan Real Estate Co. the company’s main asset is an investment property in the United Arab Emirates acquired under a build-operate-transfer agreement.
Mashaer Holding Company
• Mashaer Holding Company is a Kuwaiti joint stock company founded in 2000 and listed on the Kuwait Stock Exchange in 2006.
The company has a portfolio of income-generating properties in Kuwait and abroad as well as investments in associates such as Hajar Tower Real Estate Co. and Rawahel Holding Co.
SHKS Holding Company (Limited)
• Incorporated in the Cayman Islands this company’s main asset is a building in Central London, the United Kingdom.
Leasing Overview
General Overview
Aayan Kuwait Auto Company was established with the primary objective of engaging in the sale, purchase, and leasing of vehicles. Leasing stands as the company’s core strategic activity. Aayan has successfully maintained its leadership in operational leasing, driven by its comprehensive approach that includes full-service packages covering insurance, maintenance, and the resale of returned lease vehicles. These vehicles are remarketed through Aayan’s own used car platforms, (Aayan Used Cars), as well as through additional retail outlets within Kuwait and internationally.
Aayan Auto offers a wide range of leasing services to both individuals and organizations through its operational leasing programs. Customers are provided with vehicles—be it sedans, SUVs, or trucks—that meet their specific needs and preferences. All leasing agreements are structured in compliance with Islamic Sharia principles and are executed in accordance with agreed-upon Sharia terms.
Our Mission
To deliver exceptional leasing services to our customers through the expertise and dedication of our professional team, while safeguarding shareholders’ interests and maximizing returns. We strive to foster strong, ethical relationships with our suppliers in alignment with the principles of Islamic Sharia.
Our Vision
To be a market leader in providing innovative and Sharia-compliant leasing services in all the markets in which we operate.
Real Estate Overview
About Bawabat Al Sharq Real Estate Company:
Bawabat Al Sharq Real Estate Company was established in the year 2000 and is a wholly owned subsidiary of Aayan Leasing and Investment Company. Through this entity, real estate department oversees the administration of properties owned by Aayan, handling leasing, rent collection, maintenance, and supervision of these properties.
About the Property Management Department:
The Real Estate Department has an important role in maintaining and developing owned properties and providing full oversight. We are committed to achieving the highest levels of efficiency and effectiveness in ongoing management and maintenance operations, aiming to enhance property value in the long term through our real estate expertise. The department strives to achieve the highest occupancy rates for company-owned properties through continuous marketing of units, while also ensuring regular rent collection.
The department also monitors the real estate market both within and outside Kuwait, seizing high-yield opportunities and benchmarking the portfolio's performance against general real estate market indicators. Additionally, the company has developed a distinguished real estate system that facilitates the tracking of leasing and rent collection operations via SMS and provides updates on legal cases related to the department. This system is integrated with most of the company’s departments and is adaptable for future development and enhancement in line with the evolving needs of the real estate market.
