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United Real Estate CompanyCorporate Profile

2015

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United Real Estate Company (URC) is a leading real estate developer in the Middle East & North Africa (MENA) region, with total assets of over KD 491 million, (approximately USD 1.7 billion) in 2014. URC was founded in 1973 in Kuwait and is a publicly traded company listed on the Kuwait Stock Exchange since 1984.

URC’s core objective is to deliver world-class developments that create value to all our stakeholders: clients, shareholders, communities, and end users of our developments. The company’s operations are driven by a vision to deliver unique developments that contribute to the built environment though a culture which embraces a team-based approach, fosters communication and builds lasting stakeholder relationships.

URC’s portfolio across the MENA region includes commercial, retail, hospitality, residential, as well as mixed-use developments. In Kuwait, completed developments include KIPCO Tower, Saleh Shehab Resort, and The Marina.

Regionally, URC is developing Abdali Mall in Jordan, Aswar Residences in Egypt, as well as Raouche View at 1090 in Lebanon. Upcoming projects of the company include Assoufid in Morocco.

The year 2013 marked URC’s 40th anniversary and positioned the company as a leading developer that continues to deliver value-adding projects to the communities it operates in.

CULTURE COMMUNICATION DELIVERY

COLLABORATIVEINCLUSIVE

LEADERSHIPRESPECT

UNIFIEDDIRECTOPEN

INTELLIGENT

SUSTAINABLEDESIGN LEAD

HOLISTICPERSONAL

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At URC we believe our reach brings opportunity.

We create destinations that positively impact their surroundings.

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ABDALI MALLAmman, Jordan

Located within the Abdali master plan development, the new downtown of Amman, Abdali Mall is a design led iconic mall that boasts unique open air features. With a total built up area of over 227,000 sqm, Abdali Mall spreads over five floors above ground that comprises of over 57,000 sqm of net leasable space including a large number of retail shops, an entertainment center, eleven cinema screens, a food court, a casual dining plaza, a supermarket, in addition to five basement floors designed as a conveniently accessible parking that accommodates for 2,400 cars.

In 2013, Abdali Mall was awarded with Best Retail Project - Middle East in the Large Cap Category by the World Finance Construction Awards.

For leasing opportunities or for more information about Abdali Mall, please visit: www.abdalimall.com.

KEY FACTS

PLOT AREABUILT UP AREANET LEASABLE AREAPARKINGCOMPONENTS

EXPECTED COMPLETION

29,604 sqm227,327 sqm57,120 sqm2,400 baysRetailF&BEntertainmentQ3 2015

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The Abdali Mall development in the new downtown of Amman, Jordan features a unique open-air design

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Exterior & Interior Perspectives of Abdali Mall

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RAOUCHE VIEW AT 1090Beirut, Lebanon

Raouche View at 1090 (RV1090) is a high-end residential building located in Beirut and situated directly across from the Raouche rocks. Comprised of 22 floors, the development includes 40 apartments and two duplex penthouses available for sale. Typical apartments are made up of four bedrooms, with a separate driver’s room, storage room, service area and reserved parking for each home owner.

The building is equipped with a 760 sqm health club which includes a gymnasium, sauna, steam room and indoor swimming pool. RV1090 also has a 2,250 sqm private landscaped garden with additional amenities such as an outdoor swimming pool, a seating area, and a children’s pool.

For sales opportunities or for more information about RV1090, please visit: www.raoucheview.com.

KEY FACTS

PLOT AREABUILT UP AREATOTAL SELLABLE AREAPARKINGCOMPONENTS

EXPECTED COMPLETION

4,932 sqm43,350 sqm23,432 sqm255 baysApartmentsGym & Indoor PoolCommunity GardenOutdoor PoolQ4 2014

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RV1090 sets new standards for living spaces and provides views of Beirut’s most known landmark, the Raouche rocks

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Exterior & Interior Perspectives of Raouche View at 1090

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Aswar Residences is a residential community located on the eastern side of New Cairo, a thriving modern city currently being developed 40KM from Cairo, Egypt. The project consists of 75, three-story villas, landscaped gardens, a tennis court, in addition to a clubhouse which houses a gym and an outdoor swimming pool.

Aswar Residences is divided into 4 clusters, with an average of 18 villas per cluster. The arrangement and strategic placement of each villa provides privacy for each home while allowing easy access to the main roads and ease of circulation.

For sales opportunities or for more information about Aswar Residences, please visit: www.aswarresidences.com.

114,374 sqm46,419 sqm44,946 sqm199 BaysVillasOutdoor Swimming PoolClubhouse with GymCommunity GardenQ2 2015

KEY FACTSPLOT AREABUILT-UP AREATOTAL SELLABLE AREAPARKINGCOMPONENTS

EXPECTED COMPLETION

ASWAR RESIDENCESNew Cairo, Egypt

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Aswar Residences is a private 75 villa community in Egypt’s upcoming city, New Cairo

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Exterior & Interior Perspectives of Aswar Residences

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At URC we believe our developments should be driven by design.

Our buildings enhance cities and transform skylines.

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KIPCO Tower is located in the financial district of Sharq, neighboring Al-Shaheed Tower and City Tower, and has come to be known as one of the most innovative and industrially distinguished structures in Kuwait. The tower is a mixed-use project comprised of office space, residential apartments and retail space. The tower is equipped with facilities exclusive to the structure and round the clock security measures. The offices have flexible mechanisms to customize the layout thereby improving space and facilities utilization. With land space of over 4,850 sqm, the tower offers a 360 degree panoramic view of the city and alternatively the Arabian Gulf.

The tower’s apartments are fitted with unique technology allowing tenants to control lighting, HVAC, blinds, and other systems using wireless touch screens, voice control, and smart phones.

KEY FACTS

PLOT AREABUILT UP AREATOTAL LEASABLE AREAPARKINGCOMPONENTS

COMPLETION DATE

4,852 sqm96,185 sqm55,113 sqm1,000 baysRetailOfficesApartmentsHealth Club & SpaQ3 2012

KIPCO TOWERSharq, Kuwait

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The first mixed-use tower in Kuwait offering retail, office and residential space

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Exterior & Interior Images of KIPCO Tower

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Salalah Gardens Mall (SGM) is the first fully integrated shopping mall in the city of Salalah. The mall covers a total built-up area of 86,074 sqm (excluding parking) and features a wide variety of shopping, dining and entertainment options, as well as a traditional souq and the city’s first three-screen multiplex cinema.

Salalah Gardens Mall embraces traditional Omani architectural styles, and merges it with modern interiors. The mall is designed to overlook a large external landscaped garden, providing beautiful outdoor space for seating, activities, and events throughout the year.

Salalah Gardens Mall was awarded “Best Retail Project - Middle East” in the Mid-cap category from the 2013 World Finance Construction Awards and was recently awarded “Best Retail Development” for Oman during the 2013-2014 Arabian & African Property Awards.

For leasing opportunities or for more information about Salalah Gardens Mall, please visit: www.salalahmall.com

KEY FACTS

PLOT AREABUILT UP AREATOTAL LEASABLE AREAPARKINGCOMPONENTS

COMPLETION DATE

65,367 sqm86,074 sqm28,810 sqm1,290 baysRetailF&BEntertainmentSouqQ2 2013

SALALAH GARDENS MALLSalalah, Sultanate of Oman

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Introducing new retail, dining, and entertainment options in the city of Salalah

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Exterior & Interior Images of Salalah Gardens Mall

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Salalah Gardens Residences (SGR) is the hospitality component of Salalah Gardens Mall, operated by Safir International Hotel Management Company, a subsidiary of Kuwait Hotels Company. SGR comprises of 168 keys ranging from one, two and three bedrooms with connecting doors to accommodate for large families.

With facilities that range from a kids’ play area to a ladies lounge, an outdoor swimming pool, meeting rooms and a business center, Salalah Gardens Residences is designed to accommodate families during vacation or individuals traveling on business trips. The development is located in the heart of Salalah city and a 10-minute drive from the airport, making it an ideal choice for travelers seeking convenience and leisure.

For bookings at Salalah Gardens Residences or for more information, please visit: www.safirhotels.com.

KEY FACTS

KEYSAMENITIES

COMPLETION DATE

168Swimming PoolGymKids Play AreaLadies LoungeBusiness CenterRestaurantCafeQ1 2013

SALALAH GARDENS RESIDENCESSalalah, Sultanate of Oman

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Salalah Gardens Residences offers a range of facilities for travelers seeking convenience or leisure

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Interior Images of Salalah Gardens Residences

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Built on a plot over 46,000 sqm, Saleh Shehab is a 105 chalet resort located in the south of Kuwait, Julai’a. Just a 30 minutes drive outside the city, the resort lies on a coastline of clear waters and white sand while still maintaining privacy. Saleh Shehab limits access to chalet owners and their guests, where it also features resort amenities such as three large swimming pools in addition to private pools for certain chalets. The chalets have an average built up area of 227 sqm per chalet and three different layouts.

The retail strip at Saleh Shehab is the only resort in Kuwait with a retail component, hosting Burger King, Pizza Hut, Scoop a Cone, Chocolate and Macaroon, Caribou Coffee, Coffee Republic, and Sultan Center Express.

KEY FACTS

PLOT AREABUILT UP AREATOTAL SELLABLE AREACOMPONENTS

COMPLETION DATE

46,244 sqm18,385 sqm22,471 sqmChaletsSwimming PoolsRetail

Q1 2012

SALEH SHEHAB RESORTJulai’a, Kuwait

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Saleh Shehab is the newly renovated resort set in Kuwait’s most prime private beach front areas

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Exterior & Interior Images of Saleh Shehab Resort

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Set along Kuwait’s coastline, The Marina is a landmark mixed-use development located in one of Kuwait’s main shopping districts. This development is anchored by Marina Mall, a contemporary shopping mall with more than 150 shops. The Mall is connected by a glass-enclosed bridge to Marina Crescent, a seafront component lined with international cafes and restaurants. The development extends along the sea front to include a walking pathway and three additional retail developments known as Marina Waves, Marina Waterfront and Marina Walk, which provide its customers with prime views of the Gulf.

The Marina houses the Marina Yacht Club, an exclusive serviced club with space for 144 berths. Overlooking the Yacht Club is Marina Hotel, a prestigious 5-star hotel situated directly on the beach with ready access to the Marina Mall and Marina Crescent. The Marina also includes the Salwa Sabah Al Ahmed Ball Room as a multi-functional ballroom.

KEY FACTS

PLOT AREATOTAL LEASABLE AREAPARKINGYACHT CLUBCOMPONENTS

COMPLETION DATE

225,945 sqm35,379 sqm8,615 bays144 BerthsRetail Components F&BHotelMulti-purpose HallOutdoor pathways 2003

THE MARINASalmiya, Kuwait

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The Marina development is set along Kuwait’s most prime coastline, in the heart of the country’s shopping district

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Exterior & Interior Images of The Marina

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At URC we believe our developments should minimise their impact on the environment.

It’s our business, it’s our mantra.

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Assoufid is a gated mixed-use development in the Moroccan city of Marrakech, that spreads over 222 hectares of naturally elevated land. The development is situated 12KM southwest of Marrakech and 8KM west of Marrakech Airport. Assoufid’s main feature is Assoufid Golf Club, a high-end, 18-hole golf course that provides players with a challenging and rewarding golfing experience while treating them to incredible views of the snow-capped Atlas Mountains. Additional components of the development include a hospitality component, residential villas, and landscaped areas spread on a plot size of just over 1,460,000 sqm.

The Assoufid Golf Club officially opened for play on October 1, 2014.

For tee time bookings or for more information about the Assoufid Golf Club, please visit: www.assoufid.com.

KEY FACTSPLOT AREAS TOTAL AREA GOLF CLUB HOTEL RESIDENTIAL VILLAS & LANDSCAPECOMPONENTS

STATUS GOLF CLUB MASTERPLAN

2,200,000 sqm740,000 sqm125,000 sqm

1,355,000 sqmGolf CourseGolf ClubhouseHotelResidential Villas

OperationalDesign & Development

ASSOUFIDMarrakech, Morocco

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Africa'sBest New Golf Course

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Location Map and Images of Assoufid Golf Club

DISCLAIMER

The information contained in this document has been presented with all due care and diligence and every effort has been made to ensure its accurateness, however, URC does not warrant or represent that the information is free from error or omission.

Furthermore, while the information is considered to be true and correct at the time of writing, any change in circumstances after the time of writing may impact on the accuracy of the information. The information may change without notice and URC is not and may not in any way be liable for the accuracy of any information printed and stored or in any way interpreted and used by a user. In no event shall URC be liable for any damages whatsoever resulting from the use of this document or the information contained herein

For any sales or leasing inquiries on our current or future projects, please contact our Sales & Leasing Department at:

D +965 2995 3600M1 +965 9969 6360M2 +965 6505 9898info@urc.com.kwwww.urc.com