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Kuwait Financial Centre KPSC said in a material information disclosure to Boursa Kuwait that a US-based subsidiary signed an agreement to sell an investment property. The company added that finalization of the sale remains subject to completion of certain conditions and procedures agreed between the parties. This step will result in reclassification of the property from investment properties to assets held for sale during the fourth quarter of 2025. The filing stated that the carrying amount involved stands at approximately $30.2 million, equivalent to KD 9.2 million. Kuwait Financial Centre KPSC noted that the impact of the sale on its financial statements will be disclosed upon completion of the transaction.
The company said in the disclosure, “We are pleased to announce that a US based subsidiary of Kuwait Financial Centre K.P.S.C has signed an agreement to sell an investment property.” Kuwait Financial Centre has maintained a presence in the US real estate market since 1977 through its subsidiary Mar-Gulf Management, according to the firm’s international real estate division overview. The division has executed over 95 projects worth around $3 billion in cumulative investments and currently manages more than $750 million of real estate assets, a Markaz report showed. Kuwait Financial Centre’s activities in the sector cover industrial, residential, retail and office segments across selected markets.
A Times Kuwait report detailed that Kuwait Financial Centre completed exits from US and European real estate investments valued at over $100 million during the first half of 2025. Those transactions included industrial developments and a mezzanine financing deal with partners such as Panattoni and Scannell Properties. The company has described these actions as part of its approach to value creation through structured real estate investments in development and credit segments. Kuwait Financial Centre continues to target high-potential sectors in the United States via its international real estate arm.
Markaz Real Estate Fund achieved a total return of 9.7 percent across 2025, according to the company’s year-end performance summary. The Sharia-compliant vehicle recorded net profits of KD 7.2 million, or 132.4 fils per unit, supported by rental income, asset revaluations and select sales. Assets under management for the fund reached approximately KD 81.1 million at year-end, the summary showed. Stable occupancy rates across its portfolio contributed to the results.
Kuwait Financial Centre KPSC established in 1974 operates as one of the leading asset management and investment banking institutions in the MENA region. The firm reported total assets under management of more than KD 1.61 billion as of September 2025. Its real estate investment activities form a core part of broader operations that also encompass wealth management, research and fund vehicles such as the Markaz Real Estate Fund. The latest property transaction forms part of ongoing portfolio management.
The bourse filing provided no further details on the property location, buyer or expected financial gain from the sale. Kuwait Financial Centre KPSC indicated that any material effect on its financial position would be communicated following transaction close. The disclosure falls under transparency regulations outlined in Module 10 of the Capital Markets Authority Executive Regulations. Company officials have previously pointed to improving credit conditions and interest rate expectations as factors supporting continued activity in international real estate markets.
