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Awali set for Kuwait real estate show
Published in The Saudi Gazette on 12 - 10 - 2008

Awali Real Estate Investments, is preparing for its participation in the Real Estate & Investment Exhibition, which will take place at the Kuwait International Fair Centre on Oct. 13-17.
The Real Estate & Investment Exhibition is the first exhibition of its kind in Kuwait, offering an array of services to a large segment of individuals and corporations in the State of Kuwait, the GCC and various other Arab and international countries who specialise in the real estate field.
In a statement on the firm's participation in this event, Mohammed Hussein Abdullah Al Nemer, board member and chief marketing officer, said “the Kuwaiti real estate market is really coming alive at the moment, and we at Awali are keen to explore the possibilities here. We are confident that there is great benefit to be drawn from a strategic entry into this market, both for our company and for the local market. We continuously look for co-investment opportunities with Kuwaiti firms in the Kuwaiti, Saudi and UAE markets.”
Awali's plans for this exhibition include the launch and promotion in the Kuwaiti market of the recently unveiled Awali City project and the two twin tower projects that Awali is set to develop there in the near future.
Mashrabia Residence is a freehold twin tower project designated for residential use, each tower comprising 25 storeys, with 12 one bedroom apartments and 4 two bedroom apartments on each level, amounting to a total of 800 apartments between the two towers.
Scheduled for completion by the end of 2011, the project boasts state-of-the-art facilities that include 7 parking levels and a total of 417 individual parking spaces.
Each tower offers spacious retail spaces, as well as entertainment and leisure facilities such as a health club and gym on the roof of each tower, and a swimming pool, a Jacuzzi, and a steam room, among others.
The other twin tower project, “Chevron Commercial Towers”, is a pair of spectacular commercial towers featuring all of the facilities essential to modern business.
It is a freehold development comprising two 25 storey towers and 7 parking levels that accommodate 411 cars in all. Each tower includes 304 offices, amounting to a total area of 375.000 square feet.
Each tower offers large retail spaces, entertainment and leisure facilities such as a health club and gym on the roof, a swimming pool, a Jacuzzi, and a steam room.
he Chevron Towers are founded on the principles of quality, dynamism and high returns on investment, offering the latest in sophistication and modern convenience. __


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