URC fundamentals

United Real Estate Co. engages in the provision of real estate development activities. It operates through the following segments: Rental Operations, Hospitality Operations, Property Trading, Contracting and Services, and Real Estate Development. The Rental Operations segment focuses on leasing of properties. The Hospitality Operations segment consists of hospitality services provided through Marina Hotel, Hilton Hotel, Bhamdoun Hotel, and Salalah Residence. The Property Trading segment includes the purchase and resale of properties. The Contracting and Services segment manages third party properties. The Real Estate Development segment develops real estate properties. The company was founded in 1973 and is headquartered in Kuwait City.