Message from the CEO

UPAC is one of the leading real estate and facility management companies in Kuwait. At UPAC, we aim to bring to other sectors the same professionalism and quality that we have consistently delivered to the build-operate-transfer (BOT) projects where we first made our mark in 2003.

Since assuming charge in 2012, UPAC has grown to become a recognized and trusted provider in the market. We have developed a sound reputation amongst our existing customer base and are continually optimizing our professional relationships by seeking to continue to use only the best resources for our projects - from professionals, subcontractors, suppliers and personnel.

UPAC manages over 24,000 square meters of commercial space between the Kuwait International Airport, Sheikh Saad Terminal and other prominent locations in the country. In 2015, UPAC signed a partnership agreement with the National Real Estate Company (NREC) for the development of Abu Dhabi based Reem Mall, a 2 Million square feet regional mall set out to become a major retail, leisure, and entertainment destination once completed.

UPAC’s strategy continues to focus on leveraging and growing its core expertise within the real estate and facilities management realm, growing its customer base and overall network to build a solid and reliable business. In addition to growing its existing platform, UPAC is keen to expand its presence in the commercial real estate realm, within Kuwait and the further GCC Region, with Reem Mall setting the stage for further growth and development.

Our revenue has consistently grown year over year and this solid financial performance reflects not only UPAC’s overall plans to streamline its existing operations within its various properties, but also supports its strategy for future growth within the real estate realm.

Our achievements to date have been made possible thanks to contributions by our people, our various partners, stakeholders, and shareholders.

I would like to take this opportunity to extend my sincere thanks to all our partners and look forward to further collaboration and success in the years to come.

Nadia Akil
CEO and Vice Chairperson