; Tamdeen Real Estate Company: SWOT Analysis & Company Profile
Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out
Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

Tamdeen Real Estate Company: SWOT Analysis & Company Profile

VIEWS: 153 PAGES: 23

Business Review’s Tamdeen Real Estate Company contains a company overview, key facts, locations and subsidiaries, news and events as well as a SWOT analysis of the company. A few sections/chapters might not have sufficient information as the data might not be available on the public domain

More Info
  • pg 1
									Tamdeen Real Estate Company

_________________________________________________________________________________




Tamdeen Real Estate Company: SWOT
Analysis & Company Profile


Reference code: CN0069CP

Published: Jan 2011




Business Review
John Carpenter House
7 Carmelite Street
London EC4Y 0BS
United Kingdom
Tel: +44 (0) 20 7936 6400
Fax: +44 (0) 20 7336 6813




___________________________________________________________________________________________

Tamdeen Real Estate Company - SWOT Profile                                          Page 1
Tamdeen Real Estate Company

__________________________________________________________________________________________


Tamdeen Real Estate Company - Company Overview

Tamdeen Real Estate Company (Tamdeen) is a real estate development company. It is involved in invest, own, resale,
lease and rent real estate properties in Kuwait and abroad. Tamdeen is also engaged in the development of real estate
projects and construction of buildings. In addition, it establishes and manages real estate investment funds; manages
properties of others; and provides real estate studies and consultancy services. Furthermore, it invests in companies with
activities similar to its own and in financial portfolios managed by professional companies and authorities. In the real
estate sector, the company holds 5th largest assets in the region with total assets worth more than KD445 million. The
company operates in Gulf Cooperation Council region along with its subsidiaries and affiliates. Tamdeen is headquartered
in Safat, Kuwait.


Financial Performance

The company reported revenues of KWD 22.2 million during the fiscal year ended December 2009. Its revenues recorded
a declining compound annual rate of 22.8% during 2007-2009 and with an annual decline of 41.6% over the fiscal year
2008. During the fiscal year 2009, its operating margin was 4.3% as against an operating margin of 37.1% during the
fiscal year 2008. Moreover, during the fiscal year 2009, the company‟s net profit margin was 12.2% as against a net profit
margin of 35.8% during the fiscal year 2008.




Tamdeen Real Estate Company - Key Facts

Tamdeen Real Estate Company, Key Facts

                                  Souk Al-Kuwait Bldg., 6th Fl.,
                                                                    Ticker Symbol, Stock
Corporate Address:                Kuwait, , 13079, Kuwait
                                                                                               TAM (Kuwait Stock Exchange)
                                                                    Exchange



Telephone                         + 965 2 2468881                   No. of Employees           N/A



Fax                               + 965 2 2468882                   Financial Year End         December



URL                               www.tamdeenrealestate.com         Revenue (in KWD Million)   22.17



Industry                          Construction                      Revenue (in USD Million)   76.45



Locations                         Bahrain, Kuwait, Qatar

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Tamdeen Real Estate Company - SWOT Profile                                                                          Page 2
Tamdeen Real Estate Company

__________________________________________________________________________________________


Tamdeen Real Estate Company - Business Description

Tamdeen Real Estate Company (Tamdeen) is engaged in the investment, financing and development of integrated real
estate and commercial projects.

The company‟s principal operations comprised of real estate purchase, ownership, lease and rent; and development of
real estate projects and construction contracts of buildings. Its operations also include managing properties of others;
establishing and managing real estate investment funds; real estate studies and consultancy services; and investment in
companies with similar activities.

Tamdeen operates through two business segments, namely, Real Estate and Investment. During the fiscal year 2009, the
company generated 69.6% of its total sales from Real Estate segment and 30.4% from Investment segment.

The company operates its business through five subsidiaries, namely, Tamdeen Shopping Centers Company, Tamdeen
Entertainment Company, Tamdeen Investment Company, Tamdeen Holding Company and Kuwait National Cinema
Company.

Tamdeen Shopping Centers Company is a closed shareholding company engaged in designing, developing, leasing and
managing shopping centers, and their related services. Tamdeen Entertainment Company is engaged in providing a
range of entertainment facilities that caters to the entire family needs.

Tamdeen Investment Company provides clients and shareholders with strategic financial investment solutions and
services. It operates in all investment industries within Kuwait and the wider Middle East region. Tamdeen Investment
Company is engaged in the management of financial investment transactions related to securities including the acquisition
and sale of private sector shares and bonds. It offers consultation services on asset utilization for individual clients, and
consultation and advisory services on merger and acquisition (M&A) and business succession for corporate clients. In
addition, it delivers investment and portfolio management services. Furthermore, it has many direct investments including
Ahli United Bank, Kuwait National Cinema Company and British Industries for Printing and Packaging.

Tamdeen Investment Company‟s activities comprised of three areas, namely, Direct Investments, Corporate Finance and
Consultancy Services, and Asset Management. Direct Investments division invests in the financial, energy and real estate
sectors. Corporate Finance and Consultancy Services division include Mergers and Acquisitions, Due Diligence, Private
Placement and Underwriting, Company and Asset Valuations and Project Financing. Its Asset Management division
provides an array of services including custodial and trading services both locally and internationally.

Tamdeen Holding Company acquires, establishes, manages, develops and holds long term strategic shares of Kuwaiti
and foreign stockholding companies.

Kuwait National Cinema Company (KNCC) is a leading entertainment company in Kuwait. It offers targeted entertainment
services to different customers audiences.

Major projects of the company include Mall of Kuwait, Madinat Al Fahaheel, Baraya, 360 Mall, Madinat Al Hareer and
Srab Al Areen.

In June 2010, the company received the „Best Company in the Retail Sector‟ award from Arabian Business Magazine.




___________________________________________________________________________________________

Tamdeen Real Estate Company - SWOT Profile                                                                          Page 3
Tamdeen Real Estate Company

__________________________________________________________________________________________


Tamdeen Real Estate Company - Major Products and Services

Tamdeen Real Estate Company is a Kuwait-based company engaged in real estate investment and development
activities. Its key services include the following:

Tamdeen Real Estate Company, Major Products and Services
Services:

Real estate investment, ownership, resale, leasing and renting properties

Development of real estate projects

Construction contracts of buildings

Managing properties of others

Establishing and managing real estate investment funds

Real estate studies and consultancy

Consultancy

Investment in companies with similar activities
Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Tamdeen Real Estate Company - SWOT Profile                                                                Page 4
Tamdeen Real Estate Company

__________________________________________________________________________________________


Tamdeen Real Estate Company - History

Tamdeen Real Estate Company, History

    Year                Event type                                                  Description


                                                The company received 'Best Developer' in Kuwait for 2009 from international magazine
   2009      Corporate Awards
                                                Euromoney.


                                                Tamdeen won the 'Best Waterfront Development' award from Cityscape Awards Real
   2009      Corporate Awards
                                                Estate Middle East 2009 for its Fahaheel Waterfront Development Project - Al Kout.


                                                The company was selected as the 'Best Developer' a Retail Project Award in the
   2008      Corporate Awards                   Middle East and North Africa for Madinat Al Fahaheel Project, during the Abu Dhabi
                                                City Scape Exhibition 2008.


                                                The company's subsidiary, Tamdeen Shopping Centre Development Company
   2006      Contracts/Agreements               received a 40 Million Kuwaiti Dinar construction contract from Ahmediah Contracting &
                                                Trading Company to develop the South Surra area.


                                           
								
To top