Markaz completes major real estate exits in U.S. and Europe

Kuwait Financial Centre (Markaz) has announced its successful exit from a series of real estate investments in the United States and Europe, valued at over $100 million.

Executed by its international real estate team in collaboration with global partners such as Panattoni and Scannell, the exits mark a significant milestone in Markaz’s ongoing strategy of creating value through carefully structured real estate deals across both development and credit segments.

The exited projects included industrial developments and a mezzanine investment in Scannell’s U.S.-based industrial portfolio, reports Al-Rai daily.

These investments were based on thorough market research and were timed to optimize returns in alignment with prevailing economic and real estate trends. The firm emphasized that the exits reflect its ability to navigate global market volatility while ensuring long-term stability and value for investors.

Sami Shabshab, Managing Director of International Real Estate at Markaz, highlighted the company’s focus on the logistics and warehousing sector, noting that the exits were strategically timed to maximize investor value. “Our flexible, fundamentals-based approach has allowed us to seize opportunities and deliver results through strong international partnerships,” he said.

Abdullatif Al-Nusif, Managing Director of Wealth Management and Business Development, underscored Markaz’s client-centric strategy and decades of investment experience. “We are committed to building resilient portfolios that adapt to evolving global conditions. These successful exits showcase our ability to implement complex strategies while safeguarding client interests,” he said.

Markaz, active in the U.S. real estate market since 1977 through its subsidiary Mar-Galph, continues to target high-potential sectors including industrial and residential. The company also aims to expand its presence in real estate credit, particularly through senior debt and mezzanine financing, to boost capital efficiency and diversify income streams.

Looking ahead, with improving credit conditions and interest rates anticipated in 2025, Markaz plans to position its portfolio for sustainable long-term growth through strategic partnerships and continued innovation. With over 50 years of investment expertise, Markaz reaffirms its role as a trusted leader in delivering value-driven solutions across global markets.