Awqaf for Management and Real Estate Services

Who we are

Learn about Awqaf
For Real Estate Management and Services

Awqaf Property Management and Services Company was established on June 9, 2022, as a wholly owned subsidiary of Awqaf Investment Company—the investment arm of the General Authority for Awqaf. The company aims to enhance the real estate operations ecosystem for the Awqaf property portfolio, maximize its returns, and improve its investment efficiency and sustainability.

At Awqaf Real Estate Company, we manage a diverse and widespread property portfolio across the Kingdom. To ensure efficient portfolio management, we have adopted best practices and the latest technologies. We take pride in achieving a 25% growth in portfolio returns since the company's inception in 2022 and look forward to further enhancing our performance in the future.

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Real Estate Asset Management

The large and diverse endowment real estate portfolio presents challenges in maximizing returns and maintaining quality and efficiency. To overcome these, the company has introduced various measures to improve management quality and maximize returns, including:

01

Enhancing governance levels in the real estate asset management process.

02

Attracting top talent to manage and develop the real estate portfolio.

03

Developing suitable marketing plans for vacant properties based on the type and category of managed properties.

04

Adhering to regulatory guidelines that govern leasing, evaluation, and monitoring processes throughout the asset life cycle.

05

Focusing on increasing transparency in leasing operations and presenting investment opportunities.

06

Implementing maintenance and operation plans (preventative, annual, and emergency), including estimated costs.

07

Constructing appropriate leasing plans based on property category and market needs.

08

Adopting best practices in collection processes and managing delinquent debts.