Azad Properties Market Research Report

Background

Overview

Azad Properties is an asset and property management company headquartered in Jeddah, Kingdom of Saudi Arabia. Established in 2017, the company specializes in the development and management of commercial, lifestyle, and logistics properties. With a portfolio of 18 properties, Azad Properties focuses on designing, developing, and managing innovative projects that integrate cutting-edge solutions to meet the evolving needs of stakeholders.

Mission and Vision

Mission: To design, develop, and manage innovative commercial, lifestyle, and light industrial projects, integrating cutting-edge solutions that effectively serve and anticipate the needs of stakeholders.

Vision: To be a leader in developing integrated commercial and industrial real estate projects, driving innovation, sustainability, and excellence in every venture.

Industry Significance

Azad Properties plays a pivotal role in Saudi Arabia's real estate sector by delivering high-quality commercial spaces that add value to investors, retailers, and tenants. The company's commitment to sustainable growth and enhancing the quality of life in the communities they serve aligns with the objectives of Saudi Vision 2030.

Key Strategic Focus

Core Objectives

Develop and manage high-quality commercial spaces that deliver value to investors, retailers, and tenants.

Foster sustainable growth and enhance the quality of life in the communities they serve.

Areas of Specialization

Retail destinations

Logistics centers

Commercial properties

Key Technologies Utilized

Azad Properties integrates cutting-edge solutions in its projects to effectively serve and anticipate the needs of stakeholders, building a resilient, future-focused portfolio that delivers long-term profitability and value.

Primary Markets Targeted

The company operates across multiple cities in Saudi Arabia, including Jeddah, Riyadh, and others, focusing on developing properties that cater to the growing demands of the logistics and e-commerce sectors.

Financials and Funding

Funding History

Specific details regarding Azad Properties' funding history, total funds raised, recent funding rounds, and notable investors are not publicly disclosed.

Utilization of Capital

The capital raised is primarily utilized for the development and management of commercial, lifestyle, and logistics properties, aiming to deliver long-term profitability and value to stakeholders.

Pipeline Development

Key Pipeline Candidates

Souq7: A modern traditional retail destination in Jeddah that blends cultural heritage with contemporary retail experiences, setting a new standard for lifestyle-oriented shopping.

Corniche Commercial Center: Located in the heart of Jeddah's historical district, this center serves as a vibrant tourist shopping destination.

Bawabat Alsenaya: Situated in Riyadh's industrial hub, this complex offers a mix of workshops, commercial spaces, and warehouses tailored to meet the growing market demands in logistics and e-commerce.

Stages of Development

The company is actively involved in the design, development, and management stages of these projects, integrating innovative solutions to meet stakeholder needs.

Target Conditions

Azad Properties focuses on developing properties that cater to the growing demands of the logistics and e-commerce sectors, aiming to provide sustainable and innovative solutions.

Anticipated Milestones

Specific timelines for anticipated milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Azad Properties integrates cutting-edge solutions in its projects to effectively serve and anticipate the needs of stakeholders, building a resilient, future-focused portfolio that delivers long-term profitability and value.

Significant Scientific Methods

The company employs innovative design and development methodologies to create sustainable and efficient commercial spaces, though specific scientific methods are not publicly detailed.

AI-Driven Capabilities

While specific AI-driven capabilities are not publicly disclosed, Azad Properties emphasizes the integration of advanced technologies to enhance operational efficiency and stakeholder satisfaction.

Leadership Team

Executive Profiles

Ayman Al Burti: Chief Executive Officer (CEO)

Ayman Al Burti serves as the CEO of Azad Properties. Prior to this role, he was the Chief Commercial Officer at AWJ Holding Company.

Majid Algothmi: Executive Director

Majid Algothmi holds the position of Executive Director at Azad Properties.

Key Contributions

Under their leadership, Azad Properties has expanded its portfolio and integrated innovative solutions into its projects, aligning with the objectives of Saudi Vision 2030.

Competitor Profile

Market Insights and Dynamics

The Saudi Arabian real estate market is experiencing significant growth, driven by urbanization, economic diversification, and initiatives like Saudi Vision 2030. This growth presents opportunities for companies like Azad Properties to expand their portfolios and enhance their market presence.

Competitor Analysis

Key competitors in the Saudi Arabian real estate sector include companies such as Lead Real Estate, CAS Capital, and NOON Capital. These companies focus on various aspects of real estate development and management, contributing to a competitive landscape.

Strategic Collaborations and Partnerships

Significant Collaborations

PricewaterhouseCoopers (PwC): Azad Properties appointed PwC to support its IPO preparation, marking a major milestone in the company’s growth journey aligned with Vision 2030.

Design International: The company appointed Design International, a leading global architecture firm, to design Bawabat Al Senaya, its upcoming industrial and logistics hub in Riyadh.

Strategic Importance

These collaborations enhance Azad Properties' capabilities in project development and market expansion, aligning with its strategic objectives.

Operational Insights

Strategic Considerations

Azad Properties focuses on developing properties that cater to the growing demands of the logistics and e-commerce sectors, aiming to provide sustainable and innovative solutions.

Competitive Advantages

The company's commitment to innovation, sustainability, and excellence in every venture positions it as a leader in the real estate sector.

Strategic Opportunities and Future Directions

Strategic Roadmap

Azad Properties aims to expand its portfolio by developing integrated commercial and industrial real estate projects, driving innovation, sustainability, and excellence in every venture.

Future Business Directions

The company is focused on accelerating the growth of the lifestyle, logistics, and commercial real estate sectors by introducing innovative solutions that support their partners and enhance the operational efficiency and profitability of their properties.

Opportunities for Expansion

Azad Properties has opportunities to expand its presence in various cities across Saudi Arabia, leveraging its expertise in developing properties that meet the evolving needs of communities, businesses, and investors.