realestate

Yardi Chosen by J3 to Manage Kuwait Residential Properties

J3 Consortium, formed by Mabanee, National Industries Group, and Privatization Holding Company, partners with Public Works Authority to deliver Kuwait's first-ever public-private partnership project.

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n a groundbreaking move, Kuwait-based J3 has chosen Yardi's cutting-edge real estate platform to revolutionize its residential operations and elevate property management standards. This strategic partnership will enable Jaber Al Ahmad Residential City, one of the country's most ambitious sustainable projects, to set new benchmarks in eco-friendly urban living.

    Spanning 361,615 square meters, this $500 million development boasts 21 build-to-rent (BTR) residential buildings designed to redefine sustainability. Yardi's unified platform will seamlessly integrate property management and financial processes, providing accurate financial reporting, streamlined lease management, and optimized daily workflows. With Facility Management, J3 will efficiently manage maintenance operations, extend asset longevity, and enhance the living experience for tenants.

    RentCafe will empower J3 to process rent payments, handle maintenance requests, and maintain clear communication with clients. "With Yardi's cloud technology, we're committed to transforming property management and redefining sustainable living in Kuwait," said Waleed Al Sharian, representing the J3 Consortium. "This solution will enable us to operate efficiently while delivering an unparalleled experience for our tenants."

    J3's innovative approach underscores its mission to deliver high-quality housing while championing sustainability and customer service in Kuwait's real estate sector. Said Haider, senior director for Yardi, added, "We're excited to be part of their journey toward transformation and sustained growth."

Yardi software chosen by J3 to manage Kuwait residential properties portfolio.