J3 selects Yardi to manage $500mn real estate project in Kuwait

J3 Consortium partners with Yardi
Rep.Image | Cropped by GBN
By Arya M Nair, Content Head
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J3, a consortium formed by Mabanee Company, National Industries Group, and Privatization Holding Company in collaboration between the Public Authority of Housing Welfare and Mabanee, has announced new progress in its real estate project in Kuwait.

Serving as the backbone of J3’s operations, Yardi will integrate property management and financial processes into a single, unified platform. This centralized system will enable accurate financial reporting, simplify lease management and optimize daily workflows.

With an investment of $500 million, one of the most ambitious sustainable real estate projects in Kuwait, Jaber Al Ahmad Residential City, spans 361,615 square meters of built-up area. It will feature 21 build-to-rent (BTR) residential buildings, designed to set new benchmarks in sustainable urban living.

With Yardi Facility Management, J3 will streamline maintenance operations, extend asset longevity and help enhance the living experience for tenants. In addition, RentCafe will empower J3 to efficiently manage maintenance requests, process rent payments and maintain clear, effective communication with clients.

Waleed Al Sharian_J3 Consortium new real estate project in Kuwait
Waleed Al Sharian
CEO – Mabanee Company

“With Yardi’s cloud technology, J3 is committed to transforming property management Rnd redefining sustainable living in Kuwait. This property management 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 high levels of customer service in Kuwait’s real estate sector. We are excited to be part of their journey toward transformation and sustained growth,” said Said Haider, senior director for Yardi.

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