Easa Husain Al-Yousifi& Sons has been investing in real estate since its inception, when the founder bought the site on which his first showroom was built.
As profit from the company’s core business in consumer electronics mounted, some of the surplus was invested in real estate in Kuwait. Several sites were used to build apartments for rent, while other sites were held for resale in a rising market.
Al-Yousifi’ real estate portfolio consists of low- and high-rise buildings mostly in Kuwait and the UAE. The latest Al-Yousifi building to be constructed is the Panasonic Tower, named in honor of the long-lasting relationship between Al-Yousifi and Panasonic. It is located in the heart of Kuwait’s business district.