Abdulla Al Humaidi saw viability in the London real estate market despite the Covid-19 pandemic. Kuwaiti European Holding (KEH) led Kuwaiti entrepreneurs into funding the project by up to $144 million. The resilience of the UK property industry informed the move, and Kuwaiti European Holding (KEH) became part of the future ventures. Abdulla Al Humaidi appreciates that the twin events of Brexit and COVID-19 could shake UK markets. However, he also acknowledges that the real estate industry behaves differently in solid markets than in Britain. He points out that the UK remains the most favorable property investor destination for many reasons. One of the qualifying factors for the market’s resilience is closeness to modern property consumers compared to interior cities.
Abdulla Al Humaidi also observes that the UK land and property laws remain transparent in resolving issues in the industry. The value relates to the solid legal framework combined with rich cultures to make the UK an inevitable destination for Asian investors. Even amidst the restrictions and ban on the inflow of foreign air passengers, Kuwaiti European Holdings use on-the-ground advice to continue investing in the UK. Abdulla Al Humaidi runs KEH that formed part of the UK investor 2020. The holding firm saw the funding of London Resort to the tune of $2.6 billion.
The property remains outstanding for its impeccable aesthetic appeal. It carried a theme park and aimed at high-end users. London Resort Company Holdings associated with Kuwaiti European Holding becomes a single primary practical evidence of Abdulla Al Humaidi investment plan in Europe. Abdulla Al Humaidi is a doctor with immense experience in offshore investments. Since 2008, he continues to direct affairs to KEH on behalf of his family. KEH also has footprints in Ireland, thereby proving its immense interests in the region. Entrepreneurs will wait to see how Abdulla Al Humaidi’s European strategy unfolds.