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	<title>io81 &#187; Rental space &amp; Real estate</title>
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	<link>http://io81.com</link>
	<description>Kuwait, up a notch</description>
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		<title>Store for rent, Salmiya</title>
		<link>http://io81.com/real-estate/2011/06/store-rent-salmiya/</link>
		<comments>http://io81.com/real-estate/2011/06/store-rent-salmiya/#comments</comments>
		<pubDate>Sat, 11 Jun 2011 21:29:49 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>

		<guid isPermaLink="false">http://io81.com/?p=1444</guid>
		<description><![CDATA[Found a store for rent in Salmiya, its behind a  building called Elite. The store is still new and i guess is about 40 square meters, and they only want a rent of 800KD. The rent is high though but its is in a new building with upscale flats, so you should maybe target these [...]]]></description>
			<content:encoded><![CDATA[<p>Found a store for rent in Salmiya, its behind a  building called Elite. The store is still new and i guess is about 40 square meters, and they only want a rent of 800KD. The rent is high though but its is in a new building with upscale flats, so you should maybe target these customers in the building where the store is, the hares number is in the pic.</p>
<p><a href="http://io81.com/wp-content/uploads/2011/06/store.jpg"><img class="alignnone size-medium wp-image-1445" title="store" src="http://io81.com/wp-content/uploads/2011/06/store-300x225.jpg" alt="" width="300" height="225" /></a></p>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Store for rent, Salmiyah</title>
		<link>http://io81.com/real-estate/2011/05/store-rent-salmiyah/</link>
		<comments>http://io81.com/real-estate/2011/05/store-rent-salmiyah/#comments</comments>
		<pubDate>Sun, 15 May 2011 05:35:50 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>

		<guid isPermaLink="false">http://io81.com/?p=1380</guid>
		<description><![CDATA[A store for rent, they are two stores actually. The place is residential tower next to AlSeef hospital in Salmiya (sea side). The store has an old fashioned layout, its 5 by 5m but two floors. I have asked the guy about what licenses they disapprove. He said “no laundry, restaurant, or taxi” I think [...]]]></description>
			<content:encoded><![CDATA[<p>A store for rent, they are two stores actually. The place is residential tower next to AlSeef hospital in Salmiya (sea side). The store has an old fashioned layout, its 5 by 5m but two floors. I have asked the guy about what licenses they disapprove. He said “no laundry, restaurant, or taxi” I think he may consider a restaurant that requires no chimney (cold cuts). Location is really good, the signage can be seen by cars entering Share3 el Ma6a3em and going ahead to Shobiz traffic light. The strong point &#8220;I see&#8221;, is the location of the signage which can be seen clearly from Gulf road. (think of something that may serve the building tenants) </p>
<p>Rent is 450KD no down payment</p>
<p>Mobile 97891198</p>
<p><a href="http://io81.com/wp-content/uploads/2011/05/shop1.jpg"><img class="alignnone size-medium wp-image-1381" title="shop1" src="http://io81.com/wp-content/uploads/2011/05/shop1-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><a href="http://io81.com/wp-content/uploads/2011/05/shop2.jpg"><img class="alignnone size-medium wp-image-1382" title="shop2" src="http://io81.com/wp-content/uploads/2011/05/shop2-300x225.jpg" alt="" width="300" height="225" /></a></p>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>P2BK review</title>
		<link>http://io81.com/startups/2011/03/p2bk-review/</link>
		<comments>http://io81.com/startups/2011/03/p2bk-review/#comments</comments>
		<pubDate>Thu, 17 Mar 2011 05:29:44 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Marketing & Media]]></category>
		<category><![CDATA[Point of View]]></category>
		<category><![CDATA[Rental space & Real estate]]></category>
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://io81.com/?p=1250</guid>
		<description><![CDATA[After a long discussion that P2BK is the place to advertise, i have agreed to have a booth there. I paid till now 195KD for the booth and 250KD for the banners. Is it worth the money and time spent? Let me say the place was crowded, very crowded. But what are people looking for [...]]]></description>
			<content:encoded><![CDATA[<p>After a long discussion that P2BK is the place to advertise, i have agreed to have a booth there. I paid till now 195KD for the booth and 250KD for the banners. Is it worth the money and time spent?</p>
<p><a href="http://io81.com/wp-content/uploads/2011/03/baner1.jpg"><img class="alignnone size-medium wp-image-1252" title="baner1" src="http://io81.com/wp-content/uploads/2011/03/baner1-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><a href="http://io81.com/wp-content/uploads/2011/03/banner2.jpg"><img class="alignnone size-medium wp-image-1253" title="banner2" src="http://io81.com/wp-content/uploads/2011/03/banner2-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p>Let me say the place was crowded, very crowded. But what are people looking for and what are they buying? the crowd is 90% ladies, young and old. All looking for food. If you have food to sell that would be the place. As expected: accessories and clothe designers are the major sellers. Another note, my booth sucked and the colors came out all wrong, blue instead of xbox green.</p>
<p>One weird concept was a triangle restaurant, that sold everything in a triangle package, made no sense to me. If they were trying to save space with this genius concept i would understand, which i dont think so. Ask your self a question, why are milk packaged in rectangle cartoons and soda&#8217;s in cylindrical cans? you see with milk that expires fast storage is a main concern so wasting space cost money, but soda&#8217;s have long shelf lifes so no problems with storage. So now where does a triangle fall here?</p>
<p><a href="http://io81.com/wp-content/uploads/2011/03/milk.jpg"><img class="alignnone size-medium wp-image-1251" title="milk" src="http://io81.com/wp-content/uploads/2011/03/milk-300x199.jpg" alt="" width="300" height="199" /></a></p>
<p>As for my booth, i think yet to be analysed, let me say my first day is bad.</p>
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		<slash:comments>10</slash:comments>
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		<item>
		<title>Kwik Kopy salmiya location for sale</title>
		<link>http://io81.com/real-estate/2010/09/kwik-kopy-salmiya-location-sale/</link>
		<comments>http://io81.com/real-estate/2010/09/kwik-kopy-salmiya-location-sale/#comments</comments>
		<pubDate>Sat, 25 Sep 2010 22:07:00 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>

		<guid isPermaLink="false">http://io81.com/?p=805</guid>
		<description><![CDATA[Kwik Kopy store located in Salmiya, Salem Mubarak Street is being offered for sale. The place has a rent of 2,000KD, dont get scared hold on, and with a down payment of 30,000KD, ok now you can freak out:P Remember these store with a prime location should be taken by large companies or franchises not [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Kwik Kopy</strong> store located in Salmiya, Salem Mubarak Street is being offered for sale. The place has a rent of 2,000KD, dont get scared hold on, and with a down payment of 30,000KD, ok now you can freak out:P</p>
<p>Remember these store with a prime location should be taken by large companies or franchises not someone selling again cupcakes. Look at the store next to it, Eastpack dealership. Major firms can handle such cost because they need to be in your face and in prime locations like Salem Mubarak Street. Every one passing by Salem Mubarak Street knows that Kwik Kopy is there, location plays a big role. Its located exactly opposite Ahli Bank and Bu-Suwaileh Restaurant.</p>
<p><strong>Things you dont know</strong>; the machines in these copy centers are expensive, but these stores dont own them. They work an agreement with the store that if 20fils is charged to photo copy a paper, 5 fils goes to the Xerox company and the rest 15 fils goes to the store. Such a policy makes these stores afford the photo copy machines and the Xerox company moves its inventory of photo copy machines. These machines are fitted with counters and from time to time an agent comes from Xerox and take their share from the profits. These store have a multiple channels of profit like: designing, printing business cards and letter heads, parcel service, binding and other stationary sales. So setting up a copy center is not that capital intensive (mo ghali ya3ny:P) .</p>
<p><a href="http://io81.com/wp-content/uploads/2010/09/IMG00138-20100920-1946.jpg"><img class="alignnone size-medium wp-image-807" title="IMG00138-20100920-1946" src="http://io81.com/wp-content/uploads/2010/09/IMG00138-20100920-1946-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><a href="http://io81.com/wp-content/uploads/2010/09/IMG00139-20100920-1947.jpg"><img class="alignnone size-medium wp-image-808" title="IMG00139-20100920-1947" src="http://io81.com/wp-content/uploads/2010/09/IMG00139-20100920-1947-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><a href="http://io81.com/wp-content/uploads/2010/09/IMG00140-20100920-1947.jpg"><img class="alignnone size-medium wp-image-809" title="IMG00140-20100920-1947" src="http://io81.com/wp-content/uploads/2010/09/IMG00140-20100920-1947-300x225.jpg" alt="" width="300" height="225" /></a></p>
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		<slash:comments>4</slash:comments>
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		<item>
		<title>Store rent in rehab complex</title>
		<link>http://io81.com/retail/2010/09/store-rent-rehab-complex/</link>
		<comments>http://io81.com/retail/2010/09/store-rent-rehab-complex/#comments</comments>
		<pubDate>Sun, 19 Sep 2010 06:11:00 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>
		<category><![CDATA[Retail]]></category>

		<guid isPermaLink="false">http://io81.com/?p=759</guid>
		<description><![CDATA[Going to Rehab complex to see whats new in the gaming market, i was surprised to see that more stores are opening there. Down in the basement where their use to be a large computer store now got segmented into small shops for rent. Rent is quite on the high side but if desperate to [...]]]></description>
			<content:encoded><![CDATA[<p>Going to Rehab complex to see whats new in the gaming market, i was surprised to see that more stores are opening there. Down in the basement where their use to be a large computer store now got segmented into small shops for rent. Rent is quite on the high side but if desperate to open a store in Rehab and you have a customer base, then by all means do open a store their. I personally do not recommend because when stores are back to back you start getting customers who will buy from your neighbor because of a 250 fils reduction in price. In summary, it becomes highly competitive and margins shrink.</p>
<p>The stores there are small, and rent is about 400 to 600KD. Call the number 94095820 Abu yousef to get more info.<br />
<a href="http://io81.com/wp-content/uploads/2010/09/IMG00133-20100915-1141.jpg"><img class="alignnone size-medium wp-image-762" title="IMG00133-20100915-1141" src="http://io81.com/wp-content/uploads/2010/09/IMG00133-20100915-1141-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><a href="http://io81.com/wp-content/uploads/2010/09/IMG00132-20100915-11411.jpg"><img class="alignnone size-medium wp-image-763" title="IMG00132-20100915-1141" src="http://io81.com/wp-content/uploads/2010/09/IMG00132-20100915-11411-300x225.jpg" alt="" width="300" height="225" /></a></p>
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		<slash:comments>4</slash:comments>
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		<item>
		<title>Store in Kuwait city for rent</title>
		<link>http://io81.com/real-estate/2010/08/store-kuwait-city-rent/</link>
		<comments>http://io81.com/real-estate/2010/08/store-kuwait-city-rent/#comments</comments>
		<pubDate>Fri, 27 Aug 2010 12:27:02 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>

		<guid isPermaLink="false">http://io81.com/?p=702</guid>
		<description><![CDATA[Going around Kuwait City finishing some work i always keep an eye for empty stores or shop for rent, i just have a feeling that many kuwaitis look for a small store in Kuwait City to open a restaurant to serve the employees working their. I usually find many near the stock exchange but nothing [...]]]></description>
			<content:encoded><![CDATA[<p>Going around Kuwait City finishing some work i always keep an eye for empty stores or shop for rent, i just have a feeling that many kuwaitis look for a small store in Kuwait City to open a restaurant to serve the employees working their. I usually find many near the stock exchange but nothing close to Fahad Al Salem st, the street where the Sheraton round about starts and and near to the Baitek tower. I found one store, has a good location but no good parking. I have attached some pictures to see the place and you can start imaging you store their:p its next to Gulf Bank branch on Fahad al Salem st, but on the back side of the street. No down payment and 600KD rent. The rent is expected from a store on Fahad Al Salem st. The hares number is 97947908, i guess his name is abu shrooq.</p>
<p><a href="http://io81.com/wp-content/uploads/2010/08/IMG00115-20100826-1251.jpg"><img class="alignnone size-medium wp-image-703" title="IMG00115-20100826-1251" src="http://io81.com/wp-content/uploads/2010/08/IMG00115-20100826-1251-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><a href="http://io81.com/wp-content/uploads/2010/08/IMG00116-20100826-1252.jpg"><img class="alignnone size-medium wp-image-704" title="IMG00116-20100826-1252" src="http://io81.com/wp-content/uploads/2010/08/IMG00116-20100826-1252-300x225.jpg" alt="" width="300" height="225" /></a></p>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Places to rent</title>
		<link>http://io81.com/startups/2008/12/places-to-rent/</link>
		<comments>http://io81.com/startups/2008/12/places-to-rent/#comments</comments>
		<pubDate>Tue, 30 Dec 2008 22:29:41 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://io81.com/?p=647</guid>
		<description><![CDATA[I guess many have seen the ads about the spaces for rent next to Qurain area, i have visited the place and spoken to the employees and i can provide you with a small brief about the place. The smallest shop is around 20 meters squared with a least monthly rent of 260KD. You can [...]]]></description>
			<content:encoded><![CDATA[<p>I guess many have seen the ads about the spaces for rent next to Qurain area, i have visited the place and spoken to the employees and i can provide you with a small brief about the place. The smallest shop is around 20 meters squared with a least monthly rent of 260KD. You can take more than 20 m2 and go for larger areas but you will get charged by the meter at a rate of 16KD per meter squared. Other prime location as they call it, will require a higher rate per meter at 22KD. So i asked them about a shisha place and they said that to take a shisha place you have to go for 400m2 and pay a rent of 2,850KD. The shisha place is excluded from the calculation i have provided above. The place is huge and will have all the major banks their, thats a good sign. Al Ghanim electronics and most fast food stores are their, and LuLu hyper market is their too. As for the rent you got to pay 4 months in advance and will get another 3 months free to setup you venture. The shity thing is a lost their number, sorry. One more thing, the area is seperated in small blocks like the pic below, each area has a certain purpose like, the furniture street, the cafe&#8217;s street, the car accessories street and the list goes on. Good Luck.</p>
<p>  <a href="http://io81.com/wp-content/uploads/2008/12/image008.jpg"><img class="alignnone size-full wp-image-648" title="image008" src="http://io81.com/wp-content/uploads/2008/12/image008.jpg" alt="" width="500" height="375" /></a></p>
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		<item>
		<title>The Avenues, a land mark?</title>
		<link>http://io81.com/real-estate/2008/12/the-avenues-a-land-mark/</link>
		<comments>http://io81.com/real-estate/2008/12/the-avenues-a-land-mark/#comments</comments>
		<pubDate>Mon, 29 Dec 2008 22:58:11 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Point of View]]></category>
		<category><![CDATA[Rental space & Real estate]]></category>

		<guid isPermaLink="false">http://io81.com/?p=644</guid>
		<description><![CDATA[Walking down the avenues (the mall), my self and a friend started to chat about the avenue mall and how its huge etc etc&#8230; but then he told me that its being labeled as a land mark in Kuwait! So we discussed what defines a land mark and this is what i have found out [...]]]></description>
			<content:encoded><![CDATA[<p>Walking down the avenues (the mall), my self and a friend started to chat about the avenue mall and how its huge etc etc&#8230; but then he told me that its being labeled as a land mark in Kuwait! So we discussed what defines a land mark and this is what i have found out on the web:</p>
<div class="ds-list"><strong>1. </strong>A prominent identifying feature of a landscape.</div>
<div class="ds-list"><strong>2. </strong>A fixed marker, such as a concrete block, that indicates a boundary line.</div>
<div class="ds-list"><strong>3. </strong>An event marking an important stage of development or a turning point in history.</div>
<div class="ds-list"><strong>4. </strong>A building or site with historical significance, especially one marked for preservation by a municipal or national government.</div>
<p>(source <a href="http://www.thefreedictionary.com">http://www.thefreedictionary.com</a>)</p>
<p>So you can see after reading the above it may work with 1 and 2, but do we as Kuwaities would like to have a mall as a land mark, before you start the Harrods (UK) land mark thing let me explain; we as Kuwaities naming a mall as a land mark just proves our ignorance that we are consumer based citizens, we live to buy. The provoking issue that pisses me off is that how unethical, uneducated we are in purchasing whatever we desire before giving it a second thought. Nike and sonia rykiel for instance had sweat shops that paid 13 year old kids 60 cents to create a 45 kd garment! we as Kuwaities are promoting such action or maybe not for Nike or sonia rykiel anymore but others brands that are capitalizing on our ignorance. The other thing is when some claim that a mall such as the avenues is an economical benefit is quite wrong, the franchiser are getting a monthly 6 to 8% out of sales going to the original owners and when we spend money on such non Kuwaiti business our Kuwaiti dinar is leaving the economic cycle and creating a leak that is growing each year that leads to a weaker KD. Again i&#8217;m not against international businesses but to define the avenue shopping mall as a land mark that has no history or benefit to the Kuwaiti society then i guess that is ridiculous. Let me know what you think and if you  do consider it as a land mark, why?</p>
<p><a href="http://io81.com/wp-content/uploads/2008/12/avenue"><img class="alignnone size-medium wp-image-645" title="avenue" src="http://io81.com/wp-content/uploads/2008/12/avenue-300x225.jpg" alt="" width="300" height="225" /></a></p>
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		<slash:comments>3</slash:comments>
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		<item>
		<title>Keeping Alert</title>
		<link>http://io81.com/retail/2007/09/keeping-alert/</link>
		<comments>http://io81.com/retail/2007/09/keeping-alert/#comments</comments>
		<pubDate>Sat, 08 Sep 2007 17:40:08 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>
		<category><![CDATA[Retail]]></category>

		<guid isPermaLink="false">http://io81.com/?p=473</guid>
		<description><![CDATA[I have posted earlier about the new commercial building in Hawali, a friend of mine had just took a store there, the prices are as follows: the main shops on the ground level facing the street have a kholow or down payment of 10,000kd and the rent is about 500kd paid quarterly. The next floors [...]]]></description>
			<content:encoded><![CDATA[<p>I have posted earlier about the new commercial building in Hawali, a friend of mine had just took a store there, the prices are as follows: the main shops on the ground level facing the street have a kholow or down payment of 10,000kd and the rent is about 500kd paid quarterly. The next floors only require rent from 400 to 300kd and no down payment. Now the sort of business&#8217;s that have taken place are: GNC, Patchi, Bon el Badawi, Refaiei rostary, Sugar, Empress and many more Kuwaiti based sweet and confecti shops. So now you have an idea what the customers there are going for and from such information you may have a better understanding if your business may grow fast or can live with the visitors of the other shops. You have to study your concept and see if Â you work out between the above mentioned. If your thinking of food and sweet business this would be a great place to start, many of Patchi&#8217;s customer will surly notice your business. But if your thinking of opening a laundry&#8230;.hmmm wala madri&#8230; i say go with food if thats what you originally had in mind and now with a better will power due to the stores i have mentioned. Always scan the area for new shops and opportunities, thats the only way to find a good location for a store, but still put in mind that passing customers wont buy your products they must be coming to hawali specifically to see your product or saw your store by mistake when they where intending to go to Patchi.</p>
<p><img width="436" src="http://io81.com/wp-content/uploads/2007/09/img_1290.JPG" alt="img_1290.JPG" height="352" style="width: 436px; height: 352px" />Â </p>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>Finding a store</title>
		<link>http://io81.com/startups/2007/08/finding-a-store/</link>
		<comments>http://io81.com/startups/2007/08/finding-a-store/#comments</comments>
		<pubDate>Thu, 02 Aug 2007 11:07:07 +0000</pubDate>
		<dc:creator>Qaiss</dc:creator>
				<category><![CDATA[Rental space & Real estate]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://io81.com/?p=430</guid>
		<description><![CDATA[Many have been asking me on how to find a good location in Kuwait or a store in one of the new malls around. The answer is a very tiring procedure and sometimes may take up to one year of searching but this all depends on your budget, if your budget was an open one [...]]]></description>
			<content:encoded><![CDATA[<p>Many have been asking me on how to find a good location in Kuwait or a store in one of the new malls around. The answer is a very tiring procedure and sometimes may take up to one year of searching but this all depends on your budget, if your budget was an open one then you can always find a store in a couple of days and whatever location you choose, but when constrained with a certain budget patience is the answer. Always keep your eyes open for new buildings coming out in places you would like to own a store in. For me it would be the salmiya area, and even watch news about new malls popping out. A ideal strategy is to visit the known real estate companies in Kuwait that are concentrated in building malls: <a target="_blank" href="http://www.tamdeenrealestate.com">Tamdeen RE</a>, <a target="_blank" href="http://www.altijaria.com">Commercail RE</a>Â  such companies are building now theÂ Kuwait 360Â and the dome in Abu Hulaifa respectively. When approaching such new malls that are still in the drawing board stage you get better chances of finding a store, why because such companies like to see committed business people that provide all the details about the store before even finding a place, and when i mean all the detail i mean: store layout, concept, design, logo, projected sales etc the more information you provide the better the chance you got. I still did not introduce the variable &#8221; wasta&#8221; because this alone plays a major role in the store acquisition and may delete other basic requirements. What people do not see here is when you start small and createÂ a successful retail shop in one mall in Kuwait, it becomes much easier to acquire another one in a newer mall by providing that you got one successfully running now. But this may even turn out as a two edged sword!? becauseÂ managment of the new malls only want new conceptsÂ and nothing repetitive, so when presenting a concept again and again you may getÂ declined just because you have such a store somewhere else.Â Who ever said starting a businessÂ is easy! if it was thenÂ people all around would have been millionaires of some sort:P this approach ofÂ finding a store require an act of balance andÂ some insider information from such real estate companies. (Pic via tamdeenrealestate.com)</p>
<p><img width="609" src="http://io81.com/wp-content/uploads/2007/08/mall-of-kuwait.jpg" alt="mall-of-kuwait.jpg" height="519" style="width: 609px; height: 519px" /></p>
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