11/10/2021 | Press release | Distributed by Public on 11/11/2021 07:52
Manama, Bahrain. 10 November 2021: GFH Properties, a wholly owned subsidiary of GFH Financial Group, has backed a decision to launch Cityscape Bahrain, an offshoot of Cityscape Global, an annual international property and real estate investment event that connects industry professionals and investors, that will launch at the all-new Bahain International Exhibition & Convention Center in 2022.
An agreement was signed on 9th November 2021 between InformaMarkets and Bahrain's Real Estate Regulatory Authority (RERA) during the 20th edition of Cityscape Global, which took place at Expo 2020 Dubai. As one of four gold sponsors of the RERA Bahrain Pavilion at Cityscape Global, GFH Properties is supporting the development and promotion of the Kingdom's real estate sector on the global stage.
"We are very proud to support the launch of Cityscape Bahrain, which is a major development for the region's real estate sector. Over the last two decades, Cityscape Global has proved to be a highly valuable industry event for real estate professionals and investors alike," said Eman Al Mannai, Head of Sales at GFH Properties.
"Cityscape Bahrain will be a boon to an already thriving real estate sector in the Kingdom and will highlight on a global level the world-class projects and developments taking place in Bahrain currently, including Harbour Heights, The Harbour Row and the soon-to-be-launched Bahrain Harbour. We hope Cityscape Bahrain will draw further foreign investment into the Kingdom's real estate projects."
With a residential portfolio of $1.8 billion, GFH Properties favours resilient investments in key sectors that are positioned for significant growth in the wake of pandemic. At Cityscape Global, GFH Properties exhibited its developments Harbour Heights and Harbour Row.
The Harbour Row is GFH Properties' flagship project and comprises six residential buildings, including over 500 upscale apartments, and a new retail district hosting over 20 retail stores and kiosks overlooking a waterfront promenade. The $145 million development, overlooking the Arabian Gulf, neighbours several of Bahrain's prime leisure and retail destinations, including Bab Al Bahrain, Four Season's Hotel Bahrain Bay, Seef District, The Avenues - Bahrain, City Centre Bahrain and Moda Mall.
Harbour Heights is another of GFH Properties developments shaping Bahrain's skyline with its distinctive trio of twisted towers situated directly in front of the Bahrain Financial Harbour twin towers. Harbour Heights residential tower comprises 226 apartments and penthouses with views and facilities including the highest swimming pool in Bahrain.
Eman Al Mannai added: "We are working to develop our diversified real estate portfolio and continue to seek unique opportunities to lead landmark projects that transform both fortunes and skylines. Cityscape Bahrain will allow us to uncover more opportunities in the regional real estate market, helping us to secure value and returns for shareholders in addition to boosting developments and the real estate sector in the Kingdom."
For more information contact:
Manager, Corporate Communications
About GFH Financial Group B.S.C:
GFH is known among the global investor community as one of the Middle East region's most highly regarded and credible financial investment groups. Over two decades, GFH has established a strong and diverse portfolio of investments across the Middle East, US, UK, Asia and other key markets. Focusing on defensive sectors, including healthcare, education, and logistics, GFH is focused on delivering growth and value creation for stakeholders.