Bahrain Bay pronounced Best Mixed Use Development in the Middle East by Bloomberg
Manama, Kingdom of Bahrain: Bahrain Bay Development B.S.C.(c) (BBD), the $2.5 billion landmark waterfront community located off the north shore of Manama, has been pronounced the "Best Mixed Use Development in the Middle East" at this years International Property Awards, Arabia, in association with Bloomberg television.
The International Property Awards is a prestigious Industry Awards body that boasts a panel comprising of prominent individuals in the real estate sector from across the globe. Open to commercial and residential property professionals from around the Middle East, the Arabian Property Awards celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry.
Winning two awards, both the 5 Star Award and the Best Mixed Use Development in the Middle East Award, Bahrain Bay successfully out performed tough competition after being marked on several aspects of the project including innovation and industry leadership, integrated utilities and services, construction management, site wide facilities management, safety, security and sustainability. Marks were also awarded for BBD's pioneering and eye catching marketing campaigns.
Other nominees for the Best Mixed Use Development in the Middle East award included Boulevard, by Kuwait Commercial Markets Complex Company; Barwa Financial District, by Barwa Real Estate; Mena Mall Project, by Mena Holding; Dubai Pearl, by Dubai Pearl and Yas Island Development, by Aldar Properties PJSC.
Entries were judged by a panel of professionals including Ben Wood, Industry Head Property Markets of Google UK; Peter Bolton King, Group Chief Executive of the National Federation of Property Professionals; Patrick Grove, Executive Chairman of iProperty.com Group Asia Limited; Fiona Nixon, Chairman of the Australia Institute of Architects; Hendrik Nelde, President of FIABCI Belgium; Helen Shield, Editor-in-Chief of International Homes Luxury Collection magazine and Sven Johns, CEO of the German Real Estate Association.
In winning the award, Bahrain Bay has been automatically entered into the overall International awards which takes place in London on 26th November, to ultimately recognize the world's finest property companies.
Speaking on this recent achievement, Bob Vincent, CEO, Bahrain Bay, said, "We are delighted to have been awarded the title of best mixed use development in the Middle East. The fact that Bahrain Bay earned not one, but two of these most converted tributes shows Bahrain not only competes with the best in Middle East real estate, but also prevails in this highly competitive property arena. The award affirms Bahrain Bay's promise to deliver exceptional quality in unparalleled surroundings. The fact the BBD has been judged to be the best development in the Middle East amongst such other quality projects is a huge achievement for our team and one that we are exceptionally proud of."
Abdulla Al Doseri, Deputy CEO, Bahrain Bay, said, "This is the third major industry award Bahrain Bay has received in the past two years. Last year we were recognized at the 5th Annual Construction Week Awards, where the development was shortlisted for "Developer of the Year" and was runner up for the "Supreme Judges Award". This ongoing recognition is a testament to the hard work of the Bahrain Bay team and the Bahraini Government who have remained committed to the project from the beginning and whose unwavering support has seen the development become the success it is today."
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About Bahrain Bay Development B.S.C.(c) (www.bahrainbay.com)
Bahrain Bay is a $2.5 billion mixed-use waterfront development set off the north-eastern shore of Manama, Bahrain. Construction on the project began in June 2006. The development offers an ideal location based upon an unparalleled master-plan, projecting a living and working population of between 25,000 to 30,000 people designed for the very best in 21st Century living.
Designed by Skidmore, Owings & Merrill, a world leading architecture and urban design firm based in New York, the master-plan for Bahrain Bay emphasizes a fusion of neighbourhoods, open spaces, entertainment, retail and commercial areas which will serve as a symbol of Bahrain's promising future. The community is anchored by three key developments: the Kingdom's only Four Seasons Hotel; CapitaLand's first GCC development, Raffles City Bahrain; and the new headquarters building for Arcapita Bank, the leading international investment firm and lead investor in the project.
Committed to establishing and maintaining a new standard of urban centre, Bahrain Bay brings fresh energy to Bahrain, combining diverse components and contrasting elements into an authentic and welcoming destination.
For further information please contact the Bahrain Bay sales centre: +973 17505555
www.bahrainbay.com
For further information, please contact:
Gene Redelinghuys
Bahrain Bay Development B.S.C.(c)
gredelinghuys@bahrainbay.com
Tel: + 973 17505555
© Press Release 2010
