Manama, Bahrain: Bahrain Real Estate Investment Company (Edamah) have renewed their strategic partnership of the Gulf Property show.
Edamah, the real estate arm of the country’s sovereign wealth fund of Bahrain will be showcasing its latest marquee developments in the Kingdom of Bahrain.
Edamah’s CEO, Amin Al Arrayed commented: “We are delighted to be participating in Gulf Property Show 2020, one of the Kingdom of Bahrain’s leading real estate events, which provides the ideal platform to network with key industry players as well as showcase Edamah’s latest projects and developments to attendees and prospective investors.”
He continues “During the show, Edamah will be exhibiting key projects in its growing real-estate portfolio, including the Sa’ada Waterfront development, Bilaj Al Jazayer and the multi- story Salmaniya Carpark development, which comes in line with Edamah’s strategy to develop new projects and modernize existing ones in a sustainable and comprehensive manner to meet the needs of citizens in the Kingdom of Bahrain.”
The Sa’ada project which brings the sea back to Muharraq is marketed as a fully accessible public waterfront development with shaded terraces and commercial outlets enhanced by convenient parking, the project’s construction is now completed with approximately 50% of commercial units leased.
Edamah is also transforming one of Bahrain’s oldest landmarks, Bilaj Al Jazayer, into a prime destination, in order to create a wholesome public space that is a safe for the community to enjoy.
Jubran Abdulrahman, HCE Managing Director commenting on Edamah’s participation at Gulf property Show: “We are honoured to have the support of Edamah as a strategic partner. They are a key driver in ensuring that Bahrain’s developments are in alignment with the 2030 vision, by developing and enhancing Bahrain’s real estate potential while contributing to elevating the facilities that improve the daily lives of citizens within the Kingdom. This practical contribution can be seen in the new The Terminal car park in Adliya as well as the Salmaniya Carpark Development which is launching this year. This welcome project will relieve the congestion around the medical complex by providing 600 parking slots for both staff and visitors”
The Gulf Property Show is held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, Prime Minister of the Kingdom of Bahrain. The Show which will take place from the 14-16 April 2020 at the Bahrain International Exhibition Centre. Also carries with it the strategic organizational support of the Real Estate Regulatory Authority of Bahrain (RERA), Survey and Land Regulatory Bureau (SLRB) Urban Planning and Development Authority of Bahrain, Tamkeen, Bahrain Property Developers Association (BaPDA) and the Ministry of Industry, Commerce and Tourism.
-Ends-© Press Release 2020
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