ARGAN receives Best International Retail Developer Award at International Property Awards

Progressing from their regional win at the Arabian Property Awards, held in Dubai in November, 2015, ALARGAN International Real Estate Company received international recognition at the recently held International Property Awards in London. One of the most important global property events of the year, ALARGAN was awarded Best International Retail Developer for its new mixed-use development in

  
ARGAN receives Best International Retail Developer Award at International Property Awards
20 December 2015
Argan Village launches in Bahrain under auspices of Bahraini Municipal Minister
Progressing from their regional win at the Arabian Property Awards, held in Dubai in November, 2015, ALARGAN International Real Estate Company received international recognition at the recently held International Property Awards in London. One of the most important global property events of the year, ALARGAN was awarded Best International Retail Developer for its new mixed-use development in Bahrain, ARGAN Village.

At a glittering award gala dinner held on the 7th of December in the London Marriott Hotel Grosvenor Square,  in the attendance of an international array of award winning property developers, respected VIPs, government officials, and media persons, ALARGAN was awarded for ALARGAN Village due to the project's defining architecture and overall community offering as a mixed used property.

Located in the Saraya (Bu Quwa) area of Bahrain, ARGAN Village is an urban village mixing modern and traditional Bahraini style, offering residents across the country a redeveloped public garden surrounded by retail and food offerings in a unique setting where individuals and families can spend the entire day in a relaxing, friendly atmosphere. The development is sure to become an iconic center of Bahrain, offering a calendar of events unseen on the island before.

ALARGAN was chosen to receive the award for the property amongst strong competition of a wide range of leading property developers from across the world by 70 experts covering every aspect of the real estate industry.

Meanwhile, on the same day in Bahrain, ALARGAN officially launched ARGAN Village in the presence of His Excellency the Governor of the Northern Province in Bahrain, Mr. Ali Bin Sheikh Abdul Hussain Al Asfour, a number of senior officials in the ministry, VIP guests and the local media.

Promising a sophisticated new lifestyle choice, ARGAN Village is an important recreational project located in the northern governorate built to serve the modern urban area, home to thousands of citizens and residents.

Commenting on the launch, the Minister of Works and Municipal Affairs and Urban Planning in Bahrain, Mr. Essam Bin Abdullah Khallaf stressed that the ARGAN Village garden redevelopment is an important recreational project in the northern governorate, impacting the lives of thousands of nearby residents.

Khaled Al-Meshaan, CEO and Vice Chairman of the Board of Directors of ALARGAN International Real Estate Company, commenting on both the award and timely launch of the development, expressed pride for the company's newest achievement, saying: "Working to meet the ever-shifting needs of communities and cultures, we have taken the time to study and analyze Bahraini culture, to discover its heritage and use this to meet residents' needs.

"We were able to fulfill those needs through our newest and internationally recognized development, ARGAN Village, which was developed with the focus of adding both economic and social values to the Bahraini community. The international recognition is a confirmation of the project's distinct properties and a true testament to its strong competencies. We are incredibly proud to be honored amongst world's finest property companies, and exceptionally pleased to have one of our projects stand out from the rest. This accolade is a major boost to our pursuit of excellence; we will continue working to maximize the interests of our clients, to add values to communities and to be the leader real estate developer."

ALARGAN International Real Estate Company is a leading real estate company based in Kuwait and focused on the development of affordable and middle income housing in the GCC. The company strives to integrate its motto, 'Life... As You Love It', across its projects by creating "live, work, play and savor" environments that present a unique lifestyle experience. The company also endeavors to pass on its sustainability values to the community by including green and energy efficient initiatives in its projects.

The only company in Kuwait to obtain Platinum ranking for the Leadership in Energy & Environmental Design (LEED) program, which is awarded by the U.S. Green Building Council (USGBC), ALARGAN follows a balanced investment strategy, and tries to seize opportunities with stable and superior returns based on the market's investment cycle. Its projects are diverse and located across the Gulf region, including the State of Kuwait, the Kingdom of Saudi Arabia, the Kingdom of Bahrain and the Sultanate of Oman, and cover popular hotels resorts, widely visited shopping and food destinations, large development communities, and middle income level residential housing.

-Ends-

© Press Release 2015


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