Bahrain's Edamah to showcase latest projects at top property expo

MANAMA: Bahrain Real Estate Investment Company (Edamah) has renewed its strategic partnership of the Gulf Property Show.

Edamah, the real estate arm of Bahrain’s sovereign wealth fund, will showcase its latest marquee developments in the kingdom.

The Gulf Property Show is being held under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa from April 14 to 16 at the Bahrain International Exhibition and Convention Centre.

Edamah’s chief executive Amin Al Arrayed commented: “We are delighted to be participating in Gulf Property Show 2020, one 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 visitors and prospective investors.”

He continued: “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-storey Salmaniya car park development, which comes in line with Edamah’s strategy to develop new projects and modernise existing ones in a sustainable and comprehensive manner to meet the needs of citizens in 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 complete with approximately 50 per cent 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 safe for the community to enjoy.

Jubran Abdulrahman, HCE managing director, commenting on Edamah’s participation at Gulf Property Show, said: “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 car park 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 show also carries the strategic organisational support of the Real Estate Regulatory Authority of Bahrain, Survey and Land Regulatory Bureau, Urban Planning and Development Authority of Bahrain, Tamkeen, Bahrain Property Developers Association (BaPDA) and the Industry, Commerce and Tourism Ministry.

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