Seef Properties-BBK sign Al Liwan lease agreement

MANAMA: Seef Properties has signed a leasing agreement with BBK, whereby the bank will open a branch in the Al Liwan project in Hamala.

The project is a development by Lama Real Estate, a Seef Properties joint venture.

Expected to open in the next few months, this will be the bank’s 22nd branch in Bahrain.

Commenting, Seef Properties chief executive Ahmed Yusuf said: “We are glad to welcome BBK to Al Liwan. This agreement reflects Seef Properties’ keenness on attracting the most prestigious financial institutions, with the aim of meeting residents and visitors’ financial needs, as well as providing the best shopping experience. It also translates the importance of Al Liwan as an attractive project for major commercial companies and financial institutions wishing to expand their business in the kingdom.

On his part, BBK Group chief executive Dr Abdulrahman Saif stated: “Our decision to open a new digital branch in Al Liwan comes after we studied the project, which is different from others in the kingdom, especially in the Northern Governorate where we have seen an increasing demand for all types of banking and non-banking services.”

Occupying 122,000sqm, Al Liwan overlooks the Wali Al Ahd Highway and features a blend of shops, restaurants, coffee shops, sports and entertainment destinations, including a seven screen cinema and an all-inclusive gym.

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