$300m Bahrain Bay mixed-use project launched

  • Share via facebook
  • Tweet this
  • Bookmark and Share
Bahrain Bay

Bahrain Bay

Nama International Real Estate, a subsidiary of Kooheji Global Holding, has launched its $300m mixed-use project in Bahrain.

KGH Tower, which is situated at Bahrain Bay, will be developed in two phases, according to Kooheji Global Holding’s managing director, Tariq Al-Kooheji.

Phase will consist of a four-star hotel with around 175 keys, 120 luxury serviced apartments and high-end commercial office space complemented by a retail zone with multi-storey car park space.

Phase 2 will develop a  five-star hotel comprising of around 240 rooms, Hotelier Middle East reported.

The announcement took place during the signing ceremony at the head office of the Bahrain Bay Development Company between Nama International Real Estate and Bahrain Bay Development.

In a statement, Al-Kooheji said: “We have started communicating with top international hotel brands and operators to be our partners, and overall paid careful thought and consideration to make sure that the project will be developed based on the highest international design standards catering to the growing needs of the hospitality and commercial sectors in the kingdom of Bahrain."

Abdulla Al-Doseri, deputy CEO of Bahrain Bay Development, added: “We are very happy about our partnership with Kooheji Global Holding through their real estate arm, Nama International, and believe that the project chosen by them will be among the landmark projects at Bahrain Bay, a waterfront community that is designed at offering a high-end lifestyle of international standards to meet the needs of commercial, corporate, investment, banking and leisure sectors."

Related:
Topics
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: Haveyoursay

This will be excellent for Bahrain. I will be keeping an eye out for the company who will be assigned to perform the PM.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Time to invest?

Time to invest?

Foreign investors are seeing Qatar as an ideal place to purchase...

1
Heading for a correction?

Heading for a correction?

Property prices may have held relatively steady in Lebanon during...

1
Emaar's 'city of the future' explained

Emaar's 'city of the future' explained

The Iraqi city of Erbil is aiming to build on Dubai’s rapid march...

1
Most Discussed