Seef Properties looks to double its business

Bahrain firm's expansion plans include acquisitions and developing existing assets
Seef Properties looks to double its business
By Staff writer
Sun 07 Sep 2014 01:14 PM

Bahrain-based mall operator Seef Properties is planning to double its business in the next two years, with multi-million dollar expansion plans.

The operator outlined its ambitious expansion strategy for the next five years, with a combination of acquisitions and developing existing assets in Bahrain, according to its general manager, Robert Addison, speaking to Gulf Daily News.

The company’s current project, a 70,000 square metre mall in Muharraq, is due to open next November at a cost of $53m (BD20m).

The joint venture with Muharraq Mall Company will be anchored by Geant Hypermarket and a 14-screen cinema complex operated by Dubai-based Grand Cinemas.

The company has also recently reopened its Magic Island indoor theme park at Seef Mall, after a $7m refurbishment.

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