Search by Popular Categories


  • Consumer

  • Commercial

  • Construction

  • Industrial

  • Oil & Gas

  • DIAMOND SPONSOR

CONSTRUCTION NEWS

Savills wins BWTC, Moda Mall management contract

Mar 10, 2019 12:24 PM

Global real estate advisor Savills said it has secured a major management services contract from Bahrain World Trade Centre (BWTC) the kingdom s premier landmark property. Located prominently next to the...

Global real estate advisor Savills said it has secured a major management services contract from Bahrain World Trade Centre (BWTC), the kingdom’s premier landmark property.

Located prominently next to the King Faisal Highway, BWTC is Bahrain’s iconic business and commercial property address, including Moda Mall, location of many of the world's most famous fashion and retail brands, providing a unique customer experience all year round.

As per the deal, Savills will provide property management, leasing and facilities management and marketing services, covering its entire retail and commercial portfolio which includes the state-of-the-art office towers and Moda Mall, Bahrain’s only luxury shopping and dining destination.

The new partnership comes at a time when international occupiers are increasingly looking for iconic buildings within the Central Business District of Bahrain.

Paul Nathan, the head of real estate management for BWTC and Moda Mall described the reasons for partnering with Savills. "They have an experienced regional team backed up by global specialists. It’s important for us to work with a global market leader who can guide us on how to best position the asset to the latest international standards," he stated.

On the milestone agreement, Savills’ head of Northern Gulf Harry Goodson-Wickes said: "BWTC is one of the best commercial and retail spaces in the Middle East and we look forward to providing our best in class property services to local and international occupiers of BWTC and Moda Mall."

The announcement comes as Savills, one of the world’s leading real estate firms, progresses its ambitious growth strategy for Bahrain and the wider Middle East region, stated Goodson-Wickes.

Savills, which was established in 1855, currently manages over 1.9 billion sq ft of property globally, including skyscraper management, sustainability, retail and corporate occupier solutions.

A UK-listed firm, Savills has a global office network of over 600 wholly-owned and associate offices employing more than 35,000 people in over 60 countries.-TradeArabia News Service

Premium Partners - construction

CONSTRUCTION NEWS

Bahrain Housing Ministry to offer more e-services Aug 21, 2019 10:22 AM

Bahrain s Housing Minister Bassim bin Yacub Al-Hamar said that all...

Plan to expand health centres in Bahrain Aug 20, 2019 08:38 AM

Bahrain s Cabinet has reviewed a memorandum submitted by the Minister...

KFH-Bahrain in consumer financing deal for Golden Gate Aug 18, 2019 15:45 PM

Kuwait Finance House a leading Islamic bank in Bahrain is collaborating...

CBRE appointed manager for AXA Building in Bahrain Aug 18, 2019 10:17 AM

CBRE a global real estate advisory firm has been appointed as leasing...

Savills launches revamped apartments in Bahrain Aug 18, 2019 09:53 AM

Savills a global real estate services provider has announced the...

Bahrain’s Tender Board holds process workshop Aug 8, 2019 12:03 PM

Bahrain s Tender Board recently conducted a workshop for Ministry...