Bahrain real estate remains resilient say experts

Bahrain real estate remains resilient say experts

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Bahrain’s real estate sector is strong and resilient and will continue to grow in the years to come, real estate leaders of the kingdom said at the Gulf Property Show’s roundtable yesterday.

Moderated by event organiser Hilal Conferences and Exhibitions (HCE) Exhibitions Director Ahmed Suleiman, the discussion featured Amin Al Arrayed, Chief Executive of Bahrain Real Estate Investment Company (Edamah), Majid Al Khan, Executive Board Member of Infracorp, and Aref Hejres, Chairman of Bahrain Property Developers Association (BaPDA), a Gulf Daily News report said.

Al Khan said: “It is important for Bahrain’s real estate future that we ensure that there is greater connection across the real estate sector. It is not only about synergistic thinking to meet the needs of the citizens of Bahrain but also about connecting projects in their purpose. We are putting this in to action by joining the developments across the water of Harbour Row with The Avenues.”

Edamah, the real estate arm of Bahrain’s sovereign wealth fund Mumtalakat, faces the challenge of adding value to the destination creation for Bahrain.

“Edamah has strongly aligned with the government’s long-term vision and Bahrain’s Economic Recovery Plan. We have put into place projects which add value to Bahrain as the destination to