CBRE exclusively appointed by Bahrain’s FGF as property manager of new Future Generation Reserve Tower

  • Date: 09-Jan-2024
  • Source: Biz Bahrain
  • Sector:Real Estate
  • Country:Bahrain
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CBRE exclusively appointed by Bahrain’s FGF as property manager of new Future Generation Reserve Tower



Global real estate advisor CBRE has been exclusively appointed by Bahrain’s Future Generation Reserve Fund (FGF) as property manager and leasing consultant of the Future Generation Reserve Tower.   Strategically located on the waterfront, overlooking Bahrain Financial Harbour and Bahrain Bay, the Future Generation Reserve Tower is a 38-floor mixed-use high specification development with a gross built area of approximately 63,000 square metres on a plot area of 12,000 square metres. The under-construction property will provide office space, F&B outlets, dedicated car parking and other modern facilities. The tower is set to become a new financial icon for Bahrain as the headquarters of the Future Generation Reserve Fund and will lead the way in sustainability as a registered project for LEED certification. As well as accommodating key government entities, the remainder of the prime office space will be available to private entities for lease.The property and facilities management agreement was signed by H.E. Yusuf Abdulla Alhumood, FGF Board Deputy Chairman & Financial Affairs Undersecretary at Bahrain’s Ministry of Finance and National Economy and Richard Botham, Senior Director & General Manager of CBRE Bahrain. The signing ceremony was also attended by H.E. Shaikh Ali Salman Alkhalifa, CEO of Future Generation Reserve, Ahmed Abdulaziz Alhamar, Director