Monday, December 4, 2017

Noor launches mixed-use project in Bahrain

Noor Enterprises Holding has launched its latest real estate project, ‘The District’, a mixed-use development comprising an office property, extensive retail space and a high-end residential tower, in Bahrain.

Situated on the northern shoreline of Seef, The District will introduce an integrated and self-sustaining community to the market, which reflects the project’s ‘work, shop, stay’ objective, said a statement from leading property expert Savills.

A UK company offering multiple professional real estate services, Savills has been signed up by Noor Enterprises as development consultants for the project.

Its scope of work will primarily include property valuation, development consultancy, market research and property sales and management services.

Savills will also act as the interim-leasing agent for The District Tower which will boast a 14-storey building providing 14,000 sq m of office space with panoramic views of the Arabian Gulf 

Bahrain-based contracting firm Cebarco has already started construction work and the tower will be ready for delivery by the second quarter of 2018, said the statement from Savills.

The District Tower offers a prestigious location alongside the Ritz Carlton Hotel with excellent access to
highways, Bahrain International Airport and the King Fahad Causeway besides a magnificently-luxurious entrance lobby with a 6-m-tall ceiling.

“The District will redefine the northern shoreline of the kingdom by utilising innovative
technologies and offering unparalleled access to world-class services, all while adhering to
principles of universal design,” remarked Shaikha Noor bint Rashid Al Khalifa, the president of Noor
Enterprises Holding.

The key amenities in The District include an unique club level facility, a guest valet parking, ample tenant parking in a secure underground basement besides dedicated 24-hour reception and security services

Also it will have designated floor elevators for privacy and additional security.

Donald Bradley, the chief executive of Savills Northern Gulf, said: "Noor Enterprises Holding has a clear vision and commitment to style, elegance and sustainable living that will attract the most discerning tenants and clients."

"The District represents a new era in work/life integrated living in the GCC," he added.-TradeArabia News Service



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