Global real estate advisor, Savills, and Bahrain World Trade Center announced today that they have agreed an exculsive appointment. As a result, Savills will take over the property management, leasing, facilities management and marketing, covering the entire retail and commercial portfolio of Bahrain’s premier landmark property. This includes the state-of-the-art office towers and MODA Mall, Bahrain’s only luxury shopping and dining destination.
Located prominently next to the King Faisal Highway, Bahrain World Trade Center is Bahrain’s iconic business and commercial property address, including MODA Mall, location of many of the worlds most famous fashion and retail brands, providing a unique customer experience all year round. The new partnership is announced at a time when international occupiers are increasingly looking for iconic buildings within the Central Business District of Bahrain.
Paul Nathan, Head of Real Estate Management for Bahrain World Trade Center and MODA Mall described the reasons for partnering with Savills: “Savills has 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.”
Commenting on the milestone agreement, Savills’ Head of Northern Gulf, Harry Goodson-Wickes said: “Bahrain World Trade Center 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. Savills currently manages over 1.9 billion square feet of property globally, including skyscraper management, sustainability, retail and corporate occupier solutions.
Savills is a UK listed firm, established in 1855 with a global office network of over 600 wholly owned and associate offices employing more than 35,000 people in over 60 countries.