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BizBahrain Magazine Nov-Dec 2017

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CBRE | Real Estate Analysis<br />

BAHRAIN BAY’S<br />

STEADY RISE AS THE NEW<br />

FOCAL POINT OF THE CAPITAL<br />

Heather Longden<br />

Associate Director - CBRE Bahrain<br />

Bahrain Bay is an ambitious master<br />

plan project off the north coast<br />

of Manama, which effectively<br />

extends the country’s capital, providing a<br />

next generation focal point for Manama.<br />

The reclaimed land spans circa 430,000<br />

square metres and is gradually being<br />

developed with commercial, mixed<br />

use, retail, hospitality and residential<br />

projects along with public minded<br />

common facilities and services.<br />

The Bahrain Bay master plan<br />

already houses: Arcapita building,<br />

which is occupied by Arcapita, Bahrain’s<br />

Economic Development Board, as<br />

well as other prominent institutions,<br />

ABG Towers, which accommodate<br />

the namesake, Al Baraka Group<br />

headquarters, as well as providing<br />

additional office space for lease to<br />

external parties, Four Seasons, five star<br />

hotel and a stand out landmark, who are<br />

currently constructing a private beach<br />

for guests, and the Wyndham Grand<br />

62 <strong>Nov</strong>ember-<strong>Dec</strong>ember <strong>2017</strong>

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