GFH real estate to present Landmark GCC developments to investors at Dubai Cityscape Global 2016

Press release
Published August 31st, 2016 - 05:18 GMT
Mr. Majed Al Khan, CEO of GFH Real Estate
Mr. Majed Al Khan, CEO of GFH Real Estate

GFH Real Estate (GFH RE), today announced that it will participate at this year’s 15th Cityscape Global being held in Dubai between 6 to 8 September 2016 at the Dubai World Trade Centre, while showcasing a number of its new landmark GCC-based development projects.

GFH Real Estate projects to be featured at the event are the Harbour Row residential project and the adjoining Harbour North commercial and retail area in the Kingdom of Bahrain. Harbour Row will include six buildings in total comprising of 450 residential units and retail area supported by full leisure and commercial facilities being developed in the adjacent Harbour North located in prime waterfront areas of the Bahrain Financial Harbour (BFH). Moreover, GFH is going to update the market with its recent endeavors to recommence works in the flagship USD700mn project Villamar @ the Harbour.

GFH RE will also be showcasing its newly announced California Village. California Village is planned to be a vibrant new residential community with state-of-the-art facilities and a full range of services and amenities within a pedestrian oriented environment. California Village will comprise of the California Residences and Heights that include 234 villas in addition to more than 150 highly specified apartments.

Commenting, Mr. Majed Al Khan, CEO of GFH Real Estate, said, “With the launch of GFH Real Estate, a specialist subsidiary of the Group, we continue to build our development capability and our focus on bringing to market exciting and new landmark projects like Harbour Row and Harbour North. We are delighted to be taking part in Cityscape once again and presenting our GCC based projects to visiting investors, corporates and end-users. GCC real estate markets, both in Bahrain and the UAE where our projects are based, remain buoyant and provide for strong opportunities – be it for investors or potential occupiers. We have already generated significant interest from the market in these projects and are looking forward to building further knowledge and interest and continuing to successfully progress our plans for these and additional projects both those underway and in development.”

GFH RE projects will be presented at Cityscape by a delegation of its senior management team headed by the head of its newly created real estate subsidiary and investment arm, GFH Real Estate, Mr. Majed Al Khan, and executive members of the GFH real estate and placement teams who will be on hand to share opportunities with prospective investors and strategic partners.

The three day forum is set to welcome some 4,000 visitors to include financial institutions, institutional investors and high-net-worth individuals active in the real estate markets of the GCC and globally.  

Background Information

Gulf Finance House

GFH is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record. Headquartered in Bahrain, GFH’s innovative approach to Islamic investment banking services has been recognised internationally for over a decade. GFH has developed a strong and consistent ability to identify, successfully bring to market and capitalise on a wide range of solid investment opportunities in some of the world’s most dynamic markets and sectors. This approach signifies the Group’s investment insights and commitment to increase the value of its assets, and financial returns to its investors and shareholders.

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