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Cluttons inks major Bahrain project leasing deal

MANAMA, November 14, 2018

Cluttons Middle East, a part of Savills Group, has announced a new leasing deal in Fakhro Tower, one of the key commercial office buildings in Manama, that boasts a prime location (opposite Bahrain City Centre Mall) with coastal and city views.

The property is one of the most sought after commercial office buildings in Manama, with Cluttons ME now appointed the sole property manager and exclusive leasing agents.

Prominently situated opposite Bahrain City Centre Mall on the Sheikh Khalifa Highway, close to local amenities including retail and restaurants, Cluttons ME is handling the offering of commercial spaces for lease, as well as a comprehensive facilities management service, plus full marketing and PR for the landmark property.

This impressive addition to the portfolio follows Cluttons ME’s acquisition by the global brand, Savills, one of the world’s leading real estate firms.
 
Since taking over the management of the Fakhro Tower, Cluttons ME has already leased out 350 sqm of commercial space, with ongoing discussions on a further two large offices.
 
Commenting on the agreement, Leanne Lobo, Bahrain’s head of agency, said: "We are pleased to have made an immediate impact to leasing of Fakhro Tower offices under the Savills brand. The long-term regional expertise of the Cluttons ME team, combined with the additional strength of the international Savills service offering, has contributed to this successful agreement."

"The state-of-the-art finishing and amenities at Fakhro Tower are ideally suited to businesses and organisations requiring high-end commercial office space. With a prime location, coastal and city views, plus attractive rental figures and terms, Fakhro Tower serves as the benchmark for those seeking an office in the heart of Bahrain," he noted.
 
"The building provides exceptional quality including comprehensive amenities, industry leading parking allocation, luxurious reception and common areas, while larger organisations can take advantage of the opportunity to lease full floors or even multiple floors. Each level is serviced by four high speed passenger elevators, dedicated servicer and car park elevator," he added.

Suites start at 127sqm, with up to four suites per floor, including 204 sq m, 208 sq m and 285 sq m spaces, it stated.

Given its iconic location, Fakhro Tower is ideally placed for businesses looking to maximise visibility and exposure in a popular business district.-TradeArabia News Service




Tags: Cluttons | Leasing | Bahrain project |

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