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Bahrain Real Estate News

Manara awards $4mn project contract to Great Lakes -11/6/2009
Manara Developments, a Bahrain-based developer has awarded the $4mn reclamation works contract to Great Lakes Dredge & Dock Company, an international contractor.

Manara, Chase Perdana, to develop Investment Park at Al Hidd -28/5/2009
A Bahrain-based real estate development company, Manara Developments, has signed an agreement with Chase Perdana, a leading Malaysian construction firm, for developing Investment Park at Al Hidd City.

Ahad Holdings officially launches Le Reef development -28/5/2009
Ahad Holdings yesterday officially launched their renowned $100mn freehold Le Reef development.

Bahrain property sector shows signs of recovery -23/5/2009
The Bahrain property market has seen positive signals during the past couple of weeks, and the investors can now expect an annual return between 8 to 10 percent, according to a property developer.

Nurana project receives eco-approval -21/5/2009
Manara Developments, the Bahraini developer, has announced that it has obtained the requisite environmental approvals for development of Nurana project in the Kingdom of Bahrain.

Work on Marina West progressing as scheduled -21/5/2009
Marina West in Bahrain has confirmed that its high-rise beachfront residential and community lifestyle project is progressing as scheduled, and has hardly been affected by the global economic turmoil.

Abraj Al Lulu development all set to welcome its first residents -21/5/2009
The iconic BD95m Abraj Al Lulu development in Bahrain is now ready to welcome its residents, the developers disclosed yesterday.

New land law gains acceptance of MPs -13/5/2009
Bahrain MPs have approved all of the amendments of the Shura Council to a highly anticipated new land acquirement law.

Durrat Marina work progressing as scheduled -13/5/2009
The management of Durrat Marina has announced that work is progressing as scheduled on all phases of the project, within their planned time frame.

Real Estate Expo in Bahrain highly successful -3/5/2009
The organizers of the third International Real Estate Exhibition held at the Diplomat Radisson SAS Hotel, Residence and Spa, have said that the expo has far exceeded their expectations.

Lack of expertise may hit construction sector, warns expert -29/4/2009
Lack of proficiency in the construction industry will pose a threat to completion of projects and may delay the projects in Bahrain, an expert has warned.

First Bahrain commences work on warehousing project -29/4/2009
The leading innovative regional developer, First Bahrain, today held a groundbreaking ceremony for Bahrain Investment Wharf (BIW), its 716,000 square feet logistics and warehousing project.

Le Reef construction contract awarded to Al Sharooq -29/4/2009
The construction contract for $100mn real estate development, Le Reef, has been awarded to Al Shorooq Contracting Company by Ahad Holdings.

Manama Council backs-out of Seef project row -21/4/2009
The Manama Municipal Council withdrew itself from a row over a multi-million dinar project in Seef, provided, the developer offers housing for nearby villagers and reduces it to a quarter of its original height.

Diyar Al Muharraq wins international recognition -21/4/2009
Diyar Al Muharraq has been highly appreciated in the British Expertise International Awards, and has been recognized as the Major Consultancy Project of the Year.

Bahrain Bay project, well on-track -18/4/2009
The landmark waterfront community in Bahrain, namely the Bahrain Bay Development, located in the heart of Manama, has announced that the development is progressing as scheduled, despite the global financial crisis hitting the nation.

BIPEX 2009 property show announced -15/4/2009
The sixth edition of major properties and real estate show, namely the BIPEX 2009 (Bahrain International Property Exhibition), organized by Bahrain Society of Engineers (BSE) will be held from 14th to 16th October 2009 at the Bahrain International Exhibition and Conference Center.

Bahrain property market plunged 75 percent in Q4 2008 -15/4/2009
According to a top property expert, the real estate market in Bahrain has met with serious decline, with the annual demand for residential properties dipping by almost 75 percent between September and December 2008.

Diyar Al Muharraq unveiled to public at Bahrain City Center -15/4/2009
One of the biggest mixed-use developments in Bahrain, the Diyar Al Muharraq has been unveiled to the general public at the Bahrain City Center, this week.

Tameer freezes $135m worth tender expecting drop in costs -11/4/2009
Tameer has announced its decision to postpone bids for $135m office block development in Bahrain, due to high contractor fees.

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