Global real estate advisor CBRE has been appointed by Bahrain National Holding (BNH) to exclusively manage and lease two key properties: the BNH Tower in Seef District and a commercial building in Sanad, which also houses a branch of BNH’s subsidiary, bni.
Located in the heart of Seef District’s commercial hub, BNH Tower offers modern office spaces spanning approximately 5,000 square metres, with a typical floor plate of 530 square metres. The 10-storey building provides 115 parking spaces across its ground and first floors for tenants and visitors.
The commercial building in Sanad, situated just off Estiqlal Highway, features six storeys with around 2,980 square metres of office space and a typical floor plate of 460 square metres.
Raed Fakhri, Group Chief Executive Officer of BNH, stated: “We are pleased with our new partnership with CBRE. We believe CBRE will bring value to our real estate assets, and support us in achieving our strategic investments objectives. Our properties are in premium locations in the Kingdom of Bahrain and they can now benefit from CBRE’s network and expertise.”
Richard Botham, Senior Director and General Manager at CBRE Bahrain, added: “We are very pleased to have been appointed to manage these two key assets for BNH. The properties are well situated – with BNH Tower in the CBD and a commercial building in a logistically well-placed out-of-town location. We look forward to working with our client as property managers and leasing strategists to support and advise on providing best practice in the operation of the property and offering the best level of service available to tenants.”