El Mercado Janabiya ... Bahrain’s first open-air neighbourhood retail centre.

El Mercado Janabiya ... Bahrain’s first open-air neighbourhood retail centre.

First Bahrain gears for ‘exciting’ reveal

April 2016

First Bahrain Real Estate Development Company is returning to this year’s Gulf Property Show, and will be showcasing its neighbourhood retail centre El Mercado Janabiya, in addition to launching an exciting new development – details of which will be revealed at the show.

The neighbourhood market has been built on an open-air elevated platform in Bahrain’s Janabiya area.

“We are very proud to exhibit our latest development, El Mercado Janabiya, at the Gulf Property Show,” says Amin Al Arrayed, CEO of First Bahrain. “The feedback that we have received from the neighbouring residents of Janabiya and Saar as well as prospective tenants has been overwhelmingly positive which encourages and reassures our belief in our new project debuting at the show.”

Due for opening shortly after the exhibition, El Mercado Janabiya will deliver a broad array of vital services and food and beverage options to southern Saar and Janabiya areas. Construction and landscaping are in their final stages of completion with a soft opening scheduled for next month (May). Some 80 per cent of the development is already leased, and the open-air marketplace is expected to become a favourite place to shop and eat with family and friends.

Along with the newest and largest Al Osra Supermarket in Bahrain, the market will feature an elegant ladies’ salon, a classic barber for men, and an educational toy shop.

“El Mercado Janabiya is actively seeking services to complement the existing offerings including a bank, laundry, and optician shop,” says Al Arrayed.

Jubran Abdulrahman, managing director of Hilal Conferences and Exhibitions (HCE), the show’s organiser, says: “El Mercado provides a high-class development from a reputable institution for visitors at the Gulf Property Show. The state-of-the-art development demonstrates the quality First Bahrain delivers in all its projects, creating a memorable lifestyle experience that meets real market needs.”

First Bahrain Real Estate Development Company is a regional real estate developer established in Kuwait which owns or holds rights to over 1 million sq ft of strategically located lands in Bahrain. The company is well known for Majaal, an SME (small and medium enterprises)-focused industrial facilities development at the Bahrain Investment Wharf in Hidd. The $40-million complex includes seven buildings which are fully leased to diverse tenants.

Building on its success in industrial property, First Bahrain expanded into commercial development with El Mercado Janabiya.

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