
FIRST Bahrain, a Kuwait-based regional real estate developer, is expanding its warehouse project at the Bahrain Investment Wharf (BIW) amid increasing demand for logistics warehousing and commercial space for small and medium enterprises (SMEs).
The company has secured additional land at the BIW, taking the total land mass of the project to 716,000 sq ft.
Commenting on the project, Amin Al Arrayed, general manager of First Bahrain, says: “This expansion is in response to sustained demand in the SME sector of the Bahrain market and the enlarged project will substantially increase our logistics facilities, helping to address the kingdom’s current shortage of warehousing.”
The warehouse has been designed by international engineering firm, Tebodin Consultants and Engineers, and will be divided into individual units with an option to combine units to accommodate larger tenants’ needs.
Upon completion in 18 months, the warehouse will offer 200 units for lease from 800 sq ft upwards. The first batch of warehouses is due to be delivered in nine months.
In addition to the physical warehousing space, the development will offer a range of value-added services, including a 24/7 security service, state-of-the-art ICT provision, assistance on efficient design and use of space.
The small to medium, modern and safe warehousing spaces can be used solely for storage, or as a combined storage facility/office, ideal for encouraging start-ups and smaller companies, and in allowing existing companies to expand.