Bahrain Marina Development Company, the master-developer of Bahrain Marina, a waterfront project on Manama’s eastern waterfront, has appointed CBRE Bahrain, a leading real estate asset manager, to operate and manage the retail units within the project, as well as develop a comprehensive leasing strategy that includes the optimal mix of brands, commercial area planning and occupancy strategies.

Bahrain Marina features 128 retail units  comprising high-end outlets, international restaurants, and world-famous cafes.

Strategically located on the east coast of Manama, Bahrain Marina is an exceptional waterfront project being set at an investment of BD200 million ($527 million).

Spread over a 250,000-sq-m area, the development includes luxury residential facilities, a state-of-the-art marina, and a five-star hotel.  The project also includes a commercial complex, a yacht parking lot, and a vast marine club on an area of 3,200 sq m that offers recreational activities and marine programmes that contribute to enhancing the tourism sector in the kingdom.

The project is one of the most prominent new waterfronts that are reshaping the shopping, tourism and entertainment scene in the heart of Bahrain’s capital Manama.

Under the agreement, CBRE Bahrain will manage the day-to-day operations of commercial facilities and develop an innovative leasing plan that includes tenant quality identification and commercial distribution map, balancing retail, hospitality and complementary services.

Bahrain Marina Development pointed out that the appointment of CBRE Bahrain represents a pivotal step towards enhancing the commercial value of the components of the Bahrain Marina project, and laying solid foundations for a distinguished shopping experience in the kingdom, it stated.