Edamah Shines at Cityscape Bahrain with New Investment Platform and Strategic Partnerships

Manama, Bahrain – Edamah, the real estate division of Bahrain Mumtalakat Holding Company, made waves at Cityscape Bahrain, a key event in the region’s real estate calendar. The company introduced an innovative interactive investment platform while also cementing several strategic partnerships that promise to redefine the landscape of real estate investment in Bahrain.

Edamah’s Role in Bahrain’s Real Estate Sector

During the event, Mr. Khaled Abdulrahman AlMajed, Edamah’s CEO, participated in a panel discussion titled “Unlocking Bahrain’s Real Estate Potential: A Comprehensive Market Overview.” In his talk, he emphasized Edamah’s multifaceted role in development, asset management, property management, and advisory services. AlMajed positioned Edamah as a crucial partner for private sector collaboration, underscoring the company’s commitment to enhancing the appeal of Bahrain’s real estate market to both domestic and international investors.

The Launch of an Interactive Investment Platform

At Cityscape, Edamah unveiled a groundbreaking investment platform designed to give investors better insights into its diverse property portfolio. This user-friendly digital tool provides essential information, including zoning specifications and intended land use, creating a seamless experience for users investigating prime investment opportunities across Bahrain.

The platform not only aims to stimulate real estate investments but also contributes to the sustainable economic growth of the Kingdom. By fostering thriving communities, Edamah positions itself as a leader in promoting Bahrain’s real estate potential.

Strengthening Ties with Financial Institutions

In a notable move, Edamah has fortified its relationship with the financial sector by signing partnership agreements with AlBaraka Bank and Khaleeji Bank. These partnerships focus on offering Shari’a-compliant financing options for residential developments within Tivoli Residences, a prestigious five-star project situated in the upcoming Bilaj Al Jazayer waterfront community. Such initiatives highlight Edamah’s strategy to engage private sector partners to realize impactful projects that align with national priorities.

Joint Development Opportunities with Kanoo Real Estate

Additionally, Edamah has signed a Memorandum of Understanding with Kanoo Real Estate, part of the Yusuf bin Ahmed Kanoo Group. This collaboration aims to explore joint development opportunities that meet community needs and support Bahrain’s economic objectives. These partnerships signify Edamah’s commitment to fostering collaboration and achieving long-lasting value for the Kingdom.

Mr. AlMajed remarked on the positive responses from investors and partners during the event, noting that it reflects growing confidence in Bahrain’s strategic direction and the quality of the investment opportunities presented.

Spotlight on Tivoli Residences

A standout feature of Edamah’s portfolio showcased at Cityscape is Tivoli Residences, a cornerstone of the Bilaj Al Jazayer development. This extensive project, set to cover 1.6 million square meters, promises a lifestyle of luxury living with international hospitality standards. Designed to be completed by 2026, Tivoli aims to set a benchmark for coastal living in Bahrain, offering an array of modern-style, fully furnished apartments paired with premium Tivoli services.

The new phase of luxury apartments has garnered significant attention from both investors and residents, thanks to its prime location along Bahrain’s picturesque sunset beach, combining style, comfort, and convenience.

About Edamah

Bahrain Real Estate Investment Company (Edamah) operates as the real estate arm of Bahrain Mumtalakat Holding Company, which serves as the sovereign wealth fund of Bahrain. Established in 2006, Edamah focuses on managing and expanding a diverse portfolio of real estate assets in the Kingdom. With a commitment to quality, efficiency, and sustainability, Edamah adheres to the highest standards of transparency and corporate governance, working actively to transform Bahrain’s dynamic property sector. Its portfolio includes ventures in leisure, entertainment, and industrial developments.

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• Amy Vaya
• Perceptions
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