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Majaal to be strategic logistics sponsor at Gulf Industry Fair 2011
Majaal, the first warehousing and logistics company in the Gulf region focused on serving small and medium-sized enterprises (SME), has signed an agreement with Hilal Conferences & Exhibitions (HCE) to be the strategic Logistics Sponsor for the fourth Gulf Industry Fair (GIF) in Bahrain next year. (Read More)
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Majaal Facilitates Foreign Direct Investment Into Bahrain With New Tenancy
Manama, 8 June 2010: First Bahrain, an innovative real estate developer, through its inaugural project Majaal, has helped to facilitate the establishment in Bahrain of GULF POLYTEX, a new company formed through foreign direct investment in Bahrain. In choosing to locate its regional manufacturing operations at the Majaal warehousing and logistics complex, GULF POLYTEX satisfied a key government requirement which enabled it to receive its commercial registration and industrial licence. The newly established company will begin operations in Bahrain this month. (Read More)
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First Bahrain's Majaal Attracts Anchor Tenant
Manama, 19 April 2010: First Bahrain, an innovative regional real estate developer, announced the signing of a prime tenancy agreement with Pods Bahrain, making them anchor tenant for the first phase of Majaal, the region’s first Small and Medium Enterprises (SME)-focused warehousing and logistic development designed to service Bahrain’s industrial sector at Salman Industrial City. Pods Bahrain, a manufacturer of pre fabricated high quality bathroom and kitchen units in Bahrain and the GCC, will move its headquarters to Majaal’s premises, occupying 4000 sqm of the state-of-the-art facilities. (Read More)
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Al Khaleej Development Co. (Tameer) Signs as First Tenant in Majaal
First Bahrain, an innovative regional real estate developer, has welcomed Al Khaleej Development Co. (Tameer) as the first tenant in its inaugural warehousing and logistics project, Majaal. Al Khaleej Development Co. (Tameer) will occupy its new storage facility at the Kingdom’s first small to medium enterprises (SME)-focused warehousing and logistics facility located at the Bahrain Investment Wharf, in February 2010. (Read More)
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Majaal Phase 1 Construction Complete
Manama, 11th January 2010: First Bahrain, an innovative regional real estate developer, announced today the opening of the first phase of its inaugural USD 45 million logistics development, Majaal, with all construction on the project complete. The facility, located within the Bahrain Investment Wharf (BIW), is now ready for tenants to move in and occupy its state-of-the-art storage spaces. The announcement comes in the wake of the launch of the Salman Industrial City, which is expected to bring nearly USD 8 billion worth of investments to the Kingdom in Bahrain in the next few years. (Read More)
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Majaal Warehousing Company Takes Best industrial Property At 2009 Gulf Real Estate Awards
Manama, 18th November 2009: First Bahrain's Majaal Warehouse Co., an SME-focused warehousing and logistics project at the Bahrain Investment Wharf, last night won the Best Industrial Development at the 2009 GRE Awards for Excellence in Real Estate. The award was given for Majaal‘s significant contribution to the development of the Kingdoms real estate and warehousing sector, as well as for the key role it plays in stimulating the economic growth of Bahrain, despite the global economic turmoil. The prestigious award was presented at a ceremony held at the Crowne Plaza Hotel yesterday as part of the 2nd Annual Gulf Real Estate Fundamentals Conference (GREF) 2009. Majaal is a wholly owned subsidiary of First Bahrain, an innovative regional real estate development company. (Read More)
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First Bahrain Unveils Majaal - the Kingdoms First SME-Focused Warehousing and Logistics Company
Manama, 12th October 2009: First Bahrain, an innovative regional real estate developer, today announced the launch of its new subsidiary, Majaal Warehouse Co., the region’s first small to medium enterprises (SME) focused warehousing and logistics company. Majaal will be the operating company to manage First Bahrain’s inaugural project located at the Bahrain Investment Wharf. The new company was unveiled at a grand ceremony at the Ritz Carlton Bahrain Hotel and Spa in the presence of First Bahrain‘s Chairman Mr. Salah Ahmed Al-Wuhaib, principal shareholders, guests, media representatives and the management team of First Bahrain. (Read More)
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First Bahrain Appoint DTZ as Leasing Agents For 716, 000 Square Feet Warehousing project
Manama, September 29, 2009: First Bahrain, an innovative regional real estate developer, today announced the appointment of DTZ, one of the largest, diversified real estate services companies as exclusive leasing agent for its 716,000 sq ft, warehousing project at the Bahrain Investment Wharf (BIW). DTZ will be spearheading the marketing of the region’s first, USD 45 million small to medium enterprises (SME) focused integrated warehousing and logistics development, the first phase of which is scheduled to be completed by December 2009. (Read More)
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First Bahrain Warehouse Development Reaches Key Construction Milestone
Manama, September 27, 2009: First Bahrain, an innovative regional real estate developer, today announced the achievement of a significant milestone, being the completion of 50% of the construction of the company’s logistics and warehousing project at the Bahrain Investment Wharf (BIW). Main construction work of the project is being undertaken by Abdullah H. Al Darazi & Sons, who are working on schedule to complete the project on time by December 2009. Tenants are expected to be able to occupy the buildings from 1 January 2010. (Read More)
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First Bahrain appoints 4SPOTS as web consultant
Kuwait, July 22, 2009: First Bahrain, an innovative regional real estate developer, today announced the appointment of 4SPOTS to build the website for its warehousing project at the Bahrain Investment Wharf (BIW). 4SPOTS, a leading web design and development company, has been operating for over four years and has developed award winning websites for a wide range of prestigious companies including, MenaTelecom, Bahrain Islamic Bank, and National commercial Bank. (Read More)
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First Bahrain Appoint Unisono as strategic Brand Consultants
Manama, May 31, 2009: First Bahrain, an innovative regional real estate developer, today announced the appointment of Unisono as strategic brand consultants for its warehousing project at the Bahrain Investment Wharf (BIW), which is conceived due to a clear shortage of quality warehouse space in the Kingdom. Unisono has been operating in the Gulf region for over three years, and has created award winning brands which are well known in Bahrain, including Bahrain National Insurance Company, Automo, Ijara, and HPC (Hidd Power Company). Most recently, Unisono has been appointed as the global rebranding partner for Cityscape. (Read More)
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Construction commences on First Bahrains USD 45 Million warehousing development at BIWs
Manama, April 27, 2009: First Bahrain, an innovative regional real estate developer, today held a groundbreaking ceremony for its 716,000 square feet logistics and warehousing project at the Bahrain Investment Wharf (BIW). The first phase of the USD 45 million development, funded in part through debt secured from Kuwait Finance House, is now under construction. The contractor, Abdullah H. Al Darazi & Sons, is pursuing an aggressive schedule to complete the work prior to the end of 2009 with the entire project due for completion in 18 months. (Read More)
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First Bahrain appoints Baker Wilkins & Smith (BWS) Middle East as Cost Consultants
Manama, March 28th, 2009: First Bahrain, an innovative regional real estate developer, today announced the appointment of Baker Wilkins and Smith (BWS) Middle East as its cost consultants for its warehousing project at the Bahrain Investment Wharf (BIW), which is conceived due to a clear shortage of quality warehouse space in the Kingdom, especially in the region surrounding the new Shaikh Khalifa Port. The move to appoint BWS Middle East comes as part of First Bahrain’s proactive approach to cost management and quality control, measures that have resulted in the company maintaining strong financial performance despite the global economic downturn. (Read More)
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First Bahrain announces contracting deal for USD 45 Million warehousing development at BIW
Manama, February 23, 2009: First Bahrain, an innovative regional real estate developer, today announced the appointment of Abdullah H. Al Darazi & Sons Co. as the main contractor for the construction of its warehousing project at the Bahrain Investment Wharf (BIW), which is conceived due to a clear shortage of quality warehouse space in the Kingdom, especially in the region surrounding the new Shaikh Khalifa Port.
(Read More)
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First Bahrain appoints Tebodin Middle East Consultants and Engineers as Project and Construction Managers
Manama, 10 February 2009: First Bahrain, an innovative regional real estate developer, announced the appointment for Tebodin Middle East Consultants and Engineers as Project and Construction Managers for its warehousing development at the Bahrain Investment Wharf (BIW).
(Read More)
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First Bahrain and KFH-Bahrain sign Project Financing Deal
Manama, 11 May 2008: First Bahrain Real Estate Development Co. (First Bahrain) - a leading regional real estate developer– today announced it had closed on an Islamic project financing facility with Kuwait Finance House - Bahrain (KFH-Bahrain) to develop a USD25 million warehousing and logistics facility. The project will be located at the Bahrain Investment Wharf (BIW), strategically located near the new Shaikh Khalifa Port due to open in October 2008.
(Read More)
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BIW Project Expansion Announced
First Bahrain expands BIW warehousing development to 716,000 square feet in response to market demand. (Read More)
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First Bahrain Announces USD 25 Million Warehousing and Logistics Facility at BIW
Manama, 30 September 2007: First Bahrain Real Estate Development Co. (First Bahrain), today announced plans to build a USD 25 million warehousing and logistics facility at the Bahrain Investment Wharf (BIW). (Read More)
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