Saturday, December 7, 2019

Bahrain World Trade Center twin-towers reaches top occupancy with new lease agreements

The Kingdom’s iconic business and commercial address, Bahrain World Trade Center (BWTC), continues to mark a dominant presence in the high-end office real estate sector with the acquisition of new tenants and expansion of existing leasing agreements.

BWTC, part of a prestigious global business network and home to an increasingly diverse set of international and regional companies, enjoys strategic positioning and access to the gulf region, enabling companies to accelerate their business ambitions.

With a lot of choice in the market, tenants have always seen the benefit of being located in a grade A, prestigious, landmark, mixed use development, with the added benefit of sharing with the building with an array of blue-chip tenants – meaning it’s an excellent place to do business.

With several of its long-term tenants including Ernst & Young, Diyar Al Muharraq and NGN international to name a few, investing in enhancing their business operations and expanding office spaces at BWTC last year, the first quarter of 2019 has also seen a number of high-profile tenants.

Savills as new Managing Agent for the Bahrain World Trade Center and MODA Mall’s spokesperson Donald M. Bradley FRICS said, “BWTC is a notable business landmark property that is Bahrain’s flagship business gateway to the world and the wider gulf region. As office space demand continues to rise, at BWTC, we constantly work towards evolving our commercial space offerings to cater to the complex operating requirements of our tenants with highly-tailored solutions.”

Designed by international architectural experts ATKINS, BWTC continues to be Bahrain’s top choice for high-end commercial office space, offering top-quality and flexible features with a fitting work environment for a wide range of tenants, thus enabling Kingdom-based businesses to extend their reach both locally and regionally. Moreover, with the non-oil sector performing steadily and financial services, transportation and communications sectors contributing significantly to Bahrain’s economic growth, BWTC has witnessed an increase in leasing enquiries, as international businesses make Bahrain their preferred Middle-East office headquarters or look to enhance existing operations.

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