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FinancialNews
25-03-18
Bahrain's Seef Properties to launch USD132m mixed-use project
(MENAFN) Bahrain's Seef Properties revealed its preparation to launch an USD132.7 million mixed-use development project, hailed as 'Liwan'.
The real estate development company plans to include in the project the establishment of a health club, a pedestrian boulevard that features various stores and restaurants.
Chairman Essa Najibi stated "Liwan was envisioned in 2016 and has been transformed into reality in 2018. The project comes as a result of our strategic efforts to expand our real estate investment portfolio, which will contribute to the growth of the national economy and the kingdom as a whole."
The chairman further confirmed "we are confident that upon the project's completion, which is anticipated in the last quarter of 2019, it will elevate the kingdom's real estate sector, bringing in a new destination for residents and visitors."
MENAFN2503201800450000ID1096651295
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