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Manama Bahrain Property News | New Luxury Home Development

By property | November 9, 2008

Manama Bahrain Property News – Manama, Bahrain, November 8, 2008: CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
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, one of the region’s emerging Islamic investment institutions, announced today the launch of “Saar Central”, a brand new modern and luxurious villa community for the Kingdom of Bahrain. The exclusive development will consist of 82 upscale villas built on an area of land measuring more than 65 thousand square meters, offering a location advantage of being close to Manama City and also to King Fahd Causeway.
Saar Central is managed by Sakan Development Company, a real estate development company established by CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
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. The “limited edition” development is in the Saar region of Bahrain, a centrally located area that is home to some of Bahrain’s most prominent suburban neighborhoods. CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
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’s overall growth trajectory involves the creation of a distinct real estate portfolio comprising high-quality projects, which are derived from a genuine understanding of the needs of different buyers.
The spacious villas are designed specifically for luxurious family living, and have been constructed to take into account a family’s need for both privacy and the most modern amenities available. To maintain high quality standards of construction, Baker Wilkins & Smith (BWS) was assigned as quantity surveyor for Saar Central, and Modern Architect was brought onboard from the beginning of the project as the Engineering Consultant to monitor construction developments. The team of Bahraini architects who designed Saar Central villas captured the spirit and essence of Arab architecture in combination with prevailing modern undertones by incorporating some traditional elements such as arches, adding space and allowing for maximum light admission. This unique combination of old and new distinguishes Saar Central villas among other existing developments in the market.
With the lowest rate of inflation in the GCC and a real estate market by some estimates worth more than US $5 billion, Bahrain’s property sector is seen by many as a market with huge potential. “Bahrain real estate is a growth market, even in this time of global market turmoil,” said Nabil Hadi, Chief Executive Officer of CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
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. “CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
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 has long been committed to the growth and prosperity of the Kingdom of Bahrain, and today’s announcement signifies a renewed effort to contribute to this country’s booming economy.”
“In turbulent economic times such as these, CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
Bahrain | Financial Services 
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 remains devoted to finding investment opportunities that will enhance the position of our key stakeholders, while creating a diverse investment portfolio that is both dynamic and robust,” added Mr. Hadi. “We see the creation of Saar Central as an integral part of that philosophy. Saar Central is a unique real estate development in line with CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
Bahrain | Financial Services 
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’s strategy to invest in a wide variety of growing sectors and industries, and a part of our efforts to improve both Bahrain’s and the wider region’s economy.”
-Ends-
About CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
Bahrain | Financial Services 
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:
CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
Bahrain | Financial Services 
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 is an Islamic Investment bank based in the Kingdom of Bahrain, which has a growing regional and international presence. It aims to help institutional and high net worth individuals in the Middle East grow their capital by providing them with a diverse range of innovative investment products and high-quality advisory services. Through a team of experienced professionals who work with the highest ethical standards and international management best practices, CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
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 is dedicated to maximizing its shareholders’ value and clients’ wealth in accordance with the principles of Islamic Sharia.
The CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
Bahrain | Financial Services 
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 investment strategy is to continue building a portfolio that is well-diversified both by geography and sector. To date, CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
Bahrain | Financial Services 
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 has successfully structured investments in private equity and real estate that embrace developed and emerging markets; and in other sectors ranging from technology and healthcare to building materials and retailing. The bank has also launched a series of investment funds in collaboration with leading regional and international institutions.
For more information about CAPIVESTCAPIVESTCapivest Investment Bank
Capivest 
Bahrain | Financial Services 
 News | Profile | Officers 
, please contact:
Mona Abdallah
Director – Corporate Communications
Tel: +973 17502222
Fax: +973 17502211
Email : mabdallah [at] CAPIVESTCAPIVEST [dot] com

Capivest Investment Bank
Capivest

 

CAPIVEST Unveils New Luxury Home Development

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