Global real estate advisor, Savills, and Bahrain World Trade Centre (BWTC) has announced that they have reached an exclusive agreement. Under the terms of which, Savills will take over the property management, leasing, facilities management and marketing services of the BWTC which also includes office towers and Moda Mall.
The Bahrain World Trade centre is located next to the King Faisal Highway and is leading up to be Bahrain’s business and commercial property address. Including the Moda Mall, the location will be home to fashion and retail brands and provide a unique customer experience all year round, said BWTC in a statement.
On signing the contract with Savills, Paul Nathan, head of real estate for BWTC and Moda Mall said: “Savills has an experienced regional team backed up by global specialists. It’s important for us to work with a global market leader who can guide us on how to best position the asset to the latest international standards.”
Commenting on the contract win, Harry Goodson-Wickes, head of Savills (Northern Gulf) said “Bahrain World Trade Centre is one of the best commercial and retail spaces in the Middle East and we look forward to providing our best in class property services to local and international occupiers of BWTC and Moda Mall.”
The BWTC also reported that the new partnership is announced at a time when international occupiers are increasingly looking for iconic buildings within the Central Business District of Bahrain.