Kuwait Finance House - Bahrain (KFH-Bahrain), one of the leading Islamic banks in the Kingdom, has signed an agreement with Kooheji Real Estate, one of the largest real estate developers in Bahrain, to provide off-plan financing for customers interested in owning an apartment in ‘One Bahrain Bay’ project.

 

The project, for which work started in May 2018, is expected to be completed by March 2022. 

 

This agreement comes as part of a strategic partnership between the two companies to meet the needs of clients interested in Kooheji’s projects.

 

The signing ceremony was held at KFH-Bahrain’s headquarters in the presence of Khalid Al Maarafi, executive director and head of Retail Banking Group at KFH-Bahrain and Engineer Mohammed Abdul Ghaffar Al Kooheji, general manager of Kooheji Real Estate, as well as a number of officials from both companies.

 

“At KFH-Bahrain we are always seeking new and rewarding partnerships with leading real estate developers in the Kingdom and we are pleased to announce our partnership with Kooheji Real Estate. We strive to continuously meet the needs of those looking to own a residential unit in the most prestigious real estate projects,” commented Al Maarafi.

 

“This agreement is one of a series of collaborative efforts with Kooheji Real Estate, and we aspire to grow this relationship to benefit our valued customers from KFH-Bahrain and all interested parties in One Bahrain Bay project,” said Al Maarafi.

 

“We are pleased to partner with KFH-Bahrain, as this agreement marks the beginning of a strategic partnership to offer off-plan financing to Kooheji Real Estate’s clients in our current and future projects. This partnership comes as part of our efforts to provide special financing to those wishing to invest in One Bahrain Bay project, which is considered one of the most distinguished projects of Kooheji Real Estate and a new distinctive imprint in Bahrain Bay," said Al Kooheji. 

 

It provides a unique luxurious lifestyle due to its strategic location, competitive prices, distinctive unit designs, luxurious furnishing, 5-star resort facilities. It also features world-class services all within the 10,000-sq-m residential tower, he said.

 

The project houses 1,073 luxury apartments ranging from one- to three bedrooms. In addition, the One Club exclusive residents' club will be the ideal place for attending to business needs, socializing and relaxing. It includes a state-of-the-art health club, Infinity pool, meeting area, business centre and a host of many other facilities.  - TradeArabia News Service