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Launched in November 2005, in Kuwait, Gulf Holding Company (GHC)_is a Sharia-compliant company that has been specially set up to offer cutting-edge real estate investment products and services. In the long-term the company aims at diversifying into a trusted holding company that boasts of smart, intelligent and value driven investment products and services. With a total paid-up capital of KD70 million, GHC initially floated a KD69 million placement offer to tap the investment potential of the real estate and infrastructure sectors of the region.
Today, through its Signature Series, the company already boasts of investments totaling $1.25 billion in two large-scale real estate developments in Bahrain, namely: Villamar @ the Harbour at the Bahrain Financial Harbour and Downtown Al Areen at the Al Areen development.
VIllamar @ the Harbour
IN addition to enriching the Bahrain Financial Harbour, the acknowledged financial business district, the towers of Villamar @ the Harbour will rise gloriously into Bahrain's sky as an unparalleled towering achievement reflecting sophistication and exclusivity.
Its residential and commercial complexes will introduce new lifestyle and business concepts to the region.
The project is powered by the developer's impressive track record in terms of accomplishments and experience. Being built at a cost of $650 million, Villamar @ the Harbour will serve as a landmark project of the region's financial and business sector, enhancing the Kingdom's status as the financial hub of the Middle East.
Villamar @ the Harbour transforms 35,900 square metres of the island into a unique, luxury residential and business district complementing Bahrain's vision for the future. It will also serve as a new benchmark in sophisticated lifestyle.
Villamar @ the Harbour is scheduled for completion in 2009. Its five main elements - The Twisting Towers, Lifestyle Apartments, Terraced Villas, Terraced Podium and Sky Villas - will be standing testimonies of luxury and high living evoking feelings of grandiose splendour.
The project will feature the most splendid engineering and architectural designs.
There will be over 900 one to four-bedroom apartments. Facilities will include a rooftop Chairman's Club, health club & spa, swimming pools and other recreational amenities.
The ocean-front Boardwalk will be a major public attraction. It will have indoor and outdoor cafes, restaurants and boutique retail spaces with shaded and air-cooled walkways, water features and landscaped plazas.
To enhance comfort, a large on-site parking area will be provided to accommodate at least 1,553 cars belonging to residents, retail tenants and visitors.
Downtown Al Areen
Downtown Al Areen is a much talked about emerging tourism destination in the Al Areen Development. Located right in the heart of this world-class leisure destination, the Al Areen Development, is Downtown - a singular mixed use model of sustainable urban development that is set to galvanise tourism appeal and attract a wider range of visitors to the country and the region.
Downtown Al Areen will be to Bahrain what Champs-ƒlysŽes is to France or the Spanish Steps are to Rome. It is a compelling investment proposition: offering investors and shareholders returns on a sustained and long-term basis.
With the Downtown project, which covers an area of 260,000 sqm, GHC aims at introducing a selection of key world-class services in the kingdom that will help significantly boost its attractiveness.
The project will include a town square, a first of its kind in the region, in addition to a school, recreational facilities and retail outlets. Over 90 per cent of the 41,000 sqm of leasable retail space has already been reserved, many by global retail majors that will be venturing into Bahrain for the first time.
Apart from the lure of the destination, the eclectic variety of developmental opportunities make Downtown Al Areen a discerning investor's dream project.
