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Clients of the commercial project, BFB Tower, stand to benefit from a smooth, streamlined offer for financing from Reef - Real Estate Finance Company.
A Memorandum of Understanding has been signed to ensure that prospective clients of the property can secure fast and efficient financing.
Present at the ceremony held at Reef's offices were Mahmood Al Koofi, CEO of Reef, Abdulaziz Al Ruwaihi, head of retail and placement at Reef, as well as Faisal Faqeeh, chairman of Bin Faqeeh Real Estate Investment Company and Mohammed Younis, director, Landmark Bahrain.
The 25-floor BD30 million BFB Tower, unveiled earlier this year, is located in the heart of the Seef district, and is developed by Bin Faqeeh Real Estate Investment Company and marketed by Landmark Bahrain.
Considering the tower's freehold status, Reef has designed its financing options to be offered to nationals or expatriates resident in Bahrain or any GCC country. Its Sharia compliant financing terms offer a reasonable down payment requirement for the commercial project, alongside financing over 25 years.
Mr Al Koofi said: "The market response to BFB Tower has been great."
Mr Al Faqeeh added: "Our partnership with Reef puts BFB Tower within the reach of a wider number of clients, allowing a greater number of local and international companies to gain access to the project's modern and dynamic business set up.
"We are very proud of our achievement with BFB Tower, its design and facilities are in line with our complete commitment to meticulous planning and to delivering results."
