GFH Properties Wins Two Prestigious Honours From Globally Renowned Luxury Lifestyle Awards
GFH Properties, the real estate development arm of GFH Financial Group, today announced that it has received two honours from the prestigious Luxury Lifestyle Awards, a global awards selecting, recognising, celebrating and promoting the best luxury goods and services around the world.
In the Awards’ real estate categories, GFH Properties was named ‘The Best Luxury High Rise Living, ‘Bahrain’ for its “Harbour Heights” project, which took home the honours after having been successfully shortlisted in the TOP-4 out of 14 companies nominated. “Harbour Heights” is one of the flagship developments shaping the Bahrain skyline with its distinctive trio of twisted towers nestled directly in front of the Bahrain Financial Harbour twin towers overlooking the glistening blue waters. As one of the most advanced and exclusive residential complexes in the Kingdom spread over 35,900sqm, “Harbour Heights” provides a stunning selection of one, two, three-bedroom apartments and exquisite penthouses with stunning panoramic views. With incredible facilities, the project offers the highest swimming pool/gym facility in the Bahrain.
GFH Properties was also named ‘The Best Luxury Residential Development, ‘Bahrain’ for its “The Harbour Row” project, which won after being shortlisted in the TOP-4 out of eight selected companies.“The Harbour Row”is considered one of the region’s most ambitious and visionary real estate developments. Opening out onto the brilliant blue waters of the Arabian Gulf, it is strategically nestled in the Bahrain Financial Harbour District and is one of the first residential buildings in the area. The project comprises of four residential buildings consisting of 333 apartments, with an additional two buildings set to house a five-star hotel and 162 hotel apartments. “The Harbour Row” will also feature an exciting new retail district hosting over 20 retail stores and kiosks overlooking a waterfront promenade.
Commenting on the wins, Mr. Talal AlMahroos, Acting Chief Executive Officer of GFH Properties, said, “We are very proud of these awards and continued recognition of the exceptional nature of our development projects. Luxury Lifestyle Awards is one of the most internationally recognized and respected brands, providing assurance of the highest quality, and representing pioneering excellence and innovation. These Awards serve to underscore the unique nature of our developments and the landmark mixed-use communities we are bringing to life. We’re grateful for these honours and the continued hard work, dedication and commitment of our partners and teams throughout our award-winning projects.”
Winners of Luxury Lifestyle Awards are recognised worldwide and confirm the exceptional nature of а company in the eyes of the global professional and consumer community.
Various show apartments are available for viewing, with a limited number of units still available for purchase through GFH Properties’ unique five-year payment plan. For any enquiries or to schedule a viewing, contact the GFH Properties at 8000 1234.
GFH Properties awarded 'Best Development in MENA' for its ‘The Harbour Row’ project
GFH Properties, one of the leading real estate developments in the Kingdom of Bahrain, has received the “Best Development in MENA” award for its “The Harbour Row” project at the Architecture Leaders Awards 2021. Organised by BNC Publishing and Design Middle East, the inaugural Architecture Leaders Awards 2021 aims to celebrate creativity and innovation within the field of architecture, while recgonising the region’s leading architects, projects, and firms who are on the vanguard. Winners across 19 distinct award categories were awarded for their ingenuity, excellence and achievements within their field.
One of the prestigious awards, “Best Development in MENA”, was won by GFH Properties for their exemplary mixed-use project “The Harbour Row” – the new waterfront destination in the heart of Bahrain’s capital city. The Harbour Row offers world-class amenities and a prestigious lifestyle within a vibrant new downtown development.
Commenting on “The Harbour Row”project’s award, Mr. Talal AlMahroos,Acting Chief Executive Officer,said: “We are extremely honoured and proud to have our landmark “The Harbour Row” project be recognised as the “Best Development in MENA” through this award. We are very grateful for the recognition of our accomplishments during the past year despite the pandemic. Winning this award would not have been possible without the market’s continued confidence in GFH Properties and the power of our dedicated team.”
GFH Properties is the master developer of “The Harbour Row” project and is considered one of the region’s most ambitious and visionary real estate developers. Opening out onto the brilliant blue waters of the Arabian Gulf, “The Harbour Row” is strategically nestled in the Bahrain Financial Harbour District and is considered one of the first residential buildings in the area. The project comprises of four residential buildings consisting of 333 apartments, with additional two buildings set to house a five-star hotel and 162 hotel apartments. “The Harbour Row” will also feature an exciting new retail district hosting over 20 retail stores & kiosks overlooking a waterfront promenade.
In addition to the distinctive offerings of “The Harbour Row”, several of Bahrain’s prime leisure destinations are within minutes of the development – including Bab Al Bahrain, Four Season’s Hotel Bahrain Bay, Seef District and the Kingdom’s top shopping destinations such as The Avenues – Bahrain, City Centre Bahrain and Moda Mall.
The residential apartments in “The Harbour Row” offer various layout configurations and sizes ranging from royal studios, 1, 2 and 3-bedrooms apartments. Moreover, it also has 2 and 3-bedroom penthouses that provide luxury, privacy and exclusivity with spacious outdoor areas and exquisite private rooftop pools.
Various show apartments are available for viewing, with a limited number of units still available for purchase through GFH Properties’ unique five-year payment plan. For any enquiries or to schedule a viewing, contact the GFH Properties at 8000 1234.
NBB Signs Agreement with GFH Properties for Special Mortgage Loan Offers on Residential Properties
The National Bank of Bahrain (‘NBB’) announced that it has signed a memorandum of understanding (‘MoU’) with GFH Properties, the real estate arm of GFH Financial Group (‘GFH’), to offer special rates on the developer’s residential properties across the Kingdom.
The MoU comes as part of NBB’s commitment towards providing its customers with the latest housing solutions, aimed towards fulfilling NBB’s national responsibility and enriching the lives of generations.
The agreement offers up to 90% mortgage financing on selected GFH Properties apartments, as well as extremely competitive interest rates starting from 4.75%, for up to 25 years. Furthermore, NBB customers can also enjoy faster and more convenient processing times for their loan request applications.
Commenting on the agreement, Subah Al Zayani, Chief Executive – Retail Banking at NBB, said: “It is our pleasure at NBB to continue to serve the needs of our customers and put their requirements first, as part of our promise to remain closer to them. The agreement between GFH Properties and NBB falls under our ongoing efforts to support the Kingdom’s vision by providing Bahrainis with facilitated housing solutions, allowing them to own their dream homes. We remain committed to our role as a national bank of choice to enhance the community in which we operate by providing easier, more accessible options and services to our customers.”
Mr. Salah Sharif, Vice Chairman of GFH Properties, said: “The mortgage scheme for new investors will make their financing requirements effortless. The program is available for new homes at one of the most desirable destinations in the city including the Harbour Row and Harbour Heights, which are conveniently located in Bahrain Financial Harbour and have world-class amenities that add to the quality of life of the residents.”
“We are confident that this partnership will also go a long way in positively contributing to the future growth of the Real Estate sector in Bahrain,” he stated.
Through this initiative, and in line with the Bank’s commitment to the Kingdom’s broader national vision, NBB aims to diversify its portfolio of services and offerings by implementing a socially responsible business model that aligns with the Kingdom’s 2030 vision and broader economic goals.
GFH Properties, a subsidiary of the GFH Financial Group, is a market leader in the real estate sector, and a specialist Real Estate developer is currently managing up to one billion US dollar worth of end project value. GFH Properties has a rich portfolio of multiple landmark projects known for excellence and innovation.
For more information about NBB mortgages, please contact 1721 4433, visit nbbonline.com or visit any of the NBB branches to explore mortgage financing options. To book a private tour to discover GFH Properties please call 8000 1234 or visit gfhproperties.com.
As part of the constructive partnership between Bahrainuna and GFH Properties Flag Garden reflects distinct national meanings & contributes to promoting citizenship values
As part of the constructive partnership between “GFH Properties and (Bahrainuna), the National Plan to Promote the Spirit of Belonging to the nation and Reinforce the Values of Nationalism, GFH Properties has created a flag garden in the shape of the company’s brand icon with over 1,500 Bahrain flags, to contribute to promote the citizenship values.
This initiative comes as part of the celebrations of Bahrain National Day and the anniversary of His Majesty the King’s Accession to the Throne.
Acting Chief Executive Officer of GFH Properties, Dr. Essa Faqeeh, said 2020 has been an exceptional year for Bahrain due to the global pandemic, and tremendous efforts have been exerted by Team Bahrain, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and the Prime Minister of the Kingdom of Bahrain, and such efforts have significantly contributed in protecting the health and safety of the citizens and residents in Bahrain.
He said theimpressive display of the red and white flags is a celebration of our country’s history, pride and achievements.
GFH Properties has invited the public to visit the site of the installation and take photos against this backdrop of our national flag which reflects distinct national meanings, as part of the initiatives of (Bahrainuna), which exceed 100 initiatives.
The stunning installation will be available to visit from the 15thof December until the end of December. It is located at Harbour North plot, behind the Harbour Heights & Bahrain Financial Harbour. Visitors can share their pictures of the installation on social media using the hashtag #GFHLOVESBH and hashtag #BAHRAINUNA.
For more information, please contact us at 80001234.
Villamar Rebrands to “Harbour Heights” Reflecting Continued Upgrading
GFH Properties, the real estate arm of GFH Financial Group, today announced the rebranding of its Villamar development to “Harbour Heights”. The change comes amid the continued upgrading and strong advancement of the iconic project whose progress has been recognized at the recent holding of The Ministerial Committee for the Development and Infrastructure Projects by His Excellency Shaikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister, who applauded GFH for its commitment to finishing the project and achieving the further transfer of units to owners.
The “Harbour Heights” name has been selected to better capture the landmark development’s prime harbour location and in line with the significant enhancements that continue to be made to the project, bringing its value proposition and market positioning to new “heights”. With the upgrades made to the development, “Harbour Heights” is set to emerge as Bahrain’s most advanced, luxury mixed use residential, retail, hospitality and leisure complex spread over 35,900 sqm featuring a built-up area of more than 250,000 sqm.
Commenting, Shaikh Hamed Al Khalifa, CEO of GFH Properties, said, “We’re extremely pleased to announce another major milestone for this iconic project and the unveiling of a new brand “Harbour Heights” that better encapsulates the essence of this project and the world-class lifestyle destination that we are establishing. Already designed to the most exacting standards, we continue to make strong enhancements to the project ensuring the delivery of Bahrain’s most luxurious, dynamic and sought after residences and retail and hospitality complex. With over 150 residential units handed over in the completed Tower B, we continue to show our commitment to delivering value to buyers, investors and our partners. I’d like to take this opportunity to thank the Government of Bahrain and in particular HE Shaikh Khalid bin Abdullah Al Khalifa and The Ministerial Committee for the Development and Infrastructure Projects for their tremendous support for the project and their efforts to help us bring to life another major centre for business, leisure and tourism in the Kingdom.”
Show apartments, which have been upgraded and furnished to the most exacting standards, are ready to view with a limited number of units still available to purchase with GFH’s unique five-year payment plan.
GFH Properties Announces Signing Off Top International Retail Brands to Harbour Row
GFH Properties, the real estate arm of GFH Financial Group, today announced the signing of three top tier international brands that will establish their franchises as part of the dynamic retail offering under development at the landmark Harbour Row waterfront project located in the heart of Manama.
The move will see Scarpetta, PittaBun and ByChloe serve discerning customers in the 14,000sqm of retail space, which is expected to open to visitors in the first quarter of 2020, with fit out works progressing swiftly alongside other works across the development.
Harbour Row’s retail area, which will comprise of a diverse group of world-class retail outlets including internationally known F&B franchises and a host of global retail brands, is expected to become one of Manama’s most vibrant retail and commercial area and is also comprised of more than 300 luxury, state-of-the-art apartments split between the development’s East and West Side in addition two top five-star hotels.
Cementing Harbour Row’s position as a leading lifestyle and tourism destination, GFH Properties recently announced agreements that will see the establishment of xxx-room luxury hotel and residences to be managed by H Hotels, who have built a world-class portfolio of well-known properties and brands in the region and internationally, as well as the opening of a 160 room Accor boutique hotel - Mama Shelter.
Commenting, Shaikh Hamed Al Khalifa, CEO of GFH Properties , said, “ This is another exciting milestone for Harbour Row and the development of another exciting and vibrant retail and commercial centre in the heart of Manama and the Bahrain Financial Harbour. We’ve created a world class concept and value proposition for retailers and we’re delighted to see such strong and positive response from top international brands looking to establish their presence in Harbour Row. As we move towards the opening, we look forward to unveiling a stellar mix of well-known and sought after retail brands and outlets.”
GFH Properties Begins Handover of 150 Residences at Villamar
GFH Properties, the real estate arm of GFH Financial Group today announced the completion and opening of the residential tower at its iconic Villamar project primely located on the Manama waterfront.
Having secured all the certifications from various government agencies for completion, the process of handover of 150 one to three bedroom units has begun to local, regional and international buyers.
The Villamar project is Bahrain’s most advanced mixed used residential, retail, hospitality and leisure complex spread over 35,900 sqm at the heart of Bahrain Financial Harbour featuring a built up area of more than 250,000 sqm. It’s a district of luxury, uniqueness and distinctiveness that will bring a new waterfront lifestyle experience to the Kingdom of Bahrain.
Commenting, Mr. Hisham Alrayes, CEO of GFH, said, “Completion and handover of the residential units at Villamar has been a major priority for the Group and we’re delighted to have now reached this very important and exciting milestone for buyers at the development. This is one of the flagship projects on Bahrain’s skyline and we’ve done all we can to ensure the development of one of the most advanced and exclusive residential complexes offering both privacy, from its island location, as well as close proximity and easy access to key business and retail districts in the Kingdom. As we move to complete the handover, I’d like to express my gratitude to our investors and partners in the project and to the many government authorities whose support was essential to our success.”
Shaikh Hamed Al Khalifa, CEO of GFH Properties, added, “We’re extremely pleased to be announcing this significant development and major show of progress at the landmark Villamar project, which is spread over 5,900 square meters of prime waterfront land at the Bahrain Financial Harbour. Having set out to conceptualise and deliver an exceptional proposition in terms of design and quality, we are confident that Villamar will provide an ideal residential environment for buyers that are set to secure their newly completed, state-of-the-art properties. We are now focused on completion of other key elements of the project with our team of outstanding partners and to announcing further progress and updates as this world-class development takes full shape.”
GFH Properties Wins for "Best Waterfront Development" at Forbes Middle East "Building The Future" Awards
GFH Properties today announced that it has won “Best Waterfront Development” at the Forbes Middle East “Building the Future” event and awards for “The Top Real Estate companies in the Middle East 2019”, which was held on 18 November at the JW Marriott Marquis Hotel in Dubai.
The awards have been designed to recognise the region’s most innovative, creative and successful real estate developers and consultants. Selections were made by expert panel of judges taking into account comprehensive criteria.
The award was received on behalf of GFH Properties by Dr. Ahlam Zainal, Senior Director of Development.
Commenting, Mr. Laith Al Memar, Acting CEO of GFH Properties, said, “We are delighted with the ongoing recognition of GFH as a leading brand and pioneer in real estate development across the Middle East. We have brought to market some of the best known and innovative developments and continue to create new, unique and transformative concepts that deliver value. The “Best Waterfront Development” award is another recognition of that value and our ongoing efforts, focus and success in devising and delivering exceptional iconic projects.”
GFH and H Hospitality Collection Sign for Operation of Exclusive, 5-star Harbour Row Hotel and Residences
GFH Financial Group, today announced the signing of Operation Agreement with H Hotels& Resorts Management (H Hotels) for the operation of an exclusive, new 5-star hotel and residences currently under development at the landmark Harbour Row waterfront project located in the heart of Manama.
The move will mark H Hospitality Collection entrance into the Bahrain market adding to the UAE based company’s growing collection of luxury hotels and resorts internationally including: The H Dubai, The H Resort Seychelles, CentreVille Hotel & Experiences Montenegro and Villa Diyafa in Morocco. Other properties in the company’s portfolio also include Le Meridien Fisherman’s Cove in the Seychelles and two hotels under construction in Mecca and Abu Dhabi.
The hotel and residences will boast a host of world-class facilities including stylish restaurants, meeting rooms, pool, gym and other lifestyle amenities set to attract and satisfy the most discerning visitors and buyers. Being designed and completed to the most exacting standards, nearly 60% of the work on the hotel property has now been concluded along with the rapid overall progress across the development’s East and West side residential towers consisting of 322 apartments and accompanying vibrant retail and commercial hubs.
Commenting, Mr. Hisham Al Rayes, CEO of GFH, said, “We are delighted to announce this agreement with H Hotels, who have built a world-class portfolio of well-known properties and brands and a strong track record of distinction across international markets. We are especially pleased that Harbour Row will mark their first property in the Kingdom of Bahrain, both benefiting from and supporting Bahrain’s vision to further elevate its position as a leading regional tourism and leisure hub through the addition of new, exciting properties and lifestyle destinations like the H Hotel at Harbour Row. As we swiftly move ahead with the hotel towards completion, we are pleased to offer both residents and investors a unique opportunity to purchase these exclusive branded hotel apartments, which we expect to create strong value and returns given the prime location and anticipated high levels of occupancy.”
Mr. Claudio Capaccioli, CEO of H Hospitality Collection, added, “Our partnership with GFH Financial Group marks another milestone in development of H Hotels and our strategy to take our vision for unmatched luxury into neighbouring and international markets where we believe we can deliver a superior new offering. We look forward to working with GFH in order to maximise the many unique aspects of Harbour Row including its exclusive and much sought after waterfront location, easy access to all major commercial and business centres and close proximity to key tourist attractions across the Kingdom. In line with the stature of the properties we have developed and manage around the world, we are confident that visitors and investors will be impressed with the highly original concepts we deliver, which are built on modern elegance alongside unsurpassed convenience and comfort. Operating this property in Bahrain is a significant step in our GCC expansion strategy and we look forward to opening more properties in the country”.
GFH Properties launches Harbour Row Sales as Works at Exclusive Waterside Development Continue Strong Progress
GFH Properties, the real estate arm of GFH Financial Group, is announced as part of a strong line-up of strategic sponsors at the Gulf Property Show 2019.
The Gulf Property Show is being held under the patronage of HRH Prince Khalifa bin Salman Al Khalifa, the Prime Minister of Kingdom of Bahrain, from April 23rd-25th at the Bahrain International Exhibition and Convention Centre.The Gulf Property Show carries the strategic organizational support of the Real Estate Regulatory Authority of Bahrain (RERA), Survey and Land Regulatory Bureau (SLRB), and the Urban Planning and Development Authority of Bahrain.
Villamar has been designed with a vision to be one of the most advanced and exclusive residential complex’s to grace Bahrain’s skyline. Built on an island in the heart of the business district of Manama, and directly along the waterfront of Bahrain Financial Harbour, the project will cover 35,900 sqm. GFH Properties’ will also showcase Bahrain’s latest luxurious landmark, The Harbour Row is situated at the Financial Harbour in Manama within proximity to commercial centers and prime tourist attractions. The Harbour Row is made up of 6 buildings of which 4 building are residential, a building operated by a five star hotel and a building consisting of hotel apartments. The complete project consist of 322 residential apartments and more than 150 hotel apartments.
“GFH Properties projects have been conceived and developed with a commitment to setting standards for Bahrain’s infrastructure and property market. Our main focus at the event is Villamar; a luxury project that looks to shape the future skyline of the Kingdom.” said Mr. Laith Almemar, Acting CEO of GFH Properties.
“GFH Properties continue to bring to the property market new and exciting landmarks in Bahrain. The showcase of Villamar presents a marquee development for the Kingdom’s thriving real estate sector” commented Jubran Abdulrahman, Managing Director of HCE, and the show organizer.
The Gulf Property Show takes place alongside two other major exhibitions – Gulf Construction Expo and Interiors Expo – thus ensuring the continued success of the biggest integrated business-to-business showcase for the construction, interiors and property sectors in the Northern Gulf.