Edamah’s ‘Sa’ada’ win top international award

Bahrain Real Estate Investment Company (Edamah), the real-estate arm of the sovereign wealth fund of the Kingdom of Bahrain, was honoured at the Dubai, Africa & Arabia Property Awards Ceremony in the London Marriott Grosvenor Square on the 12th June. Edamah received a total of three awards across different categories for its ‘Sa’ada’ waterfront project - an award for ‘Leisure Architecture Bahrain’ and an additional two awards, each with 5-star ratings, for ‘Best Leisure Development Bahrain’ and ‘Best Mixed-use Development Bahrain’.

The ‘Sa’ada’ project comes in line with Edamah’s long-term strategy focused on developing new projects and renovating existing ones sustainably and holistically. Amin Alarrayed, the Chief Executive Officer of Edamah, attended the award ceremony in London on behalf of the Company. Commenting on the occasion, the CEO of Edamah revealed, “These awards would not have been possible without the continual guidance and support granted by the wise Leadership and Government of the Kingdom of Bahrain.

Starting from the project’s inception wherein HRH Prince Khalifa bin Salman Al Khalifa, the Prime Minister named this project ‘Sa’ada’ we are grateful for their guiding force in enabling this unique waterfront project to transform from a vision into a reality.”

Currently, the construction works are expected to be completed during the current month of June 2019 for the first building of the project, with the project in its entirety expected to be completed at the end of November this year. As for the progress of building construction, which is currently at a completion rate of 71 per cent, it is expected to be fully completed by September 2019.