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Great Harbour - Hidd
Offering Size: USD 73 Million
Country: Kingdom of Bahrain
Nature of Investment: Mixed-use Development
Year: 2008
Established by VCBank, alongside two other strategic investors, Great Harbour W.L.L. has acquired a unique seafront plot of land with excellent development potential, in Hidd, Kingdom of Bahrain.
Through the successful placement of Great Harbour Limited, VCBank alongside its investors indirectly own approximately 56.8% stake in Great Harbour W.L.L. The plot is earmarked for a mixed-use development, comprising both residential and retail elements.
In light of recent developments in the real estate market in the region, the Board of Great Harbour W.L.L. is now considering a development that will primarily be targeting the mid-income segment in the Kingdom of Bahrain.
The Great Harbour plot, measuring 35,039 m2, is situated adjacent to the new Shaikh Khalifa Bin Salman causeway that links Hidd to Manama. Moreover, the plot is uniquely positioned, enjoying sea views on both sides.
Hidd is a new area that has recently undergone major land reclamation as part of the Master Plan issued by the Ministry of Municipalities, and is situated in a prime location just minutes away from Bahrain International Airport and Central Manama.
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Offering Size: USD 73 Million
Country: Kingdom of Bahrain
Nature of Investment: Mixed-use Development
Year: 2008
Established by VCBank, alongside two other strategic investors, Great Harbour W.L.L. has acquired a unique seafront plot of land with excellent development potential, in Hidd, Kingdom of Bahrain.
Through the successful placement of Great Harbour Limited, VCBank alongside its investors indirectly own approximately 56.8% stake in Great Harbour W.L.L. The plot is earmarked for a mixed-use development, comprising both residential and retail elements.
In light of recent developments in the real estate market in the region, the Board of Great Harbour W.L.L. is now considering a development that will primarily be targeting the mid-income segment in the Kingdom of Bahrain.
The Great Harbour plot, measuring 35,039 m2, is situated adjacent to the new Shaikh Khalifa Bin Salman causeway that links Hidd to Manama. Moreover, the plot is uniquely positioned, enjoying sea views on both sides.
Hidd is a new area that has recently undergone major land reclamation as part of the Master Plan issued by the Ministry of Municipalities, and is situated in a prime location just minutes away from Bahrain International Airport and Central Manama.
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