The Lounge Serviced Offices Company
Country: Kingdom of Bahrain
Nature of Investment: Venture Capital - Services
Year: 2008
VCBank has initiated and launched a new concept in the provision of professionally-managed serviced office space. This will be provided by The Lounge Serviced Offices Company (The Lounge) in which the Bank is a founding shareholder with a 90% stake. Launched during the second quarter of 2008, the Company’s maiden business centre, situated on the sixth floor of the Venture Capital Bank Building in Bahrain’s Diplomatic Area, has already achieved a significant occupancy rate.
Occupying a total space of 1,200 m
2, The Lounge provides more than 50 offices, which differ in size and fit-out. In addition to its strategic location, which is a mere walking distance away from many of Bahrain’s key ministries and leading financial institutions, The Lounge offers a number of facilities and unique advantages to its tenants.
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