CBRE Bahrain, the office of the international leading commercial real estate investment and consultancy services in the Kingdom of Bahrain, has unveiled Ain 520, a new retail and leisure destination that span more than 5,000 square meters of land with a great location on Budaiya Highway with quick access to Saar Avenue.
The global firm was chosen to handle the leasement and management operations of the once-residential master development that is now being transformed to be one of Bahrain’s major attractions with a very exquisite design.
Ain 520 will feature food and beverage outlets with outdoor seating areas, drive-throughs, world-renowned lifestyle brand stores, as well as car parking spaces that can accommodate up to 200 vehicles; its operations are predicted to commence within the current year.
In his comment on the new project, Richard Botham, Senior Director and General Manager at CBRE expressed the firm’s pride to be chosen to handle the leasing and management operations of such a promising development, adding that Ain 520 will cater to the whole Bahraini family with its different features and facilities at all the different times of the day.
It is worth mentioning that, last February, CBRE has released a new report on the outlook of the retail sector in Bahrain, showing that the kingdom’s gross leasable area is expected to grow by 34% within the next three years.