CBRE, the leading international commercial real estate consultant and services provider, announced that it has signed a new tenancy contract for United Tower, one of the properties managed by the group in Bahrain Bay master development in Manama, Bahrain, with the Institute of Public Administration.
As per the agreement, BIPA will be renting 2,000 square meters of the total 26,000 square meters of commercial space which United Tower comprises along with the 262-key Wyndham Grand Hotel.
In his comment on signing the new agreement, Richard Botham, Senior Director and General Manager at CBRE Bahrain, expressed the group’s pleasure to host BIPA at United Tower, adding to the top-tier profile of the tower’s occupants and tenants.
Botham added that United Tower stands out because of the varietes it offers for businesses with areas that start from 100 square meters to fit the different commercial needs in addition to the special rates the occupants are offered on Wyndham Grand Hotel facilities and amenities.
On the other hand, Dr. Raed Mohammed Ben Shams, Director General of BIPA commented that the United Tower will provide the best working environment to BIPA and its employees to help them achieve their objectives and vision.
It is worth mentioning that CBRE Bahrain has recently launched Ain 520, a new retail attraction spanning more than 5,000 square meters with a great location on Budaiya Highway.