Bahrain – CBRE, the global real estate advisory firm, have been appointed as the exclusive property managers and leasing consultants for GBCORP Tower. GBCORP Tower is a strategically located landmark building, within the Bahrain Financial Harbour master plan. GBCORP headquarters are located within the building and the property also accommodates many high profile tenants.
A 22 storey tower constructed to a grade A specification, GBCORP Tower provides a total GLA of approximately 19,000m². Typical floor plates are of approximately 930m², and smaller fitted units starting at 250m² will also be available soon. There is a business centre in operation at the tower, Global Executive Offices, which provides quality furnished and serviced suites. The building offers a central location in the heart of Manama’s business district for internal and local occupiers alike.
Commenting on the appointment, Andy Hinson, Senior Director, Asset Services, CBRE Bahrain, said, “GBCORP Tower is a landmark property in the Kingdom, and with its superior build quality, it is sure to attract further high-profile occupiers, particularly with the provision of smaller fitted office accommodation to meet current market needs. We look forward to working closely with GBCORP, to support and develop its long term strategy for the tower.”
Dr. Zakaria Hejres, CEO of GBCORP, said, “We are very pleased to assign CBRE as our asset management firm for GBCORP Tower. This collaboration will enhance our position as a key commercial office space provider in the Kingdom and we look forward to working with the property management and transaction team, to fulfill the needs of both existing tenants and international occupiers, who seek prime commercial space in the heart of the country’s CBD.”
Across the Middle East, CBRE’s highly experienced management team offers a full range of professional real estate services, including Valuation; Tenant & Landlord Advisory; Research & Consultancy; Property Management; Building Consultancy & Project Management; Facilities Management; and Global Corporate Services.
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About CBREGroup, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2016 revenue). The Company has more than 75,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.bh
© Press Release 2017