End-user financing for Seef Views

Financing for end-users has been arranged through an agreement with Reef - Real Estate Finance Company. Signing of the agreement was attended by Dr Khalid Abdulla, CEO of Reef; Mr A.Nasser A.Rahman, Chief of Business at Reef; Mr. Amin Al Arrayed, Reef's Head of Retail & Placement; and Mr. Jameel Yousif Ahmed Al Ghanah and Mr. Yasser Mohammed Sadiq, the owners of Seef Views. Also present was Mr. Mohammed Younis, Director of Landmark Bahrain, the exclusive marketing and sales agent for the property.

Seef Views is a 12 storey tower which houses eighteen 3 bedroom apartments, each outfitted with ensuite bathrooms, a storage room, and a study/maid's room. All customary living spaces cover an impressive net area of 165 square meters, with the exception of one large exclusive 4 bedroom penthouse that takes up the structure's two uppermost floors and boasts a total space of 303 square meters. The property also holds a wide range of recreational amenities including a swimming pool, steam room, sauna, games room, and a health club with fully equipped state-of-the-art gymnasium. Other benefits for Seef Views occupants include a 24 hours security system, provisions for electric cabling and Internet, and a dedicated car parking for each owner.

From a financing perspective, Reef ensures prospective clients have an established touch point for their financing requirements. Reef will provide Shariah compliant mortgage financing for Seef Views, under competitive terms and conditions and a process that ensures clients are assisted throughout the ownership process.

Construction of Seef Views has commenced, and is scheduled to be completed by September 2007.