Reef Real Estate Mall is launched

The launch was attended by a number of high level officials, and was under the patronage of Mr. Rasheed Al Miraaj the Governor of the Central Bank of Bahrain.

Reef has to date, proven itself as a prominent player within the real estate finance sector. It has delivered on its strategy for creating strategic alliances that result in a value addition for clients at all levels of society. The company has aligned itself to promote not only high end project development, but also properties and financing designed to alleviate the housing problem within the middle to low income segments. Today, Reef unveils yet another value addition in the form of a single touch point for access to real estate opportunities; the Reef Real Estate Mall is the first of its kind in the region.

The Chairman of Reef's Board of Directors, Mr. Ali Ahmed Al Baghli was quoted to say, "In establishing itself as a founding organization, Reef is inclined to address a wider sphere of influence than that of any other finance house. More than simply providing funds for realty development, Reef pursues and supports strategies that promote the health of the real estate service community. The Reef Mall supports Reef's vision to create a holistic real estate ecosystem that will inspire and empower the real estate market."

Detailing the strategy behind the new premise, Dr Khalid Abdulla, CEO of Reef, noted "Reef has since inception declared itself a keystone organization; an entity that provides a stable platform for the networking and development of resources that will empower and lead the real estate ecosystem on a local and regional level. The launch of the real estate mall brings this statement to life in a unique and innovative manner." Essentially, Reef has designed its new headquarters to be a one-stop shop environment, whereby clients looking to enter the real estate market will need just one point of access - the Reef Real Estate Mall. Within the Mall, Reef has created a dedicated alliance zone that houses a series of real estate related services that will benefit clients in key areas. The alliances include property brokers Century 21 and Grnata; Akbari Architects, an architecture and interior design consultancy; Solidarity as a Takaful provider, and Tameer as a real estate developer. Reef, of course, caps this service provision with its financing solutions designed to cater to retail, commercial, and investment real estate requirements.

Further elaborating on the Real Estate Mall, Dr Khalid said: "An aspiration to provide a qualitative breakthrough in the real estate finance market, has always been at the forefront of business in Reef. We have established ourselves as a dedicated real estate finance company with a focus towards making a difference in terms of product innovation, process time, and customer service. Today, we are proud to group this with the specialist talents and world-class experience of our strategic partners to deliver a core value addition to the real estate market."