Tashyeed Properties - Sakana form partnership to deliver competitive financial solutions for homebuyers

The agreement between the two companies falls in line with Tashyeed Properties' strategy to preserve their relationship with existing customers and create a bridge for prospective buyers who are keen to invest with the company.

Tashyeed Properties chose to partner with Sakana because of the company's excellent understanding of their business goals and requirements, as well as its superior customer service and seamless implementation process.

At a signing ceremony held at the offices of Tashyeed Properties at Seef District, Mr. Redha Rajab, Managing Director and Chief Executive Officer of Tashyeed Properties said:

"We believe that a property, whether commercial or residential, is a powerful touch-point around which people's lives revolve. We keep this insight in focus and invest a great deal of time and care in all aspects of our developments and offer first-class financial guidance and expertise to ensure that the whole buying experience is efficient and smooth for our investors.

Sakana is the ideal partner to help us attract potential buyers, better serve our investors and enhance our position in the freehold residential luxury property market."

Mr. R. Lakshmanan, Sakana's CEO, said:

"Our agreement with Tashyeed as a preferred Islamic mortgage provider will allow us to facilitate the financing process for even more buyers, whether they are buying the property as a home, or as an investment. Our wide range of holistic products and services offers the customer many attractive home finance options, and we are gearing up for the strong demand that the project is bound to attract."

Tashyeed Properties has packaged the high-quality property development with a flexible payment plan that will fit in with the investor's individual needs and financial circumstances. Sakana will offer upto 90% financing for nationals and expatriates (residents in Bahrain), 80% of property value for GCC residents and 70% for non-residents.

Sukoon Tower, a forty-five floor luxury residential tower, consists of 592 apartments and 758 car parking spaces. The property consists of a vast area of landscaped gardens and well designed water features that bring the outdoors into the tower and provide its residents ample avenues to enjoy a breath of fresh air. A complete floor of over 4,800 sq. mtrs conveniently situated on top of the car park floors is aesthetically designed with outdoor and indoor recreational facilities. The floor consists of a large swimming pool, kids' pool, outdoor and indoor cafes, multi-purpose hall and walkways.