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Sakana sponsors Bahrain's GREF conference
- Bahrain: Tuesday, November 11 - 2008 at 15:10
- PRESS RELEASE
The first annual Gulf Real Estate Fundamentals Conference 2008, which will take place in Bahrain from 18-19 November, is proud to announce that one of Bahrain's leading Islamic real estate finance companies, Sakana Holistic Housing Solutions, has confirmed its silver sponsorship of the event.
According to Mr. R. Lakshmanan, CEO of Sakana, the decision to sponsor Gulf Real Estate Fundamentals Conference 2008, represents an ideal opportunity to showcase Sakana's full range of real estate solutions and associated multi-level services for individuals and companies: these include property financing, development, management, consulting and brokerage.
Commenting further on Sakana's motivation for pledging to be the conference's silver sponsor, Mr. R. Lakshmanan said: "Since our relatively recent start only 23 months ago, Sakana has been extremely successful both in terms of our business, and also as a leader in the real estate finance market. We have launched a wide range of holistic, simple and, above all, innovative, products and services, many of these being introduced for the first time in Bahrain, and even in the GCC.
"Our commitment to pushing the boundaries of the region's real estate finance sector also includes our decision to participate in key industry events. This allows us to add value by sharing our unique experience and by networking with other key players in order to keep a finger on the pulse of this dynamic market, particularly important due to the fallout the region is experiencing as a result of the sub-prime and now the global financial crisis."
M. A. Sridhar, CEO of Roshcomm, the event's organisers. said: "We have been successfully ramping-up our sponsorship programme as evidenced by key brands showing their commitment to the only regional real estate event of its nature. Sakana is one of the leading real estate finance providers operating in the Kingdom of Bahrain. We are very pleased to bring Sakana on board as a valued silver sponsor, yet another proof that the conference is fast emerging as the leading event for the real estate, banking and finance communities."
Being held under the patronage of H.E. Shaikh Abdul Rahman Al Khalifa the Honorable Director General of Survey and Land Registration Bureau, Kingdom of Bahrain, this international event is poised to attract the largest gathering of real estate gurus and thought leaders ever to come together in the region, from the GCC, Asia and the UK. It will be held at the Diplomat Radisson SAS Hotel, Residence and Spa, Bahrain.
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About Sakana Holistic Housing SolutionsSakana Holistic Housing Solutions commenced operations in December 2006 as a dedicated mortgage finance provider in Bahrain, offering a comprehensive range of Sharia'a-compliant mortgage products. Sakana's holistic approach is paving the way for significant change in the Kingdom's mortgage market by making Islamic finance easier to understand and acceptable, as well as making it available to an ever-wider group of customers.
The company demonstrated significant growth in its first year of business and has broadened its holistic focus by adding property consulting and property development to its portfolio. Sakana is a finance company regulated by the Central Bank of Bahrain and is a 50:50 joint venture between BBK and Shamil Bank.
About Gulf Real Estate Fundamentals Conference 2008
Real Estate thought leaders from around the world will converge on Bahrain from 18-19 November 2008 at the First Annual Gulf Real Estate Fundamentals Conference 2008. It is the region's leading event dedicated to the specialized needs of the booming real estate marketplace. The event, which is being held for the first time in the Gulf pursuant to the pressing demand from industry leaders.
Gulf Real Estate Fundamentals Conference 2008 is the first integrated networking event that is focused on providing deep insights into the real estate development and management life cycles, with particular emphasis on the application of international best practices tailored to the Middle East market. The Conference and related networking events shall become the pre-eminent event geared to deliver maximum return on real estate investments in the region. Premier investors, retailers and developers in the Gulf, now have a unique touch point where international retail property expertise, superior local knowledge and executive capability converge.
For more information contact:
Haya Khalil
Sakana Holistic Housing Solutions BSC
Tel: +973 17 20 19 37
Fax: +973 17 21 46 63
Fiona Clark
Hill & Knowlton
Tel: +973 17 53 35 32
Fax: +973 17 53 33 70
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