The project scheduled for delivery in September 2009 was launched by Sakana as part of its property consultancy venture originally for sale, but has now been rented due to prevailing market conditions.
"Danat Al Busaiteen" which means the Pearl of Al Busaiteen, is a 3-storey building providing 16 luxurious 3 bedroomed apartments fitted to the highest standards, ranging in size from approximately 120 Sq M to 157 Sq M.
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'Danat Al Busaiteen' residential apartments completed ahead of schedule
- Bahrain: Wednesday, August 12 - 2009 at 14:41
- PRESS RELEASE
Bahrain-based Sakana Holistic Housing Solutions, the innovative Islamic mortgage finance provider today announced that "Danat Al Busaiteen" the fully furnished residential apartment building in Busaiteen has been completed ahead of schedule by nearly two months.
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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 since inception and has broadened its holistic focus by adding property consulting and property development to its portfolio.
Sakana is a finance company with paid up capital of BD20m, regulated by the Central Bank of Bahrain and is a 50:50 joint venture between BBK and Shamil Bank.
For press information contact:
Neena Punnen
Hill & Knowlton
Tel: +973 17 53 35 32
Fax: +973 17 53 33 70
Haya Khalil
Sakana Holistic Housing Solutions BSC
Tel: +973 17 20 19 37
Fax: +973 17 21 46 63
Posted by Nadeen El AjouWednesday, August 12 - 2009 at 14:41 UAE local time (GMT+4)
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