Abdulla Yousif Fakhro and Sons announces signing of KPMG Fakhro as incoming tenant at the new Fakhro Tower

Now completed and open for business, this landmark tower extends to 30 storeys and provides around 19,000m² of office accommodation plus ground floor showroom areas and an impressive double height reception lobby.

Mr. Jamal Fakhro, Managing Partner of KPMG Fakhro, was keen to emphasise the reasons for choosing the building, saying, "After a comprehensive study of the market and buildings that we thought might meet our requirements, Fakhro Tower was the natural choice for KPMG."

He continued, 'We have signed leases and are committed to over two floors in the building and are currently tendering the fit out contract with an anticipated handover for our occupation of the premises in Q2 of 2013. Fakhro Tower was the only building to provide KPMG, on commercially acceptable terms, a level of image, specification and location to match our exacting demands, international brand profile and dynamic business plan going forward'.

Commenting on this important announcement, Mr. Abdulla E. Fakhro, Business Development Director of Abdulla Yousif Fakhro & Sons, said , "We are excited to welcome KPMG as our new neighbours at the Fakhro Tower. This lease signing represents a strong endorsement of our building by a highly respected global company with demanding requirements."

He added, "Our owner-occupied status offers incoming tenants with the peace of mind that the building will be professionally managed and will be operated with a relentless focus on cleanliness, comfort, and convenience for all."

Also commenting on the announcement, Mr. Steven Mayes, Manager Sales & Agency for CBRE said, "KPMG's choice of Fakhro Tower for their new corporate offices in Bahrain is a powerful endorsement of the building in what is a very competitive market. The 'new generation' Fakhro commercial office tower has an impeccable pedigree and benefits from a very high contemporary specification and prominent location."

He added, "With high profile international and regional tenants being attracted to the building and with professional management and leasing services provided by CBRE, Fakhro Tower has quickly become recognised as a leading contender for new and established office occupiers in the Kingdom."