
The
GCC real estate development boom came to an end as the effects
of the global financial crisis began to impact the GCC in the
fall of 2008. With the end of the boom cycle, asset prices have
fallen significantly across the region. While the crisis has
been a major setback, given the differing demographics and local
market fundamentals across the rest of the region, attractive
pockets of opportunity and supply-demand mismatches still exist
in several GCC territories -opportunities to pioneer further
value advantage.
First Bahrain’s management is looking to take advantage of its
strong and stable balance sheet with its significant liquidity
to make acquisitions and further projects in the design stage
that will be ready to activate once the economy improves. First
Bahrain will also continue to research and identify areas of
mismatch in supply across the region.
|

First Bahrain’s investment strategy has been created against
this regional and international macro-economic back drop,
balanced against a clear understanding of the local market
conditions. After analysis of the prevailing GCC market
conditions, we have created a relevant and responsive investment
strategy. Our strategy is characterized by projects that utilise
demand driven fundamentals that are derived from unique
positioning features such as unique zoning solutions, strategic
locations, exclusive operators and anchor tenants.
First Bahrain's holistic investment strategy is ensuring we
realize the full potential for significant value creation -
specialized and intelligent development offerings, delivered to
the market via highly differentiated brand strategies. This
pioneering approach affords our investors and shareholders a
greater level of return by creating 'stand out' projects amongst
a back drop of vague investment offers, in projects that suffer
from a lack of market differentiation. First Bahrain's strategy
is derived from an understanding of real market needs and
contracted on a deep understanding of value development and
market differentiation
|