Cityscape Bahrain 2024 concludes with record-breaking BD341 million real estate transactions

TDT | Manama

Email: mail@newsofbahrain.com

His Excellency Essam bin Abdulla Khalaf, Chairman of the Real Estate Regulatory Authority (RERA), has announced the conclusion of the third edition of Cityscape Bahrain 2024, held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

The exhibition achieved unprecedented success, with real estate transactions exceeding BD341 million.

Khalaf highlighted that this achievement reflects the attention and support given to Bahrain’s real estate sector by His Majesty King Hamad bin Isa Al Khalifa, and the follow-up of HRH the Crown Prince and Prime Minister, further solidifying Bahrain’s position as a global investment destination and a centre for sustainable growth in real estate.

Leadership

Khalaf noted that this year’s event extended the success of its previous editions, showcasing Bahrain’s leadership in hosting investment-focused exhibitions and events.

It attracted significant participation from developers, investors, and property seekers, enhancing Bahrain’s status as a competitive regional and international economic hub.

The third edition of Cityscape Bahrain 2024 saw record-breaking figures, with over BD341 million real estate transactions concluded.

Confidence

These numbers underscore the high level of confidence in Bahrain’s real estate sector and its ability to attract premier investment opportunities.

The exhibition featured participation from over 40 prominent local, regional, and international real estate companies, presenting innovative projects that combine modernity and sustainability.

These projects catered to diverse investor interests, blending luxury with cutting-edge trends in sustainable and technological advancements within the real estate industry.

Specialised conference

This year’s event included a specialised conference discussing the latest trends in the sector and the second Bahrain Real Estate Innovation Competition, which encouraged young talents to showcase creative ideas and innovative concepts.

These initiatives reflect Bahrain’s commitment to nurturing future leaders in the real estate industry and aligning with the aspirations of the next generation to shape a sustainable and prosperous future.