Latest news with #CityscapeBahrain
Daily Tribune
3 days ago
- Business
- Daily Tribune
Cityscape Bahrain Returns This November with a New Vision to ‘Elevate Your Lifestyle'
Cityscape Bahrain, the Kingdom's premier real estate exhibition and investment forum, is set to return for its fourth edition from 25 to 29 November 2025 at Exhibition World Bahrain. Held under the theme 'Elevate Your Lifestyle', this year's edition will spotlight the continued growth and transformation of Bahrain's real estate sector. Over the course of five days, Cityscape Bahrain will serve as a strategic platform connecting government entities, real estate developers, investors, financial institutions, and industry leaders to explore investment-ready projects and long-term opportunities across both residential and commercial landscapes. Organised in partnership with the Real Estate Regulatory Authority (RERA Bahrain), the event is expected to welcome over 12,000 attendees, including local and international stakeholders from across the real estate and investment industry. Cityscape Bahrain 2025 will also host the fourth edition of the Cityscape Bahrain Conference, running from 25 to 28 November under the theme 'Investing in Bahrain'. The conference will highlight the Kingdom's growing appeal as a dynamic hub for regional and global investors, bringing together public and private sector leaders to explore Bahrain's ongoing efforts to enhance urban development, improve quality of life, and position the Kingdom as a premier destination to live, work, and invest. This edition of Cityscape Bahrain comes amid heightened market activity and investor confidence. More than 76% of the exhibition space has already been sold, reflecting strong demand from both regional and local developers. The event also coincides with growing interest in Bahrain's Golden Visa program, which offers long-term residency to eligible real estate investors. Cityscape Bahrain continues to reinforce the Kingdom's position as a leading destination for real estate and investment, reflecting a forward-looking vision aligned with Bahrain's national development priorities.
Biz Bahrain
6 days ago
- Business
- Biz Bahrain
Cityscape Bahrain returns this November with a new vision to ‘Elevate Your Lifestyle'
Cityscape Bahrain, the Kingdom's premier real estate exhibition and investment forum, is set to return for its fourth edition from 25 to 29 November 2025 at Exhibition World Bahrain. Held under the theme 'Elevate Your Lifestyle', this year's edition will spotlight the continued growth and transformation of Bahrain's real estate sector. Over the course of five days, Cityscape Bahrain will serve as a strategic platform connecting government entities, real estate developers, investors, financial institutions, and industry leaders to explore investment-ready projects and long-term opportunities across both residential and commercial landscapes. Organised in partnership with the Real Estate Regulatory Authority (RERA Bahrain), the event is expected to welcome over 12,000 attendees, including local and international stakeholders from across the real estate and investment industry. Cityscape Bahrain 2025 will also host the fourth edition of the Cityscape Bahrain Conference, running from 25 to 28 November under the theme 'Investing in Bahrain'. The conference will highlight the Kingdom's growing appeal as a dynamic hub for regional and global investors, bringing together public and private sector leaders to explore Bahrain's ongoing efforts to enhance urban development, improve quality of life, and position the Kingdom as a premier destination to live, work, and invest. This edition of Cityscape Bahrain comes amid heightened market activity and investor confidence. More than 76% of the exhibition space has already been sold, reflecting strong demand from both regional and local developers. The event also coincides with growing interest in Bahrain's Golden Visa program, which offers long-term residency to eligible real estate investors. Cityscape Bahrain continues to reinforce the Kingdom's position as a leading destination for real estate and investment, reflecting a forward-looking vision aligned with Bahrain's national development priorities.
Zawya
27-02-2025
- Business
- Zawya
Bahrain real estate transactions dip 4.8%
Bahrain's real estate market experienced a slight cooling in 2024, with a marginal dip in transaction volumes and values, according to CBRE Middle East's latest market review. Despite this, the third Cityscape Bahrain event injected some positive momentum, showcasing over 50 projects and attracting over 10,000 visitors, with BD341 million in deals reportedly agreed. Total real estate transactions registered in 2024 reached 24,863, a 4.8 per cent decrease year-on-year. The total value of transactions also saw a minor decline, reaching BD1.056 billion, compared to BD1.074bn in 2023 and BD1.087bn in 2022. The second half of 2024 witnessed subdued performance across various sectors. However, Cityscape Bahrain, held in November, provided a significant boost, with numerous new projects announced, potentially counteracting the overall market softening. The residential sector presented a mixed picture. Average sales rates for apartments dipped 1.6pc in the second half of 2024 compared to the previous year, while villa sales rates saw a slight 1.8pc increase. A growing trend in the residential market is the increasing focus on sustainability, with developers incorporating eco-friendly features to attract buyers and renters concerned about utility costs. Initiatives such as deep gravity sewage systems and solar-powered irrigation are becoming more common. The retail sector remained relatively stable, with average occupancy rates across tracked retail centres decreasing by only 0.15pc. Destination malls maintained the highest occupancy. The trend towards entertainment-based experiences in retail properties continues, as retailers seek to combat increased competition and limited consumer spending. The retail sector saw a 12.7pc supply growth in 2024 across all shopping centre categories. Average rental rates remained flat from the first to the second half of 2024, following a 4.2pc decline from the previous year. Bahrain's office market experienced slight declines in average rental rates during the second half of 2024, with Grade A and B offices averaging BD5.1 per square metre per month. Continued growth in supply, coupled with subdued demand, is putting pressure on rental rates and occupancy. However, new, high-quality office stock, meeting international standards, continues to enter the market. The hospitality sector saw positive growth, with a 7.3pc year-on-year increase in passengers at Bahrain International Airport, reaching 9.4m in 2024. The number of 5-star hotel room keys increased by 9.5pc from 2023 to 2024, with a further 4.4pc growth expected in 2025. CBRE Bahrain director for advisory and transactions Heather Longden commented on the office market challenges, noting the pressure on rental rates due to increasing supply and stagnant occupancy. She emphasised the importance of providing modern, high-quality office solutions to meet evolving occupier expectations. Highlighting the mixed performance of the residential sector, CBRE Bahrain senior analyst for strategic advisory Samantha Schiffman noted that villas outperformed apartments in sales rates. She explained that demand for villas is primarily driven by local residents, while apartments are often seen as investment properties targeting expatriate tenants. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Biz Bahrain
26-02-2025
- Business
- Biz Bahrain
Bahrain's Real Estate Transaction Performance Trends Continue in the Second Half of 2024
CBRE Middle East, the global leader in commercial real estate services, released its latest edition of the Bahrain Real Estate Market Review for the second half of 2024. In Bahrain, a total of 24,863 real estate transactions were registered in 2024, a -4.8% decrease year-onyear. There was also a dip in value terms with transactions totaling BD1.056 billion, a drop of -1.6% as compared to 2023's BD1.074 billion and -2.8% compared to 2022's 1.087 billion. H2 2024 saw subdued performance across real estate sectors. However, the third iteration of Cityscape Bahrain was held in November, showcasing over 50 projects and attracting over 10,000 visitors. The exhibition reportedly saw BD341 million in agreed deals over five days and announcements for multiple new real estate projects, providing a boost to Bahrain's real estate market. In the Residential Sector, average sales rates for residential apartments were down -1.6% in H2 2024 as compared to 2023, having remained broadly unchanged in H1. The dynamics of villas were more positive, with sales rates rising 1.8% year-on-year. Sustainability is increasingly becoming a key consideration for developers in Bahrain, as both buyers and renters alike are looking for more ecofriendly and future-proof options, with utility costs a growing concern. As they look to capitalize on international trends, local developers are introducing initiatives such as a deep gravity sewage system to minimize energy consumption and a solar powered treated water irrigation system to alleviate water scarcity concerns. Looking at the Retail Sector, average occupancy across CBRE's tracked retail centres remained relatively steady from H1 to H2 2024, with a decrease of just -0.15%, with the highest occupancy rates seen at Bahrain's destination malls. Trends towards entertainment-based experiences continued within retail properties across Bahrain, as transitional retail seeks to mitigate the ongoing difficulties of increased competition and limited consumer spending power. Supply growth in 2024 was recorded at 12.7% across all shopping centre categories. Recorded average rental rates have remained flat from H1 to H2 2024 across all shopping centre types, following a decline of -4.2% from the previous year. Average rental rates in Bahrain's Office Sector declined slightly during H2 2024, with Grade A & B office rates sitting at BD5.1 per square metre per month across tracked locations. Demand remains subdued, however, growth in supply continues, with new quality stock, including buildings meeting international standards, being added to the rental market, albeit at a more conservative pace than previous years. This combination of factors, with growing supply diluting the tempered demand, has impacted occupancy and rental rates across the board. In the Hospitality Sector, H2 2024 saw 4.7 million passengers travel through Bahrain International Airport, marking an increase of 1.5% as compared to H1. This brought the total passengers for 2024 to 9.4 million, an overall increase of 7.3% year-on-year. The total number of 5* hotel room keys increased by 9.5% from 2023 to 2024, with a further 4.4% growth anticipated during 2025. Heather Longden, Director – Advisory & Transactions in Bahrain, comments: 'The Bahrain office market continues to witness notable additional stock being added, particularly within the Grade A segment. Increasing supply met with generally stagnant occupancy rates is placing pressure on rental rates. Investors and developers that provide office solutions that meet the advancing expectations of occupiers, in terms of commercial terms, leading quality and modern facilities are likely to fair better moving forward in a challenging market.' Samantha Schiffman, Senior Analyst – Strategic Advisory in Bahrain, comments 'The residential sector has demonstrated mixed performance in registered sales rates for apartments and villas, with villas outperforming slightly in terms of average sales rates, with a slight uptick recorded in H2 2024. Generally, demand from the local population is understood to be driven by the requirement for villa homes, with apartments seen as investment prospects with expatriate tenants as the ultimate end users.'
