Bahrain9 November 20152 min read

Naseej to purchase land for CanalView

N aseej BSC (c), one of Bahrain's leading real estate development company has announced the signing of an agreement to acquire a plot of land in Dilmuniaat Bahrain Island to develop its latest project "CanalView at Dilmunia". The agreement was signed on the last day of the Bahrai

Editorial Team Legacy

Published 9 November 2015, 8:00 · Updated 21:47

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Naseej BSC (c), one of Bahrain’s leading real estate development company has announced the signing of an agreement to acquire a plot of land in Dilmuniaat Bahrain Island to develop its latest project “CanalView at Dilmunia”.

The agreement was signed on the last day of the Bahrain International Property Exhibition, Bipex 2015 between Naseej BSC (c), Health Island Company (Development Owners) and Ithmaar Development Company (Dilmunia’s Developer).

Present at the signing ceremony were Mohammed Khalil Alsayed, Chief Executive Officer of Ithmaar Development Company, Ahmed Al Hammadi, Naseej’s

General Manager and Sudhakar Pidaparty, Board member of Health Island Company.

Commenting on the deal, Al Hammadi said, “The CanalView project will be developed on a land size of 13,068 square meters, it’s estimated an initial project value is BD24 million.”

Speaking for Health Island Company, Pidaparty welcomed Naseej to Dilmunia at Bahrain: “We are delighted with Naseej’s choice in acquiring land at Dilmunia to develop their next real estate project. We are confident that Naseej will add a distinctive offering to the Dilmunia at Bahrain’s overall delivery of an evolutionarily development that offers its residents and visitors a new destination within the Muharraq Governorate.”

Naseej to purchase land for CanalView

Editorial Team Legacy

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