Thursday 24 April 2014
 
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Platinum Tower

Pearl, Reef in Platinum Tower deal

Pearl Real Estate Development Company has entered into an end-user financing agreement with Reef - Real Estate Finance Company for its second major project, Platinum Tower. Under the agreement, Reef is to provide Sharia-compliant mortgage

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Work on $66m Platinum Tower begins

Construction work has begun on the BD25 million ($66 million) Platinum Tower in the Seef area and the project is expected to be completed in 24 months. Pearl Development and Real Estate Company (PDREC), a consortium of investors from Bahr

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Pearl plans second project in Bahrain

Pearl Development and Real Estate Company (PDREC), a consortium of GCC investors, will launch its second project in Bahrain. Valued at an estimated development cost of BD25 million ($66m), the Platinum Tower project will be located in Seef

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