Thursday 13 December 2018

Select partners with top Bahrain real estate company

MANAMA, February 28, 2018

Premium British developer Select Property Group has partnered with Metropolitan Holding, Bahrain’s leading real estate company, to offer the investors based in the kingdom direct access to investment opportunities across its impressive UK portfolio.

The move is a significant step in the expansion of Select Property Group’s reach to investors across the GCC, and a successful development in its relations with prominent real estate companies in the region.

At an investment seminar, jointly held by both companies in Manama, guests were introduced to the benefits of investing in the UK, and more specifically Manchester - the city offering the highest investment yields and capital growth according to HSBC.

Home to a growing number of students, young professionals and international brands, Manchester has one of the UK’s fastest growing economies, with average rental yields currently 65 per cent higher than in London.

Investors were also given an insight into Select’s investment opportunities available in Manchester, including residential projects from the group’s brands - Affinity Living and Origin Homes - plus exclusive access to the developer’s latest luxury offering, CitySuites 2, which launches next month.

CitySuites 2 is the second release from Manchester’s number one serviced apartment brand, offering a guaranteed rental yield of 7 per cent for two years, said the British developer.

Properties are also fully managed, making it an ideal investment for overseas buyers.

Luay Cheblak of Metropolitan Holding said: "We are delighted to have secured this partnership with Select Property Group, allowing us to offer local and expat investors in Bahrain unbeatable investment opportunities in the UK."

"Our recently held UK property investment seminar, which focused particularly on the city of Manchester and why it is a is a favourite amongst GCC investors, was a resounding success," he added.-TradeArabia News Service

Tags: Bahrain | investors | Select Group |

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