Friday 7 August 2020

Baytik Industrial Oasis picks Savills as property, FM manager

MANAMA, 24 days ago

Baytik Industrial Oasis, a high-specification industrial complex in Bahrain International Investment Park (BIIP) has signed up leading real estate expert Savills to provide property, facilities management, marketing and leasing services for the facility. 
Spread over a 54,072 sq m area in the Salman Industrial City, Baytik Industrial Oasis, has become a hub for businesses looking to locate manufacturing and international services operations in the Middle East. It offers turnkey operations for businesses with all required infrastructure. 
Savills is a UK listed company providing an extensive range of residential and commercial real estate services across the UAE, Oman, Bahrain, Egypt and Saudi Arabia. Founded in the UK in 1855, it currently boasts over 700 offices across the America, Europe, Asia Pacific, Africa, and the Middle East. 
Announcing the appointment, Chairman Osama Al Khaja said: "As per the deal, Savills will be responsible for the exclusive property and FM, marketing and leasing services for Baytik Industrial Oasis."
"We believe in providing a cordial business environment to attract international and regional establishments to Bahrain as well as providing opportunities for expansion and growth to local businesses. By partnering with the experienced team of Savills, we further strengthen our commitment to provide services of the highest professional standards to our tenants, who we always consider as our business partners. We welcome Savills on board and wish them best of luck," he stated.
Al Khaja said Baytik Industrial Oasis has always strived to contribute towards the economic development of Bahrain and worked closely with Ministry of Industry and Commerce & Tourism, Bahrain International Investment Park, Economic Development Board, Bahrain Development Bank and other institutions and authorities.
Commenting on the deal, Savills’ Head of Northern Gulf Harry Goodson-Wickes said: "Savills in Bahrain continues to see growth in demand for our services. We are an experienced regional team backed by global specialists and excited as we continue to expand on our services within Bahrain."
"We are eager to provide the best in class to property services to local and international occupiers as we strengthen our relationship with Baytik Industrial Oasis, respected and established market leaders within the kingdom," stated Goodson-Wickes.
"The management of business parks requires specific and unique expertise. Savills offers a comprehensive and methodical approach to address the requirements of both tenants and landlords. Savills has appointed a professional team with substantial experience within the region to manage and deliver world-class services for the daily management of Baytik Industrial Oasis," he added.-TradeArabia News Service


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