$2.7m package for Seef Mall tenants

Manama, April 14, 2011

Seef Properties has announced a BD1 million ($2.7 million) relief package for tenants at Seef Mall in light of recent events which have impacted shopping activity across all shopping centres in Bahrain.

The relief package is designed to provide short-term assistance to tenants and to boost footfall with an exciting programme of marketing and promotional activities.

'This pre-emptive gesture of goodwill reaffirms our commitment to support the national economy and retail sector, especially the small to medium enterprises which represent an important element in the tenant mix at Seef Mall,' said Seef Properties general manager Robert Addison.

Seef Mall's BD2.5 million refurbishment plan which began in January is proceeding according to schedule. The upgrade aims to attract consumers to Bahrain's original family mall and bolster its competitive standing.-TradeArabia News Service

Tags: Bahrain | real estate | retail | Seef Mall | Shopping | rental | unrest | protests | tenants |