bahrain-manama

Bahrain’s SIO launches unit to manage real estate portfolio

: Tuesday, May 27 - 2014 @ 01:39

Bahrain’s Social Insurance Organisation (SIO) has launched a development company to manage the long-term sustainable growth of its real estate portfolio, Gulf Daily News has reported. The new subsidiary, Amlak, will focus on maintaining optimal risks and deliver “above-the market” returns for all the properties currently owned by the organisation. Other than building investment opportunities, Amlak will be evaluating current properties and devising a development plan to boost property values.

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Tuesday, May 27- 2014 @ 1:39 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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