Javascript DHTML Drop Down Menu Powered by dhtml-menu-builder.com

News
Lona Real Estate Announces Strategic Alliance with Gulf Hotels Group
25 Apr 2012

Established Hotel Group to operate two buildings in the Amwaj Waves Development

Manama, Bahrain, April 25th, 2012: Lona Real Estate B.S.C and Gulf Hotels Grouptoday announced a strategic alliance that will see the Gulf Hotels Group operate an apartment-hotel complex as part of the ultramodern residential development, Amwaj Waves, set in the heart of Amwaj Islands.

The first phase of the Amwaj Waves Development is located in the midst of the Islands’ attractions and within close proximity to the waterfront. It comprises four buildings made up of stunning contemporary architectural design. Middle ground between city and sea, the 304 apartments will offer residents the best of both worlds, combining the bustling cosmopolitan lifestyle with a waterfront harbour experience.

The Chairman of Lona Real Estate BSC, Mr. Abdulla Buhindi stated, "We are delighted to collaborate with the highly reputable Gulf Hotels Groupand look forward to bringing both our expertise to this project."

The Gulf Hotels Group will operate the largest two of the four buildings, where they will create a 4-Star apartment-hotel complex comprising 169 apartments, which is set to open in 2013. The remaining two buildings, comprising 135 luxurious apartments, will be residential and available for freehold sale. All four buildings, two 13-floor and two 7-floor,sit on a central podium, where the swimming pool, exquisitely landscaped gardens and other recreational facilities are located.The buildings are positioned so that from an aerial perspective they clearly resemble undulating waves.

"We are confident the Gulf Hotels Group will bring their expertise and high quality service to Amwaj Waves. These executive apartments will be the first-of-its kind in the Amwaj Islands development," commented Mr. Essa Najibi, Chairman of the Lona Executive Committee.

"We're excited to partner with a strong developer who shares our commitment to bringing best-in-class projects to the Kingdom," said Mr. Aqeel Raees, (CEO) of the Gulf Hotels Group, who operate the renowned Gulf Hotel, the K Hotel in Juffair and the Ocean Paradise Resort in Zanzibar.

There is ample parking, for 380 vehicles, along with planned valet and concierge services. The Ground Floor features themed restaurants, cafes, salons and boutique shops, along with meeting rooms and banqueting facility.

"Construction is well-underway, all the structural work is completed and the project on course to be finished in 2013. We have an incredible array of recreational features here, including a 3500 square meter landscaped podium, a squash court, sauna and steam rooms, four gyms, children’s swimming pool, 230M2adult pool, Jacuzzi, interactive fountains, six BBQ areas, jogging track and a children’s play area for guests and residents to enjoy. This is a very unique and prestigious project which I am proud to be involved in,” said Lona’s Projects Director, Mr. Chris Woodrow.

“Key partnerships with leading developers and operators are vital to continue the growth of Amwaj Islands and its sister projects,” commented Mr. Jameel Almatrook Managing Director of Ossis, Amwaj Islands.

Amwaj Waves features spacious one, two, and three bedroom apartments in addition to eight luxurious penthouses. Maid’s quarters for the larger family are available in the three bedroom apartments and penthouses. All apartments have been designed in a modern contemporary style with a focus on quality and functionality. Each apartment has spacious living and dining areas, with large balconies designed to offer fine views from any outlook.

The Amwaj Waves show apartment is completed and available for any interested parties to view, full project / contact details and the latest photographs / renderings can be found at www.amwajwaves.com

Notes to Editors:

About Lona Real Estate:

Lona Real Estate, a Bahraini closed joint stock company, was incorporated with an authorized capital of BD 25 million and paid up capital of BD 15 million in December 2007. Shareholders of Lona Real Estate represent a team of distinguished business leaders with acclaimed experience in commercial and international property development. Lona Real Estate is strategically positioned as one of the foremost real estate development companies positioned to deploy lucrative projects, regionally and internationally.

About the Gulf Hotels Group:

Gulf Hotels Group is a public listed company established in 1967. The diverse hospitality group operates the Gulf Hotel Bahrain; Gulf Convention Centre; Gulf Executive Residence; Gulf Executive Offices; the K Hotel in Juffair, Bahrain; Gulf Brands International, Bahrain and the Ocean Paradise Resort, Zanzibar. The Group is also a major shareholder in Bahrain Family Leisure Company who operate upscale restaurants.

For media inquiries, please contact:

Nouf Al-Pachachi, +973 39926655, n.alpachachi@meritas.bh on behalf of Lona and Ossis, Amwaj Islands

Monira Al Gosaibi, +973 17746457, email aprmghg@gulfhotelbahrain.com on behalf of the Gulf Hotels Group



Amwaj Waves Marketing Suite, Bldg 9103,Rd 5517,Blk 257 Amwaj Islands, Kingdom of Bahrain - Tel: +973 16030011, Email: info@amwajwaves.com © Amwaj Waves 2019
Designed & Developed by JanGraphic