Commercial Real Estate : Bahrain
The recently published Savills Middle East report on the Bahrain property Market painted a bleak picture for the mid-market Bahrain commercial real estate (CRE) market (Q4 2021)
The almost 13% plunge in sales & leasing in the mid-market segment was attributed to :
Higher disconnect in demand and supply of inventory
Rise in Hybrid work practices causing downsizing of existing spaces and take-up of smaller spaces.
Higher ESG compliant spaces for tenants
Excerpt from Savills Report on Bahrain Property Market. -Q4 :2021
To arrest this downward trend, it is imperative that a digital mindset, digital workforce blended with newer models of work is critical to embrace the future of work.
This is an exciting time to embrace the future of work and we offer developers, real estate firms, Facilities Managers. asset managers, REIT managers the opportunity to create compounding positive results for their commercial real estate (CRE) portfolio.
Our new initiative - KROW - will be about flipping the essence of work as we add layers of purpose, planet and people to evolve the future of work in a hyperconnected world. Learn more about KROW here https://www.zacrey.com/krow
About us :
At Zacrey we architect the convergence of best ideas, best people and best practices from related industries to deliver our multi-disciplinary and often disruptive results to remain ahead of the curve.
We are human centred, design empowered and technology driven catalysts of transformation that strive to be the vanguard of Industry 5.0 drivers such as education, environment and the creative economy.
To know more visit us at www.zacrey.com or follow us @zacreypartners