Question no:

Bahrain real Estate Investment Company (Edamah) is the real estate arm of the sovereign wealth fund

of the Kingdom Of Bahrain. Incorporated in 2006 to manage and expand an assorted portfolio of real-

estate in Bahrain, Edamah has established itself as one of the Kingdom's leading property developers.

With an unwavering commitment to its founding principles of quality, efficiency and sustainability, and

in line with the highest standards of transparency and corporate governance, Edamah strives to

transform the Kingdom of Bahrain. Driven by its mandate to build for Bahrain, Edamah leads the

kingdom's dynamic property sector with a diversified portfolio aimed at boosting economic growth as

well as enhancing social wellbeing for all citizens and residents. Taking centre stage for Edamah at the

the Gulf Property Show in 2021 at The Avenues mall for their new project Bilaj Al Jazayer project which

was spread over 1.3 million sq m, the mixed-use Bilaj Al Jazayer Development is centered around a

stunning 3-km beachfront and will feature resorts, residential villas and apartments, food and beverage

outlets, offices, and retail and entertainment offerings. The project also aims to contribute to the

creation of a smart and sustainable city in the Kingdom in line with its UN Sustainable Development

Goals (SDGS) 2030, which focus on protecting the environment and building a sustainable and

diversified economy.

The Bahrain real estate sector has been hit hard by global pandemic, the island still suffers financial

concerns, the real estate prices is also effected. As a property advisor you are required to analyse the

market for Edamah and provide suggestion for the following questions.

1. Evaluate the current position of Bahrain real estate market and what was the effect of the Covid

19 to the sector.

2. The Bilaj Al Jazayer project is the recent project of Edamah, analyse the current position of this

project and suggest whether there is enough space for mega projects.

3. What kind of investors and what kind of loan you suggest for this project

4. Name possible mortgage able interest in real estate and comment on their risk as collateral to lenders.