Iconic Marina Mall put up for public auction


One of Manama’s most recognisable commercial landmarks, Marina Mall, has been officially put up for public auction, creating a rare investment opportunity in the heart of the capital.

The prime property, currently closed, has been listed on the Government Land Investment Platform, with bidding set to close on February 22, according to official auction details.

Capital Trustees Authority (Municipality) director-general Mohammed Al Sehli said the offering presents a strategic chance for investors seeking a high-profile asset in a central location.

“This is a unique opportunity for investors,” Mr Al Sehli said. “The long-term tenants have left, explaining that they now operate too many outlets across the country and are consolidating their services. This opens the door for a new vision and redevelopment potential.”

The property, located in Nuaim within the Capital Governorate, sits at the core of the Manama Central Market area – one of Bahrain’s busiest commercial districts. The land spans approximately 227,000 square metres and is classified for commercial use, allowing for investment, operation, and management of the existing complex.

https://www.gdnonline.com/Details/1372487

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