Fakhro Tower 3.89

Fakhro Tower is a commercial office complex in Manama, Kingdom of Bahrain, located across the street from the Bahrain City Centre mall. The building is constructed on 30 floors consisting of a double-height lobby with showroom space, 5 floors of podium parking, and 24 floors of office space. The tower was designed by The Modern Architect and constructed by Kooheji Contractors.Abdulla Yousif Fakhro & Sons BSC(c), one of the oldest family businesses in Bahrain is an anchor tenant in the tower and currently occupies the topmost floor. Other Fakhro-affiliated businesses also occupy four of the lower office floors as of January 2013.BackgroundAbdulla Yousif Fakhro & Sons BSC is the owner, property developer and anchor tenant of the building. The occupancy rate of the tower approached 30% at launch in large part due to the relocation of the Fakhro Group of companies into the building. As of January 2013, the Fakhro Tower served as the corporate headquarters of Abdulla Yousif Fakhro & Sons, Fakhro Restaurants , Fakhro Transport , Fakhro Electronics, SunCity Ventures WLL, and Fakhro Commercial Services.On March 3, 2013, the landlord announced the signing of a lease agreement with KPMG Fakhro. KPMG had committed to over two floors in the building and began fit-out works with the intention to occupy their premises in the second quarter of 2013. KPMG represents the first major third-party tenant in the tower.