(MENAFN Press) Lagoon Bahrain, first outdoor mall in Bahrain, announced yesterday signing another agreement with Nadim Asghar Ali Group to occupy a total area of 323 sqm and open three major retail outlets.
The agreement was signed by Lagoon Bahrain General Manager, Fahad Rafea and Managing Director of the 3 retail concepts, Monica Mahak Vaziri. Rafea said, Lagoon Bahrain remains an attractive investment opportunity for retailers given the surroundings and strategic location not only within Amwaj, but also within Bahrain itself for residents and visitors alike.
The destination provides a unique atmosphere and the new addition of the 3 brands to the list of expected openings is definitely proof that the place will be the major attraction in Bahrain in the very near future.
Monica Mahak Vaziri commented, Lagoon Bahrain is actually a very good opportunity given what it offers in terms of location to Amwaj residents as well as to those who travel to the islands from around Bahrain. Our concepts are select and interesting and we hope that they will be among those that attract our targeted segments.
The three new brands aimed to open at the Lagoon Bahrain include Monicas Chocolate Boutique, the first in Bahrain, which will occupy an area of 100 sqm located on the first floor of Lagoon. It will offer select French pastries and desserts as well as a light menu within a comfortable atmosphere. Monicas Chocolate Boutique will also offer delivery and catering services.
The Art & Soul Gallery is a brand that exists in Reston, Virginia (USA). The exclusive Art Gallery will showcase international talent as well as local. The occupied area is 164.8 sqm. Salmas Florist, the first branch in Bahrain, will be a one-stop-shop full service florist offering contemporary designs, gifts and other kind of accessories through a professional design team.
The Lagoon Bahrain is a US 90million retail project located on Amwaj Islands where 60% of the units were sold to investors and 40% is currently being leased to retailers and investors alike.