Insurance firm Axa's office in $2.5bn Bahrain Bay set for 2019 launch
The French company is collaborating with Bahrain’s family-owned YBA Kanoo Group for the 6,000m2 project
France-headquartered insurance company Axa revealed that its under-construction seven-storey office in Bahrain Bay – which is being developed in collaboration with Bahraini family-owned conglomerate Yusuf Bin Ahmad Kanoo Group (YBA Kanoo) – is expected to open later in 2019.
According to a company statement, design, build, and fit-out works are ongoing for the building, which spans an area of 6,000m2.
Construction Week requested additional details of the project's design and construction, but a media representative for Axa said the company had refused to comment.
Located at a distance of 6.8km from Bahrain International Airport, the deal between Axa and YBA Kanoo was signed days after HM the King of Bahrain Hamad bin Isa Al Khalifa visited France in support of business relations between the two countries.
“The new building will be a more comfortable work-environment for Axa’s Bahrain-based colleagues and also provide a more customer-centric location,” the company said in a statement.
The building will feature rooftop solar panels and automated lighting controls, to keep the sustainability factor intact.
Commenting on the building in Axa's statement, chief executive officer of Axa Gulf, Cédric Charpentier, said: "The building reflects not only the ambitious spirit of our partnership, but also strengthens our commitment to the Kingdom of Bahrain and the region as a whole.”
In November 2017, chief executive officer of Bahrain Bay, Gagan Suri, told Constructinon Week that NSCC had been appointed as the enabling works contractor for Axa's regional HQ, and had commenced work on its package in Q2 2017.
According to construction listings website ProTenders, Chapo is engaged as the project's main contractor, while Enrico Mari Grego Architects is lead consultant, architect of record, and design architect.
Bahrain Bay is a $2.5bn (BHD950) master-planned community, being developed on 43ha of reclaimed land next to the Gulf nation's capital city, Manama.