- Sector
- Finance
- Industry
- Real estate development
- Address
- Manama Bahrain
- IPO Date
- Apr 26, 2007
- Business
- Seef Properties B.S.C. is a Bahrain-based real estate development, property management, hospitality, and entertainment company. Founded in 1999 and headquartered in Manama, Kingdom of Bahrain, the company operates across four core business segments: Commercial Real Estate and Shopping Mall Operations, Hospitality, Leisure and Entertainment, and Real Estate Project Development.
In its Commercial Real Estate and Shopping Mall Operations segment, the company develops, manages, and leases retail, commercial, and mixed-use properties, with an asset portfolio comprising Seef Mall - Seef District, Seef Mall - Muharraq, Seef Mall - Isa Town, and the Al Liwan mixed-use complex in Hamala; provides commercial leasing services for international and regional retail brands, food and beverage concepts, banking institutions, and corporate tenants; and delivers integrated facilities management, tenant coordination, property maintenance, and retail asset administration services.
In its Hospitality segment, the company owns and oversees premium accommodation properties, featuring Fraser Suites Seef Bahrain, a luxury serviced apartment complex integrated with Seef Mall in the Seef District that offers fully-equipped residential suites, corporate meeting facilities, recreational amenities, and long- and short-term hospitality services.
In its Leisure and Entertainment segment, operated through its wholly-owned subsidiary Seef Entertainment S.P.C., the company creates, owns, and manages family entertainment centers, amusement parks, and experiential recreational facilities; its brand portfolio includes Magic Island, an established chain of indoor family entertainment centers featuring arcade games, interactive attractions, and family rides situated within its retail properties; Yabeela, a large-scale indoor family entertainment park located at Al Liwan featuring multi-level adventure courses, virtual simulations, and dynamic attractions; and Hawa, an indoor inflatable active-entertainment park designed for children and families.
In its Real Estate Project Development segment, the company executes master planning, architectural development, asset repositioning, and urban commercial projects, leading developments such as Al Liwan in the Northern Governorate, which integrates open-air retail boulevards, dining destinations, entertainment facilities, and upscale residential apartments, as well as managing and operating commercial market destinations such as Souq Al Baraha in Diyar Al Muharraq.
In recent operational and strategic developments, Seef Properties B.S.C. has expanded its mixed-use footprint through the full-scale commercialization and tenant expansion of the Al Liwan project in Hamala, securing high-profile regional and global retail, lifestyle, and culinary tenants. Through its entertainment subsidiary Seef Entertainment, the company has broadened its proprietary leisure portfolio by launching and scaling new experiential entertainment concepts, including Yabeela and Hawa, to diversify revenue streams beyond traditional retail leasing. Additionally, the company has implemented comprehensive asset revitalization and modernization programs across its established retail properties, including interior renovations, tenant mix repositioning, and infrastructure upgrades at Seef Mall Seef District and Seef Mall Isa Town. Seef Properties has also broadened its operational reach by taking over the property management and leasing operations of Souq Al Baraha in Diyar Al Muharraq and entering into strategic partnerships with national tourism entities and commercial partners to drive retail footfall and domestic tourism across Bahrain.