Bahrain’s GFH Financial Group confirms restart of $700m Villamar project

Bahrain-based GFH Financial Group has re-launched the $700m Villamar project close to Bahrain Financial Harbour after signing a final Sukuk restructuring agreement. Saudi’s Al Rajhi Bank, which was the project’s original financer, was confirmed as the restructuring financer. The Villamar project comprises three towers of 54, 52 and 43 storeys…