Riffa Views and European developer join forces for final stages of project completion

Riffa Views announced today that it has signed a partnership agreement with Layetana, an accomplished European development company, which will provide extra senior management resource as the project moves into its final stages. Layetana, who bring a considerable level of international expertise and experience, will support the efficient completion of the project , which will include the handover of over 1,000 villas.

Richard Browning, Chief Executive Officer of Riffa Views, said “During 2008, the project suffered delays as a result of the shortage of building materials which was experienced by the entire construction sector throughout Bahrain. However, we worked hard to manage the situation and we have subsequently seen important milestones being achieved such as the opening of the International School and the soft opening of the golf course. We are now beginning the main handover phase of the villas. This is a very important stage, as the project becomes real for many people, and we believe that the addition of Layetana to the management team will improve the experience for our homeowners over the months ahead, and is a further demonstration of our steadfast commitment to build and deliver a world-class project for Bahrain.”

The partnership with Layetana will also ensure continuity and consistency at Riffa Views as Richard Browning approaches the end of his involvement with the project. “I have now substantially reached the completion of my agreement with Riffa Views, which has been one of the most satisfying experiences in my career to date, and I am very happy that my exit in due course will be a seamless one for the homeowners. The Layetana team who are joining the Riffa Views management group have precisely the right set of skills and experience to ensure that the delivery of the project meets the homeowners’ expectations in every sense.”

Since its launch, Riffa Views has developed a reputation for quality that is unmatched within Bahrain. This is as a result of the very thorough planning that has gone into the project and the rigid commitment to the high standards of build and finish specified at the outset for this exceptional lifestyle real estate development.

Riffa Views has always been committed to offering a mature and complete lifestyle within a sustainable development. The Layetana team’s expertise will facilitate the achievement of this commitment as planned. The construction of Riffa Views is continuing to progress at a fast pace, with the clubhouse and the country club nearing completion.

Alfredo Laffitte, Managing Director of Layetana, stated “With completed developments in Europe, we have a strong track record of efficient and reliable delivery of large real estate projects. Based on our research and knowledge of the Middle East, we are very pleased to be joining what we believe is a standout project in the Gulf Region, and are looking forward to working with the Riffa Views team as we deliver the vision, and turn it into homeowners’ lifestyles.”