BMMI acquires Addax Tower and car park in Manama
Company to relocate to the building later in the year.
BMMI has announced it has acquired Addax Tower and a 10 floor car park from Addax Bank.
The 17 floor tower, which is located in Bahrain's upmarket Seef District, has been the bank's headquarters since 2007. It is believed the assets have been sold to support the bank's continuing restructuring programme.
Addax Tower is popular with large commercial tenants and BMMI itself has revealed that it intends to relocate its offices to the building later this year.