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Project Portfolio - Riffa, Kingdom of Bahrain

Etihad Hospital Development Opportunity

An operator-led opportunity to assess and potentially convert a substantially constructed multi-storey property into a private hospital serving Bahrain's healthcare market.

Existing 12-storey Property Operator-led Clinical Concept Funding to Be Structured
Current position: the asset is a building, not an operating hospital. There is no predetermined clinical concept or bed count, no completed hospital fit-out and no current hospital operating licence.
Etihad Hospital Development Opportunity - Bahrain

Opportunity at a Glance

An existing building available for an operator-defined hospital concept

The owner is seeking an experienced hospital operator to determine the appropriate clinical model, capacity, specialty mix and operating structure, and is also seeking a financing solution for conversion, fit-out, equipment and working capital.

12Storeys in the existing development
5Upper floors proposed for conversion assessment
1,870+ m²Documented net space across floors 5-9
61+Parking spaces indicated in the drawings
1,500 kVAExisting EDD transformer shown

Location and Property

A well-connected high-rise property in Riffa

The property is located in the Tameer Commercial District, Hajeyyat, Riffa, with direct access from National Charter Road, formerly Al Estiqlal Highway, and surrounding roads.

Architectural documentation prepared by Bahrain Engineering Bureau describes a 12-storey showroom and office development comprising a basement, ground floor, mezzanine, four covered parking levels, five upper office levels, an amenity floor and roof-level technical areas.

The five upper floors are intended to be evaluated and reconfigured for clinical use. The approximately 400 m² amenity floor may offer additional common or support-space potential, subject to operator assessment, healthcare design and regulatory approval.

Project facts

LocationTameer Commercial District, Hajeyyat, Riffa
Current assetExisting substantially constructed building only - not an operating hospital
Clinical spaceFloors 5-9, subject to survey and operator design
Development approachOperator-led clinical and operational concept
Partner soughtExperienced GCC or international hospital operator

Existing Building Configuration

A building with space, parking and circulation already in place

LevelExisting configuration
BasementParking, pump room, meter room, telephone room, water tank room, general store and service areas.
Ground floorLobby and reception, shops or showrooms, security, EDD substation and vehicle-access ramps.
MezzanineAdditional shop and service areas.
Floors 1-4Four dedicated covered parking levels connected by ramps.
Floors 5-9Five upper floors presently configured as offices and intended for operator-led clinical conversion.
10th floorAmenity and common-facility floor of approximately 400 m².
Roof areasTechnical terrace, lift machine room and mechanical and pressurisation equipment.
Area clarification: the architectural drawings explicitly document at least approximately 1,870 m² of net space across floors 5-9. The gross area is higher because corridors, lift and stair cores, toilets and other common areas are excluded. The final gross usable hospital area must be confirmed by an architect's schedule or measured survey.

Development Advantages

A platform for an operator to shape the right healthcare proposition

01

Operator Freedom

No fixed bed count or clinical programme is being imposed. The operator can define target patients, specialties, capacity and the balance between inpatient, day-care, outpatient and diagnostic services.

02

Existing Infrastructure

The property includes extensive parking, vertical circulation, an electrical substation and fire and life-safety infrastructure that can form a basis for conversion assessment.

03

Flexible Partnership

Management, branding, long-term lease, strategic investment and joint-venture structures can be considered depending on the selected operator and financing strategy.

04

Accessible Location

The Riffa location has direct access from a major road corridor and surrounding roads, supporting patient, visitor, employee and service access.

05

Parking Capacity

The drawings indicate at least 61 spaces across the basement and four dedicated covered parking floors, subject to final schedule confirmation.

06

Historical Licensing

A General Hospital licence was previously issued for Etihad Hospital, demonstrating an earlier NHRA licensing process, although this licence has expired and must not be treated as current.

Technical Starting Point

Useful infrastructure requiring hospital-specific validation

The drawings identify three lifts, including a fireman lift, together with two stair cores and central corridors on the upper floors. The ground-floor documentation shows an EDD substation with a 1,500 kVA transformer.

Sprinkler coverage, fire-alarm arrangements, car-park ventilation, smoke extraction and stair and lobby pressurisation systems are shown in the documentation. These installations provide a valuable starting point but require assessment against current Bahrain healthcare, fire, accessibility, infection-control and hospital-engineering standards.

Hospital-specific HVAC, medical gases, emergency power, nurse call, ICT, sterile services, clinical waste handling and specialist equipment requirements must be defined through the operator-led design process.

Proposed operator role

  • Assess the property technically and commercially.
  • Define clinical positioning, specialties and bed capacity.
  • Direct the functional programme and design requirements.
  • Specify medical equipment and hospital technology.
  • Support licensing, commissioning and recruitment.
  • Establish clinical governance and operational readiness.
  • Operate the hospital under an agreed long-term structure.

Potential Commercial Structures

Flexible participation by operator and capital partners

01

Management Agreement

A long-term hospital-management agreement with project financing arranged separately.

02

Management and Brand

An operating agreement combined with the operator's brand, systems and licensing framework.

03

Strategic Investment

Operator participation as a strategic shareholder in the hospital project SPV.

04

Joint Venture

A structure combining the property owner, hospital operator and a financial investor.

05

Lease and Operate

A long-term lease or operating model, subject to commercial and regulatory feasibility.

06

Separate Financing

An operator-led clinical solution combined with external equity, debt or blended project financing.

Funding position: a definitive funding requirement cannot yet be established responsibly. Conversion CAPEX will depend on the operator's clinical model, capacity, specialties, MEP modifications, medical equipment, fit-out standard and pre-opening working-capital requirements.

Development Roadmap

From operator selection to hospital opening

1. Select OperatorComplete preliminary operator review and agree the preferred participation model.
2. Define ConceptSet clinical positioning, bed capacity, specialties, patient segments and operating model.
3. Validate and StructureComplete design, engineering, regulatory work, CAPEX, business plan and financing structure.
4. Deliver and OpenClose financing, complete fit-out and equipment, license, recruit, commission and commence operations.

Information Available

Documents for preliminary operator review

  • Hospital Project Profile, including property photographs.
  • As-built architectural drawings by Bahrain Engineering Bureau.
  • Floor layouts from basement through upper roof.
  • Building elevations and sections.
  • Historical NHRA licence copy for Etihad Hospital W.L.L.

Due Diligence Priorities

Matters requiring confirmation

  • Gross built-up area, title, encumbrances and property valuation.
  • Current NHRA and other regulatory requirements.
  • Structural, lift and circulation suitability for hospital use.
  • MEP, emergency-power, HVAC and utility capacities.
  • Water, drainage, medical-gas and waste-management requirements.
  • Conversion, equipment and pre-opening budgets.
Important regulatory note: an NHRA General Hospital licence was previously issued in the name of Etihad Hospital W.L.L. / Etihad Hospital and was valid from 4 October 2016 until 3 October 2017. It has expired. The historical licence is evidence of an earlier licensing process, but it is not a current operating licence and does not confirm that the present building configuration is currently approved for hospital use.

Invitation to Qualified Operators

Assess and lead a potential hospital conversion in Bahrain

International and GCC hospital operators with experience in private healthcare, hospital commissioning or third-party hospital management are invited to indicate preliminary interest. Strategic or financial participation is welcome but is not a prerequisite where external financing can be arranged.

Request the operator information package

Following an expression of interest and appropriate confidentiality arrangements, detailed architectural information and supporting project documents can be made available for preliminary assessment.

Request Information
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