Line Investments mall project at Silicon Oasis
UAE developer showcases new mall projects
DUBAI, October 29, 2018
UAE-based mall developer Line Investments & Property is showcasing its new projects - Mall of UAQ, a mall project in Sharjah and in Silicon Oasis - at the annual RECon ME & North Africa convention in Dubai, UAE, which opened on October 28.
Running till October 30, the convention is an annual gathering of a regional body representing shopping centre industry professionals, retailers, management and consulting companies, architects and design companies, entertainment and leisure companies, and product and service providers.
Line Investments & Property, the shopping mall development and management arm of the Abu Dhabi-based Lulu Group International, oversees the operations of a line-up of malls in the Middle East and India.
Lulu Group International director Salim M A said: “Line Investments team remain at the forefront of the regional retail industry and attend RECon Mena to stay abreast of the market trends and new age innovations aimed to enhance the retail experience in our projects. We look forward to Mall of UAQ's grand opening, which already has stores open for business since this year.”
Marcello Larizza, general manager at Line Investments & Property – Dubai & Northern Emirates, said: “Our new projects have grown steadily in three different emirates and the team will showcase the USP’s of our suburban community malls especially with key anchor stores already signed up to add value and increase footfall. As we gear up to open Mall of UAQ, our projects in Sharjah and Silicon Oasis are also getting interest from a wide spectrum of retailers.”
The grand opening of Mall of UAQ in Umm Al Quwain is scheduled for the first quarter of 2019 and is already changing the retail landscape of the emirate with some of the outlets already open to public. Outlets open for business include Orange Hub - a 2,313-sq-m family entertainment centre (FEC), a 9,122-sq-m Lulu Hypermarket & Department Store, Joyallukas, Sony, Jawhara, Hour Choice, V Perfumes, Oud Elite, Ahmed Al Maghrabi Perfumes, and Optic Zone
More stores to open in Mall of UAQ this year include a five-screen Star Cinemas, Starbucks, Gloria Jeans, Bath & Body Works, Damas, Mumuso, Wow Salon, Tawjeeh, Mothercare, UPIM, Etisalat and much more. The single-level mall, which features 20,000 sq m of gross leasable area (GLA), will also offer 13 F&B (food and beverage) outlets including KFC, Hatam, Pizza Company, and more, all supported with 600 parking spaces.
The Line Investments Mall project in Sharjah features 42,000 sq m of GLA of unique mid-range retail to suit the relevant catchment area profile. Scheduled to open in 2019, the mall already has Vox Cinemas and Lulu Hypermarket & Department Store on board.
The wide range of F&B outlets with a unique food street experience offers visitors a wider choice of dining options that suits all tastes and budgets. The mall USP’s include a 15,700-sq-m Lulu Hypermarket & Department Store, 11-screen VOX Cinemas, 3,300-sq-m Orange Hub - a new family entertainment eentre in town - and over 1,800 parking spaces.
In the early stages of development is the Line Investments mall project in Silicon Oasis, which is scheduled to open in 2020. With 81,500-sq-m GLA, it is designed to accommodate premium retail, and positioned as a leisure destination offering easy accessibility to the neighbouring communities with a user-friendly layout. Lease agreements are already signed with Lulu Hypermarket, 12-screen VOX Cinemas and Train, a gym to keep the community in shape.
It has a comprehensive retail mix over 35,500 sq m, 3,200 parking spaces and a 16,700-sq-m Lulu Hypermarket and Department Store, 25 food court units, 13 casual restaurants and cafes, and 6,800 sq m of FEC.
The Line Investment team will be at the convention on Stand 24 and 25 from October 28-30 at Ritz Carlton DIFC networking with retail industry leaders and related service providers. - TradeArabia News Service