Aldar Properties (Aldar) awarded an AED318 million (USD86.5 million) contract for the refurbishment and expansion works of Al-Jimi Mall’s. This investment is the latest component of Aldar’s recently announced AED3 billion (USD816 million) investment strategy. Al-Jimi Mall is a key retail asset in Al-Ain, currently fully occupied, with a footfall of eight million visitors a year. Aldar’s investment will add an additional GLA of 33,000 sqm, bringing the total leased area to 76,000 sqm of retail space. The project will also include a refurbishment for the existing mall. The expansion works will be completed before the end of 1Q2018. (Construction Week Online)