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English news

26-Jun-2016

Carrefour confirmed as NREC’s Reem Mall’s hypermarket operator

Carrefour has been confirmed as Reem Mall’s hypermarket operator, according to Shane Eldstrom, COO of Reem Mall, a USD1bn shopping mall located on the eastern side of Abu Dhabi’s mainland. Eldstrom mentioned that the company is in discussions with more retailers and further similar announcements will be made over the coming months. The mall has 2mn sqft of GLA, currently being developed by Kuwait-based National Real Estate Company (NREC), in partnership with the Union Projects for Aviation Services (UPAC). Upon its completion, scheduled for late 2018, Reem Mall will include 450 stores and an indoor snowplay park spread over 125,000 sqft. (Arabian Business)

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