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Lulu to set up biggest hypermarket at Capital Mall
BY OUR BUSINESS BUREAU August 02, 2012
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Abu Dhabi: The region’s largest hypermarkets operator has announced the opening of its biggest store yet in Abu Dhabi.

The proposed 220,000 sq. ft Lulu Hypermarket will come up at the soon to be launched Capital Mall in Mohamed Bin Zayed City in Abu Dhabi. An agreement to this effect was signed on Tuesday by Yusuf Ali M A, Managing Director of Lulu Hypermarkets Group and Mohamed M Al Qubaisi, Chairman of Manazel Real Estate.

Talking to media on the sidelines of the signing ceremony Mohamed M Al Qubaisi said: “we are delighted to have Lulu with us as our anchor tenant and once completed this project will contribute to introducing new life into the area and will revitalise it in accordance with the Abu Dhabi 2030 vision of residential development within the new Capital District.

Yusuf Ali said: “This move is part of our plan to be closer to various residential and new developments taking place in Abu Dhabi and nearby suburbs. Capital mall with its unique location advantage and catchment area is the ideal place for opening our biggest yet Lulu Hypermarket in the region.”

Yasser Geissah, CEO, Manazel, Adel Lotah, Board Member, Manazel, Cliff M Norris, Retail Operations Manager and Bjorn Ostbye, Project Development Manager of Lulu Group were present during the event.

Capital Mall will consist of three stories spanning 60,158 square metres of retail space and house around 278 fashion, electronics, jewellery and service retail stores, in addition to entertainment outlets, which includes a diverse selection of restaurants and cafes.

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