Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 40 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Lulu to set up biggest hypermarket at Capital Mall
BY OUR BUSINESS BUREAU August 02, 2012
 Print    Send to Friend

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.

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
KCT strengthens operational efficiency
Khorfakkan: Gulftainer, a privately owned, independent terminal operating and logistics company, has taken delivery of four state-of-the-art Ship to Shore (STS) and 12 Ru..
Etihad Airways and Alitalia to enhance connections
ABU DHABI: Etihad Airways and Alitalia, Italy’s leading carrier, will offer enhanced connections between Abu Dhabi and three of Italy’s biggest cities next year, with com..
ADIB named ‘Islamic Bank of the Year’ by IFLR
Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, has received the prestigious ‘Islamic Bank of the Year 2014’ award for the 2nd cons..
UAE participates in 5th edition of Global Entrepreneurship Summit in Morocco
ABU DHABI: The UAE is participating in the fifth edition of the Global Entrepreneurship Summit (GES) being hosted in Marrakesh, Morocco, on Thursday and Friday. The UA..
Dubai to host Realty India Expo tomorrow
DUBAI: A 2-day Realty India Expo will be held in Dubai on Nov.21 and 22. Organised by Mindscape Exhibitions, the property show will bring 78 Indian developers under one r..
 
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright