Business
Landmark Group Announces Expansion Plans for Oasis Mall
Landmark Group, among the largest retail and hospitality conglomerates in the Middle East, Africa and India, is increasing its shopping mall footprint across four GCC nations under its Oasis Mall brand.
Oasis Mall, the leading neighbourhood destination in the region, will open up 4 new shopping malls in tactical places in the UAE, Oman, & Bahrain.
Supported by Landmark Group's large background of creating innovative organisations, and utilising its abundant experience and experience, the upcoming shopping centers will certainly be located in lively areas to provide an enjoyable experience to customers in both city centres as well as satellite cities.
Set to be completed in 2019, the expansion will certainly enhance Oasis Shopping mall's presence to 11 mall locations across existing areas with an overall GLA of over 2.6 million square feet of retail space within the shopping centers' profile of over 500 shops.
Mark Ruffley, Business Head - Sanctuary Malls, said: "We pride ourselves on our thorough understanding of the GCC retail landscape and our capability to meet changing consumer requires with rate and simpleness. With the new area locations, we intend to use customers and stores an engaging retail experience that is fun, welcoming, inexpensive and approachable, with a dynamic mix of retail, eating and entertainment for the whole family."
Recent statistics from Frank Knight, a global real estate working as a consultant company, disclose that the existing malls in the UAE, incorporated with the ones that remain in the pipeline, will with each other make up 10 million square meters of retail area by 2020, promising an intense future for malls.
In the UAE, Oasis mall is set to open its first location in Sharjah in very early 2019, which will certainly also host the Emirate's first flagship Centrepoint shop, and the very first Cinpolis Cinema in the UAE. The upcoming 61,000 square metre, multi-storey location will certainly organize several of Site Group's other home-grown brands also, including, House Centre, Max, Fun City, Emax and Shoexpress, as well as other popular brands including Carrefour market, Okaidi, Vincci, Parfois, Nabeel Perfumes and more.
Outside the UAE, three new destinations will certainly be introduced - one in Bahrain and 2 in Oman. In Oman, following the significant feedback for Oasis Mall in Khuwair area of Muscat, new locations will open up in Sohar and Salalah by Q4 2018. The new shopping center in Bahrain will certainly be the home of over 80 stores including Spots's front runner shops Centrepoint, Homebox, Fun City, Max, a platinum standard Physical fitness First, Cineco Cinemas, Carrefour market and a host of over 20 food outlets including Acid rock COFFEE SHOP opening in Q3 2018 in Juffair.
Ruffley added: "The new malls will certainly showcase layouts, products and finishes that have been influenced by nature, and driven by performance. We have integrated natural elements to the overall feel and look and concentrated on sustainability in all elements of design and product usage."
With a focus on implementing out sustainability and making sure family members friendly rooms across the locations, and supplying a small, shopping-friendly layout with sufficient parking spaces, Sanctuary Mall strives to be a 'excellent neighbour' in every way, as part of its commitment to improve way of livings in the numerous communities it offers.