Line Investments & Property LLC to showcase three new mall projects at RECon MENA 2018
Dubai, UAE: Line Investments & Property L.L.C (LIP), the shopping mall development and management division of Lulu Group International will highlight the progress of key projects at the annual RECon MENA convention with senior management of LIP at the convention to meet key stakeholders.
Lulu Group International Director, Mr. Salim M.A. said, “Line Investments team remain at the forefront of the regional retail industry and attend RECon MENA to stay abreast of the market trends and new age innovations aimed to enhance the retail experience in our projects. We look forward to Mall of UAQ grand opening, which already has stores open for business since this year.”
Marcello Larizza, General Manager at Line Investments & Property LLC – Dubai & Northern Emirates said, “Our new projects have grown steadily in three different Emirates and the team will showcase the USP’s of our suburban community malls especially with key anchor stores already signed up to add value and increase footfall. As we gear up to open Mall of UAQ, our projects in Sharjah and Silicon Oasis are also getting interest from a wide spectrum of retailers.”
The grand opening of Mall of UAQ, is scheduled in the first quarter of 2019, which is already changing the retail landscape of the Emirate with some of the outlets already open to public. Outlets open for business include Orange Hub a 2,313 sqm Family Entertainment Centre, a 9,122 sqm Lulu Hypermarket & Department Store, Joyallukas, SONY, Jawhara, Hour Choice, V Perfumes, Oud Elite, Ahmed Al Maghrabi Perfumes, and Optic Zone
More stores to open in Mall of UAQ this year to include a 5 screen Star Cinemas, Starbucks, Gloria Jeans, Bath & Body Works, Damas, Mumuso, Wow Salon, Tawjeeh, Mothercare, UPIM, Etisalat and much more. The single level mall is of 20,000sqm GLA will also offer 13 F~&Boutlets with F&B outlets confirmed to open including KFC, Hatam, Pizza Company, and much more, all supported with 600 parking spaces.
The Line Investments Mall project in Sharjah features 42,000sqm GLA of unique mid-range retail to suit the relevant catchment area profile. Scheduled to open in 2019, the mall already has Vox Cinemas and Lulu Hypermarket & Department Store on board.
The wide range of F&B outlets with a unique food street experience offers visitors a wider choice of dining options that suits all tastes and budgets. The mall USP’s include a 15,700 sqm Lulu Hypermarket & Department Store, 11 screen VOX Cinemas, 3,300sqm Orange Hub a new Family Entertainment Centre in town and over 1,800 parking spaces.
In the early stages of development is the Line Investments mall project in Silicon Oasis scheduled to open in 2020. With 81,500sqm GLA, it is designed to accommodate premium retail, and positioned as a leisure destination offering easy accessibility to the neighboring communities with a user-friendly layout. Lease agreements are already signed with Lulu Hypermarket, 12 screen VOX Cinemas and Train, a gym to keep the community in shape.
It has a comprehensive retail mix over 35,500sqm, 3,200 parking spaces and 16,700sqm of `lulu hypermarket and department store, 25 food court units, 13 casual restaurants and cafes, and 6,800sqm of FEC.
The Line Investment team will be at the convention on Stand # 24 and 25 from the 28th to 30th October at Ritz Carlton DIFC networking with retail industry leaders and related service providers.
About Line Investments & Property L.L.C:
Line Investments & Property L.L.C, the shopping mall development and management arm of the Abu Dhabi based Lulu Group International, oversees the operations of an impressive line-up of malls in the Middle East Countries & India. With extensive experience in retail business ventures across the GCC, the in-house manpower expertise take projects from concepts stage, sourcing strategic locations, design and development, as well as marketing and operating the projects in their portfolio. As leaders in shopping mall sector offering full 360 degree retail solutions, Line Investments & Property LLC overlooks over a dozen malls in various countries with numerous properties being planned in new cities and markets.