Over half the space at Yas Mall in Abu Dhabi already leased.Developer Aldar Properties has reported that over 50 per cent of the space at its Yas Mall project has now been leased, in advance of the shoppingcentresAAE scheduled opening date at the end of 2013. Aldar, in a statement, described the level of interest in the 235,000 square metre (2.53 million square feet) mall generated amongst retailers, as AostrongAo. It went on to say, "More than 50 percent of the space has already been pre-leased, with agreements in place with five of the UAE's leading retail groups: MH Alshaya, Landmark Group, Dubai Holding Group, RSH (Remote SHell) A Unix command that enables a user to remotely log into a server on the network and pass commands to it. It is similar to the rlogin command, but provides passing of command line arguments to the command interpreter on the server at the same time. (Middle East) and Liwa Trading Enterprises," a promising outlook for Abu DhabiAAEs retail sector which has lagged behind near neighbour and prominent tourist destination in the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. (UAE), Dubai. Six Construct, a subsidiary of Egyptian firm Orascom Construction, have been awarded the main construction contract for the mall, the value of the deal was said to be 2 billion Dirhams (US$ 545 million). Aldar announced a plan to utilise debt to partially fund build cost, at the back end of 2011. The design of the shopping centre was pared back from an original 300,000 square metres (square feet) to its present size, in two stages starting in 2010, in order to reduce costs. Yas Mall will encompass a hypermarket hy·per·mar·ket n. A very large commercial establishment that is a combination of a department store and a supermarket. hypermarket Noun a huge self-service store [translation of French , concept stores, high street as well as luxury fashion outlets, a multiplex cinema and family entertainment centre, along with many other global headliners in retail, restaurants and leisure. Based on a series of streets and avenues with a covered, landscaped town square as its focal point, the project has been awarded The Abu Dhabi Urban Planning CouncilAAEs (UPC (Universal Product Code) The standard bar code printed on retail merchandise, which is administered by GS1 US, Brussels, Belgium and Lawrenceville, NJ (www.gs1.org). ) Estidama Two Pearl rating, making it the only shopping destination in the Arabian Gulf region to achieve this category of sustainable design. With 10,000 car parking spaces, Yas Mall will offer exceptional road connectivity including dedicated junctions, with direct links to the E10 Sheikh sheikh or shaykh Among Arabic-speaking tribes, especially Bedouin, the male head of the family, as well as of each successively larger social unit making up the tribal structure. The sheikh is generally assisted by an informal tribal council of male elders. Khalifa Highway, the E11 from Dubai, and Abu DhabiAAEs second garden city Al Ain, as well as more immediate surrounding residential areas. Copyright Andy McTiernan. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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