Majid Al Futtaim MAF Shopping Malls  

Majid Al Futtaim (MAF) Group Shopping Malls

Majid Al Futtaim shopping malls - list of shopping centers owned and operated by MAF Group in Dubai, UAE, and international locations.

• Majed Al Futtaim Group (MAF) are Dubai based but develop and operate shopping malls in the UAE and Middle East region.
• MAF also also operate a number of Carrefour hypermarkets in the Middle East through their subsidiary Majd Al Futtaim Retail.
• Carrefour supermarkets are located in Egypt, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, with more planned for Bahrain, Iran, Lebanon, Pakistan, and Syria.

List of Majid Al Futtaim Group Shopping Malls

1. Qatar Entertainment City is a joint venture with Abu Dhabi Investment House (ADIH) to develop a shopping, hotel and office complex in the "Downtown Precinct" of Doha. Announced 18 November 2008
2. A Reuters report 14 October 2009 said Al Futtaim Group is looking for a second site in New Cairo to develop another Cairo Festival City.
3. Bloomberg report 03 November 2009 gave tentative details of planned shopping malls including a second one in Damascus.

MAF Properties facts and figures (02 May 2010 press release)

• MAF Properties operates 10 shopping malls in the Middle East and North Africa (MENA) region.
• Total Gross Leasable Area (GLA) of 800,000 square meters. Expected to increase to over 1.3 million sq m by 2014 with the opening of 4 new malls. Which is about the same as the size of The Dubai Mall. Actually that's an unfair comparison - Dubai Mall GLA is about 350,000 sq m, while total area is 1.1 million sq m.
• Total customer traffic in MAF shopping malls was 120 million visitors in 2009.

MAF shopping mall expansion

• 05 April 2012 - Gulf News reported the CEO of MAF Properties, Peter Walichnowski, as saying "Our strategy is to double the size of our current portfolio of 11 malls to add between 10 to 12 more malls in the next five years," after the opening of the new Fujairah City Centre.
• Beirut City Center shopping mall in Lebanon - construction started September 2009, completion expected Q1 2013. Development cost $300 million. Location is on the Beirut - Damascus road in the Hazmieh district. Facilities include 200 stores on 3 levels, 40 restaurants cafes and other food outlets, a rooftop dining area, a VOX cinema complex, Magic Planet children and family entertainment center, the first Carrefour hypermarket in Lebanon (area 13,000 sq m) (05 March 2012 news reports).
• Khams Shamat in Syria is a US$1 billion (AED 3.7 bn) mixed use tourism mega-project in the Sabboura/Yafour area on the Damascus-Beirut highway.
  • Facilities will include hotels, office space, schools, medical facilities, public parks, art galleries, and amphitheatre, shopping mall, and a town square with outdoor shopping, restaurants, and cafes.
  • Total area about 1 million sq meters (not clear if that is for just phase I or the whole project). Phase one construction dates from September 2010 to 2014 (press release 07 September 2010).
  • Shopping mall GLA about 200,000 sq m with 400 shops including a Carrefour hypermarket, 100 restaurants, cinema screen complex with 20 screens, children's play area, 5-star hotel connected to the shopping mall (media reports 16 October 2010).
• Majid Al Futtaim Properties plans to invest AED 12.8 billion ($3.5 billion) in developing 4 new shopping malls in Egypt, Lebanon, Syria, and UAE by 2014 or 2015 (press release 02 May 2010).
• Al Bayan newspaper reported 17 March 2010 that MAF Properties plan to open 10 new shopping malls in the Middle East region. Location details unknown.
• MAF Properties plans a shopping mall, hotel, and office project in Syria. Construction cost AED 3 billion (US$817m), land area 1 million sq meters (Reuters 16 March 2010 - based on comments from MAF CEO Peter Waclichnowski). Same report also said that MAF is in talks to develop shopping malls in Yemen and Saudi Arabia, and plans to add 14 new projects by 2015 in Egypt, Lebanon, Oman, Qatar, Saudi Arabia, Syria, UAE, Yemen.
• MAF shopping mall construction and/or Carrefour hypermarkets planned for Iran, Lebanon, Oman, Saudi Arabia, Syria, Yemen. About 8-10 projects possibly by 2014 (Reuters 05 October 2009).

Beirut City Center

• About 200 shops on 3 levels. Stores and brands include Centrepoint department store (Babyshop, Lifestyle, Shoe Mart, Splash), H&M, Jack Wills (UK), Pottery Barn, Pottery Barn Kids. Other facilities include restaurants, cafes, food court, roof-top dining area, Magic Planet entertainment zone, VOX Cinemas film theatre complex.
• Opening date expected to be early 2013.
• Location on the Damascus-Beirut Road in the Hazmieh district.

Majid Al Futtaim Group personnel

• CEO of Majid Al Futtaim Properties - Peter Walichnowski (press release 02 May 2010)

Last update Friday 04-May-2012. Page development 4L 5C.

Related pages

• Shopping malls in Abu Dhabi
• Shopping malls in Dubai
• Shopping malls in Sharjah
• Shopping malls in UAE

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