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FINANCIAL NEWS
Aldar targets Al Ain as key expansion market
25 Jul 2016
(MENAFN) Aldar Properties, Abu Dhabi’s leading investment and management firm, sees Al Ain as a key growth market for its retail portfolio, backed by its vibrant business landscape.
driven by strong consumer demand, the city’s retail sector is expected to grow rapidly as retail space per resident is set to raise to nearly 1.115 sq m by 2030.
Moreover, Al Ain’s strong fundamentals and its cultural significance within the Emirate of Abu Dhabi have led it to become a vital destination for Aldar’s development strategy.
It’s worth mentioning that Al Jimi Mall, Al Ain’s first and favorite shopping destination attracting 8 million visitors annually, is currently undergoing in massive expansion program to add 65 stores.
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