FINANCIAL NEWS

UAE’s NREC appoints mSquared as its USD1b project consultant

22 Jun 2014

(MENAFN) National Real Estate Company (NREC) has awarded mSquared Shopping Centers a deal to become its consultant for The Reem Mall, according to Arabian Business.

The new mall, which is a USD1 billion-worth shopping destination, is expected to be completed in 2018.

UAE-based mSquared will provide The Reem Mall with retail development, leasing and asset management services.

Shane Eldstrom, NREC’s vice president – development, said: “The Reem Mall project is now in full swing and we are in the process of hiring and working with the best consultants and advisors.”

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