Dubai PR Network, Online Press Release from Dubai and Middle East
 
Mall, Retail & Hospitality(Real Estate & Retail)
Filter PR by
  
Reem Mall demonstrates significant construction progress
 
Reem Mall demonstrates significant construction progress

Last few tower cranes expected to be erected in the upcoming months

Abu Dhabi, UAE, 02 September 2018:   Reem Mall, Abu Dhabi’s up and coming Retail, Dining and Leisure destination has announced the construction for the US $1.2 billion project is well underway, in line with the planned construction and finance targets.

The construction for the mall commenced in late 2017, with the foundation stone laid earlier this year.

Al Farwaniya Property Developments, the Developer behind Reem Mall, has also disclosed that as of August 2018, more than fourteen tower cranes have been erected, and over 120,000 m3 of reinforced concrete has been cast in place, with some sections now reaching level 4. 

Once completed the project will encompass 350,000 m3 of reinforced cement concrete, 75,000 tons of rebar, 10,000 tons of structural steel and 75,000 m2 of pre-cast hollowcore concrete panels for a total built up area of over 650,000 m2.

Shane Eldstrom, CEO of Al Farwaniya Property Developments stated, “We are very proud to announce that Reem Mall has been progressing smoothly and is in line with our construction schedule. With construction that commenced during the latter part of 2017 and  with a team of 4,000 workers on site, Reem Mall is well on its way to becoming the most exciting addition to Abu Dhabi’s retail and social landscape”.  

“Reem Mall will be a unique lifestyle destination – a place which will  bring families, friends and communities together. In addition to the world class retail, leisure and entertainment offering, it will bring vital infrastructure and improved connectivity, ensuring that our investment in Abu Dhabi continues to benefit local communities in the future.”

Reem Mall site is located in the Najmat District on Reem Island and is part of the residential and commercial  master development by Reem Developers. Reem Island is expected to have a population of 200,000 people when fully built out. .

This project is being developed by Al Farwaniya Property Developments, a partnership between three Kuwait-based companies: Agility, Agility affiliate United Projects for Aviation Services Company (UPAC), and National Real Estate Company (NREC). Together, the three companies bring a sound financial base, extensive experience in asset management and commercial real estate development, and a successful track record of  mall operations for the mega-mall project.


Posted by : Dubai PR Network Editorial Team
Viewed 5923 times
PR Category : Real Estate & Retail
Posted on : Sunday, September 2, 2018  11:07:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Centro Sharjah Eliminates Use of Plastic Straws
Next Story : Back to School With Burjuman Has Never Been Better
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market [9614-Views]
Interview with Asil Attar, CEO of Al Yasra Fashion [9443-Views]
Festive Gift Sets from Bubble T [8241-Views]
Holiday Gifting Made Easy with Wet n Wild Beauty Specials [8198-Views]
Get Ready for Party Season with Lottie's new make-up hits [8168-Views]
Tissot PR100 Lady Sport – Chic Glamourous Festive Season [7625-Views]
Winter wool Christmas must- haves [7540-Views]
DKNY Launches (Limited Edition) Holiday 2018 Collection [6930-Views]
Samsung Galaxy A9 – Designed to capture the world in its fullest [6350-Views]
Chic and Stylish Wraps with a 3 in 1 effortless concept [6326-Views]
Michael Kors Collection Transeason 2019 Press Presentation [6259-Views]
New 1948 Seamaster Watches Join the Ranks' [6179-Views]
9th Edition of China Homelife Exhibition to Have Over 3000 Exhibitors Across Business Sect... [5392-Views]
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu [5307-Views]
Tissot PR100 Lady Sport – Chic Sporty yet Feminine [5270-Views]
Santa is Coming to Town! [5228-Views]
Els Back for the 30th Omega Dubai Desert Classic Aiming for a Record Fourth Victory [5100-Views]
Dubai Shopping Festival Wednesday Specials at The Smile Bar [4874-Views]
UAE students win top awards at international math competition in Malaysia [4642-Views]
Enjoy 11 exciting new street entertainment shows at BOLLYWOOD PARKS™ Dubai [4563-Views]
Get Party Ready with Champion Cleaners [4416-Views]
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world [4215-Views]
'Introducing the GUESS Jeans Fall 2018 Collection' [4160-Views]
Nine winners honored by DQG for their innovative ideas at the 10th Global Continual Improv... [4050-Views]
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Middle East a... [3910-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories