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Mall of Arabia expansion project, Egypt

19th July 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Mall of Arabia expansion project, Cairo, Egypt.

Client
Egyptian Centre for Real Estate Development (Ecred).

Project Description
The project involves the Phase 2 expansion of the Mall of Arabia from a current gross lettable area of
110 000 m2 to 175 000 m2.

Phase 2 will be built on Ecred-owned land, comprising desert and partially developed land that is not being used for agricultural, commercial or other uses.

Phase 1 is already operational.

Value
The cost of Phase 1 and 2, including the land, is about $660-million.

Duration
Phase 2 is expected to be completed by August 2014.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Ecred, Sameer Manna, tel +20 2 3821 0500 ext 100 or email sammer.manna@fasrealestate.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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