Abu Dhabi, UAE: Al Farwaniya Property Developments, the developer behind Reem Mall, Abu Dhabi’s up and coming retail, dining and leisure destination, today showcased the construction progress of the US$ 1.2bn project.

Construction of the mall commenced in late 2017, and within the first few months, 13 tower cranes have been erected and raft foundation works are well advanced with over 55,000 m3 – more than 9000 truckloads – of concrete set in place, and over 5,500 tonnes of reinforcement installed.

In addition the superstructure of the project is now underway with the first suspended slab’s recently poured and vertical works progressing across the whole site.

Reem Mall is set to bring 2 million sq. ft. of leasable area (2.9 million sq. ft. of floor area) which will comprise more than 450 retail brands, dining options as well as a range of entertainment concepts, including the much-anticipated Snow Park Abu Dhabi, a destination snow park attraction.

Commenting on the construction update, Shane Eldstrom, Chief Executive Officer of Al Farwaniya Property Developments said, “We’re very excited about the pace at which Reem Mall construction is progressing. The cranes are on site, we have nearly completed the substructure and have already completed several sections of floor in the superstructure. We look forward to delivering this world class destination, to the people of Abu Dhabi and the wider UAE.”

Al Farwaniya Property Developments also announced that infrastructure works had commenced with geotechnical investigations required for the projects elevated roads which will when completed provide unparalleled access to the mall for visitors.

Reem Mall site is located in the Najmat District on Reem Island, the residential and commercial master development by Reem Developers. Reem Island is planned to have a population of 200,000 at completion.

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About Reem Mall

Reem Mall is Abu Dhabi’s major new retail, leisure, dining and entertainment destination. The Reem Mall project will comprise 450 stores, including 85 F&B outlets and a range of family-focused entertainment offerings including Snow Park Abu Dhabi by Majid Al Futtaim.

For more information please visit the website: www.reemmall.ae

Please connect with us on Facebook: www.facebook.com/reemmall

About Agility

Agility is one of the world’s leading providers of integrated logistics. It is a publicly traded company with more than $4.6 billion in revenue and more than 22,000 employees in over 500 offices across 100 countries. Agility Global Integrated Logistics (GIL) provides supply chain solutions to meet traditional and complex customer needs. GIL offers air, ocean and road freight forwarding, warehousing, distribution, and specialized services in project logistics, fairs and events, and chemicals. Agility’s Infrastructure group of companies manages industrial real estate and offers logistics-related services, including customs digitization, waste management and recycling, aviation and ground-handling services, support to governments and ministries of defense, remote infrastructure and life support.

For more information about Agility, visit www.Agility.com

Twitter: www.twitter.com/agility

LinkedIn: www.linkedin.com/company/agility

YouTube: www.youtube.com/user/agilitycorp

About NREC

Established in Kuwait in 1973, NREC is a publicly listed real estate and investment company with a presence in the Middle East and North Africa. Over the years, NREC has grown into one of the largest real estate companies in the region with assets exceeding US$ 1.8 billion. Headquartered in Kuwait, NREC has subsidiaries and developments across the MENA region, including the UAE, Egypt, Jordan, Iraq, Lebanon, and Libya. NREC’s portfolio of projects (completed or under development) includes offices, mixed use centers, industrial parks, residential communities and super-regional malls. In addition to a strong track record in property development, NREC brings experience and required knowledge in property management of commercial complexes and shopping centers.

For more information please visit the website: www.nrec.com.kw

About UPAC

Established in 2000, publicly listed on Boursa Kuwait, and headquartered in Kuwait, UPAC is a leading commercial real estate and facilities management company with a specialization in Build Operate Transfer (BOT) initiatives. Its services cover project management and consultancy, real estate development as well as property and facilities management. UPAC manages over 24,000 sqm of commercial space at the Kuwait International Airport, Sheikh Saad Terminal and other prominent locations within the country.

For more information please visit the website: www.upac.com.kw

About Reem Developers

Headquartered in Abu Dhabi, Reem Developers is one of the key developers in the capital, contributing to the city’s cosmopolitan skyline in alignment with the Abu Dhabi 2030 vision. A subsidiary and real estate arm of the prestigious Reem Investments, Reem Developers delivers immaculate quality projects, leaving a mark on the city with creative, efficient and functional design. With a diverse portfolio of successful projects, Rawdhat, Najmat and Nalaya villas are a few that have redefined vibrant living and tranquil bliss in one setting. A blend of natural beauty and modern innovation, these projects rise to the forefront with their conceptual essence, highlighting the distinguished standard Reem Developers produces.

About Najmat

Najmat, a 165 hectare Manhattan-like township covers 20% of Reem Island. Najmat will be home to residential and commercial towers and will also feature a marina, canal, waterfront promenades, hotels, shopping malls, schools, healthcare facilities, mosques, parks and ample open spaces. The first two of three infrastructure phases are complete and development is currently underway.

For more information please contact:

Divya Nagpal

Four Communications Group

reemmall@fourcommunications.com

055 5217370

© Press Release 2018

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