Reflects brand's growing strategy to expand in the GCC region
Enma Mall continues to attract regional and international retailers
Bahrain, June 04, 2014 - Clothing and accessories fashion brand, twenty4, and Enma Mall, Riffa, today announced the forthcoming opening of a 2000m2 retail outlet with the signing of the leasing terms and handover of the anchor unit to twenty4. After successful store openings in Bahrain, UAE, Kuwait and Saudi Arabia, the fashion outlet will now cater to the kingdom's shoppers through its store at Enma Mall.
Enma Mall, managed and leased by the leading international property advisory firm CBRE, is prominently situated in East Riffa and offers 27,000m² of contemporary style retail space over three levels including a 500 seater food court, a tempting mix of food and beverage outlets to cater for all tastes along with ample parking space.
Samir Motegheria, Country Manager, twenty4, added "The opening of the new store reflects our aggressive strategy to expand in the region. We believe Enma Mall offers a strong retail position for twenty4 as a major fashion destination in the Kingdom."
"In addition to witnessing significant footfall, the mall also provides a modern retail environment which is friendly and fun for the whole family. Our choice of the location for a new flagship outlet demonstrates not only our confidence in the' Enma brand', but also the potential for growth going forward".
Saleem E Aziz, CEO of Al Enma'a House for Real Estate, owners of Enma Mall, added, "We are delighted to welcome twenty4 to our shopping mall. This new addition to the retail offering in the mall almost completes our intended tenant mix profile, and I look forward to making further announcements shortly, as we are close to confirming other high profile tenancies."
Commenting on the announcement, Michelle Dickinson, Leasing and Marketing Manager at Enma Mall said, "We are delighted that twenty4 fashion selected Enma Mall as a location for their expanding retail presence in Bahrain and have joined other leading brands in offering customers at the mall an unrivalled shopping experience. This further establishes Enma Mall on the retail landscape in the Kingdom and demonstrates that all stakeholders in the mall are committed to supporting their ever growing community of innovative retailers".
Twenty4's young, cool and trendy collection offers incredible value to fashion conscious customers of any age. This formula has proven highly popular amongst consumers, who are spoilt for choice with the brand's exciting variety of clothing and accessories for women, men, children and the home.
Last month, CBRE also announced the relocation of its Bahrain head office to Enma Mall. The relocation will bring CBRE closer to the heart of the Kingdom enabling it to better serve its growing client base in Bahrain and beyond. The combined portfolio of properties managed by CBRE in Bahrain comprise almost 100,000m² of prime office space in commercial districts and retail malls; almost 400 residential units spread across the Kingdom in both compounds and apartment complexes, and more than 50,000m² of industrial and warehousing space.
Across the Middle East, CBRE's highly experienced management team offers a full range of professional real estate services, including Valuation; Tenant & Landlord Agency; Research & Consultancy; Property Management; Building Consultancy & Project Management; Facilities Management; and Global Corporate Services.
About CBREGroup, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.ae
© Press Release 2014
