08 June 2011
Several Agreements Were Signed by Dar Al Arkan With Local and International Companies Perk Up "Alqasr Mall" and the Mid of Riyadh

"Alqasr Mall" of Dar Al Alarkan Real Estate Development Company keeps on attracting big local and international companies and world brands. The mall will be the largest trading and recreational center in the mid-southern district of Riyadh city, an area that will economically flourish with the presence of Alqasr project and its mall which will cover a shortage in central shopping facilities of a quality in the areas of mid, southern and western Riyadh which entertain only 15% of the totality of shopping centers in the capital city of Saudi Arabia.

Mr. Abdulrahman Al Dakheel Head of Property Management at Dar Al Arkan announced that the company has signed a series of new agreements with many brands in different sectors to reserve spaces in the mall. The company has signed agreements with: The Body Shop for cosmetics and skin care, Abdulsamad Alqurashi for eastern perfumes, Alhomaidhi for watches and diamonds, Ibdaa Almesam for women accessories, Almunsir Trading Establishment and Sultan Al Enazi Establishment for restaurants and confectionary. Mr. Al Dakheel further added that the last period witnessed the conclusion of many agreements between Dar Al Arkan and many large companies to showcase their world brands and products in the mall, pointing out that "Alqasr Mall" will entertain companies from different sectors including "Carefour", Alhokair Entertainment Group, and Dana Trading Group enfranchising the world brands of ADK, Fridys Project, Blanko and Mango, as well as Dar Al Bandar International Trading Company, enfranchiser of  City Max, Iconic, Center Point, Carpisa, Bossini, Shoe Express.

Mr. Al Dakheel considered the achievements attained at "Alqasr Mall" a success in company's plans to augment its income-generating real estate assets as a third source of revenues beside trading in land and sale of high-quality real estate products, ensuring a noticeable progress in these plans.

Mr. Al Dakheel considers the launching of Alqasr Mall a momentous commercial event in the city of Riyadh as it entertains a variety of renowned world brands, accommodating more than 300 retail outlets and anchor shops, hypermarket, restaurants, family entertainment area , wide corridors and see-through glass elevators, in addition to other modern features making the mall a place of attraction for families and shoppers of different ages and nationalities. Mr. Al Dakheel concluded that "Alqasr project with its blended assortment of services has revived the whole area bringing it closer to being an appealing entertainment area resembling other areas of popularity in Riyadh city".

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© Press Release 2011