PHOTO
Dubai, UAE: Union Coop, the largest consumer cooperative in the UAE through its ‘Investment Division’ has revealed that the completion rate of its commercial center project in the Al-Bada'a area has reached about 20%, and the implementation of this project comes from Union Coop’s endeavor to achieve one of its most important strategic goals, which is the strategic expansion and increasing its outreach to serve the members of society and shareholders, and contribute to obtaining a unique shopping experience. Union Coop plans to achieve this objective in general by deploying branches with international level specifications that allow shoppers to enjoy a unique shopping experience while raising the strategic inventory stock of the emirate in particular and the country in general by 7%.
Commenting on the project, H.E. Khalid Humaid Bin Diban Al Falasi, CEO of Union Coop said: “Union Coop is continuing with its plans to support rapid expansion and proliferation, to achieve the highest levels of benefits for the shareholders and provide the best offers for products at competitive prices for the members of the community,” noting that Union Coop plans to expand to other emirates such as Abu Dhabi, Al Ain and the Northern Emirates as well in the coming years.
Al Falasi further added: “While implementing the Al Bada'a project, we focused on applying the cutting-edge construction standards in the sustainability of the international standards,” explaining that the project located in the Al Bada'a area of Dubai, with a direct view of Al Wasl road, is a two-story commercial center with basement, and ground and first floors, cost AED 40 Million and 39 thousand, covering with a buildup area of 105,970 Sq.ft. providing 61 parking spaces in both basement and ground floors. The Union Coop's Supermarket is located in the first floor on an area of 25,484 sq. ft. / 2367 Sq. M. The completion of the project is expected to be in January 2021.
© Press Release 2020
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
