Community malls developer aswaaq has announced plans for two new neighbourhood retail developments in Dubai.

The community malls will open in the growing areas of Nad Al Sheba and Al Quoz 2 with a total built up area of 88,000 sq ft to meet increasing demand in these areas, the company said in a statement.

Over the next five years, aswaaq said it plans to open 50 further supermarkets and marts, and 23 community malls, with a reach that extends across the emirates.

aswaaq said that the contract for the new developments has been awarded to contractor Green Bridge, adding that both new retail developments are to be located in the heart of each neighbourhood. More info

By Staff  arabianbusiness.com

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