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Eye of Riyadh
Tourism & Hospitality | Monday 16 April, 2018 12:11 pm |
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Landmark Group Announces Expansion Plans for Oasis Mall

Landmark Group, one of the largest retail and hospitality conglomeratesin the Middle East, Africa and India, is expanding its shopping mall footprint across four GCC countries under its Oasis Mall brand.

 

Oasis Mall, the leading neighbourhoodshopping destinationin the region,will open fournew mallsin strategic locations in the UAE, Oman,&Bahrain.

 

Supported by Landmark Group’s vast history of creatinginnovative businesses, and utilising its rich experience and expertise, the upcoming malls will be located in vibrant communities to deliver an enjoyable experience to customers in both urban centres as well as satellite cities. 

 

Set to be completed in 2019, the expansion willincreaseOasis Mall’spresence to 11malldestinationsacross existing territorieswith a total GLA ofover 2.6 million square feetof retail space withinthe malls’portfolioof over 500 stores. 

 

Mark Ruffley, Business Head – Oasis Malls, said: “We pride ourselves on our in-depth understanding of the GCC retail landscape and our ability to meet changing customer needs with speed and simplicity. With the new neighbourhooddestinations, we aim to offer shoppers and retailers an engaging retail experience that is fun, inviting, affordable and approachable, through a vibrant mix of retail, dining and entertainment for the entire family.”

 

Recent statistics from Frank Knight, a global real estate consultancy firm, reveal that the existing malls in the UAE, combined with the ones that are in the pipeline, will together account for ten million square meters of retail space by 2020, promising a bright future for malls.

 

In the UAE, Oasis Mall is set to open its first destination in Sharjahin early 2019, which will also host the Emirate’s firstflagshipCentrepoint store, and the first Cinépolis Cinema in the UAE. The upcoming 61,000 square metre, multi-storey destination will host severalof Landmark Group’s other home-grown brands as well, including, HomeCentre, Max, Fun City, Emax and Shoexpress, as well as other well-known brands includingCarrefour market,Okaidi, Vincci, Parfois,Nabeel Perfumes and more. 

 

Outside the UAE,threenew destinations willbe launched –one in Bahrain andtwo in Oman. In Oman, following the tremendous response for Oasis Mall in Khuwair district of Muscat, new destinations will open in Sohar and Salalah by Q42018. The new mall in Bahrainwill be home to over 80 shops including Landmark’s flagship storesCentrepoint, Homebox, Fun City, Max, a platinum standard Fitness First,  Cineco Cinemas, Carrefour marketand a host of over 20 food outlets including Hard Rock Café openingin Q3 2018 inin Juffair.

 

Ruffley added: “The new malls will feature designs, materials and finishes thathave been inspired by nature, and driven by functionality. We have incorporated natural elements to the overall look and feel andfocused on sustainability in all aspects of design and material use.”

 

With a focus on implementing sustainability and ensuring family friendly spacesacross the destinations, and providing a compact, shopping-friendly format with ample parking spaces, Oasis Mall strives to be a ‘good neighbour’ in every way, as part of its commitment to enhance lifestyles in the various communities it serves. 

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