Al Hamra upgrades Manar Mall with $100m investment

Dubai - Mubasher: Al Hamra Real Estate Development (AHRED) on Wednesday announced the expansion and development of Manar Mall, Ras Al Khaimah’s biggest shopping centre, with $100 million in investments.

The mall’s total leasable area increased from 27,000 square metres to 55,000, the Ras Al Khaimah-based real estate development and investment company said in a statement.

 The mall expansion also added 80 new stores to reach over 120 as well as 30 food and beverage outlets, Al Hamra noted.

 It is also announced that Manar Mall’s unique waterfront promenade will be completed in the third quarter of 2019.

“We are committed to delivering the ultimate must visit, must return entertainment complex by attracting leading international brands and a diverse range of F&B outlets. Our vision has always been to be the largest and most visited mall in the Northern Emirates, further underscoring our position as the leading developer and investment company in the region,” CEO of Al Hamra Benoy Kurien said

Mubasher Contribution Time: 02-Jan-2019 12:58 (GMT)
Mubasher Last Update Time: 02-Jan-2019 12:58 (GMT)