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Aldar awards Pivot Construction for Al Jimi Mall extension

Staff writer by Staff writer
March 8, 2016
in BusinessToday, Real Estate
0
Aldar Properties net profit up 13% to AED 2.56b in 2015
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Abu Dhabi-based Aldar Properties awarded an AED318m contract for Al Jimi Mall’s refurbishment and expansion works to Pivot Construction Company.aldar1

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Al Jimi Mall, located in Al Ain, is currently fully occupied with footfall of eight million visitors a year.

This Aldar investment will add an additional leased space of 33,000 square metres GLA bringing the total leased area to 76,000 square metres of retail space. The project will include an expansion to the west side of the Mall; the ‘West Wing’ adding 51 new units over three levels.

The expansion work will be completed by end of the first quarter of 2018.

This investment is part of Aldar’s recently announced AED3bn investment strategy.

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