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Bawadi, Al Ghurair $2.7bn JV
- United Arab Emirates: Saturday, May 26 - 2007 at 16:55
Bawadi has teamed up with Al Ghurair Investment to develop a $2.7bn shopping mall at the development. Phase one is set to be completed by 2012 and will cover a gross leasable area of 4m sqft. The project follows the decision to double the investment in Bawadi and develop the biggest shopping area in the world on a total space of 40m sqft. The mall will re-create the Okaz Souq.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, May 26 - 2007 at 16:55 UAE local time (GMT+4)
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This article was updated on Tue May 29 2007.
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