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Wednesday, November 25 - 2009

Al Wa'ab City welcomes premier supermarket retailer, Spinneys, to Doha

Al Wa'ab City Management and Spinneys Qatar W.L.L signed an agreement to open the first Spinneys store in Qatar at the flagship multi-billion dollar project, Al Wa'ab City.

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  • Sheikha Hanadi Nasser Bin Khaled Al Thani with Hussein Al-Siddiqui of NBK, Michael Wright of Spinneys and Narayanan Rajago.
    Sheikha Hanadi Nasser Bin Khaled Al Thani with Hussein Al-Siddiqui of NBK, Michael Wright of Spinneys and Narayanan Rajago.
Spinneys currently operates several outlets in Lebanon, UAE and Egypt.

Sheikha Hanadi Nasser Bin Khaled Al Thani, CEO of Al Wa'ab City and Michael Wright CEO of Spinneys signed the agreement.

Spanning 6,585 square meters of space, the ME's premier supermarket retailer will be located adjacent to the entrance of the Barahat Al Wa'ab, Al Wa'ab City's unique Piazza. The Spinneys outlet will be a full service supermarket, but with great emphasis on fresh foods, prepared and served with the highest standards of hygiene, in a modern and comfortable shopping environment. The international sourcing power of Spinneys will bring an unrivalled range of products from around the region and the world.

The business venture is set to raise the standards of the supermarket retail industry in the country and is a key milestone in Al Wa'ab City's plans to offer diverse shopping choices for its future residents.

Sheikha Hanadi Nasser Bin Khaled Al Thani, CEO of Al Wa'ab City said:

"Al Wa'ab City is privileged to welcome Spinneys to Doha, which reiterates our commitment to offer the finest retail and lifestyle choices for our residents. We are looking to promote unique experiences for our residents and the wider population in Qatar by providing unparalleled offerings. Al Wa'ab City is poised to be a lifestyle destination of choice that will energize the residential, retail and tourism concepts."


Al Wa'ab City Management has retained world class Facility Managers SNC Lavalin ProFac to manage and operate the entire development, ensuring a quality experience for residents, tenants, shoppers and visitors to the Al Wa'ab City project. SNC Lavalin ProFac was instrumental in brokering the agreement between Al Wa'ab City and Spinneys

Michael Wright said: "Spinneys is on a quest to bring its unique mix of quality and superior service to the markets across the region. Keys to success are the very best of locations and in Al Wa'ab City, Doha, Spinneys has found a perfect match. Spinneys has an 85 year tradition of service in the region and is recognized as the leading premier supermarket chain, and it is with great pleasure that Spinneys looks forward to serving the consumers of Qatar."

The store will open in 2010.

Al Wa'ab City is Qatar's first family-planned community and a multi-use development conveniently located along one of Doha's main arterial roads and in close proximity to some of Doha's major academic institutions and sporting facilities.

Al Wa'ab City integrates a wide variety of housing styles and options, small- and large-scale retail, low-rise offices, health facilities, and a world-class 200-room luxury hotel surrounding the 44,000 sqm stunning urban piazza - "Barahat Al Wa'ab".

Al Wa'ab City will be home to more than 8,000 people in approximately 2,000 residential units. The development spreads over an area of approximately 1.25m square meters with over 10,700 underground parking lots. This gives Al Wa'ab City one of the lowest population density ratios of any new major development in the country.

Al Wa'ab City is expected to be substantially completed in 2010.
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Notes and media contacts

For more information, please contact:
Al Wa'ab City
Al Wa'ab City is one of the largest privately held real estate project being developed in the State of Qatar. Stretching over 1.25m sqm and promoted by Nasser Bin Khaled Holding, this $3.2bn dollars project is the first family-oriented, self-supporting community - a "City" within a city.

Blending Islamic cultural heritage with modern technologies, Al Wa'ab City offers an exciting mix of residential, commercial, retail and entertainment amenities while providing a pedestrian-friendly environment amidst lush landscaping.

Al Wa'ab City's safe and well maintained environment will be home to over 8,000 people and will have one of the lowest density ratios of any new major development in the country. The residential component of Al Wa'ab City comprises of 92 palatial Al Lewan Villas, 185 luxurious Hattan Villas, 78 Mezzen Villas, 43 Al Sennyar Town Houses and over 1,450 Azha, S'hayl, Al Y'ah and Merzam apartments.

Al Wa'ab City will incorporate more than 200,000 square meters of commercial accommodation and over 100,000 square meters of retail accommodation including a unique Boutique Mall.

Founded on the concept that at the heart of every community is a social gathering space, Al Wa'ab City is centered around a vibrant piazza the "Barahat Al Wa'abŪ". Stretching over 44,000 sqm, this lively piazza with its lush gardens, water features and shaded structures will feature a 200-room 5-star hotel.

With a vision to develop a prosperous community based on the principles of quality, cultural awareness, sustainability, longevity and growth, Al Wa'ab City promises to provide viable quality solutions to all its residents and an unparalleled destination to its guests.


Spinneys

Spinneys, the regions' leading premier supermarket retailer, were founded in 1924 in Alexandria, Egypt by British expatriate Arthur Rawdon Spinney.

Spinneys Brand has grown over its 85-year history, to be a unique retail brand in the region. Spinneys delivers all the attributes associated with world class global brands; quality, trust, reliability and combines these with the flexibility of a company born in the region and close to the needs of the consumer.

Currently an expansion of the Spinneys Brand across the GCC, Levant and North African markets is well underway and is proving highly successful, evidencing the Brands' flexibility to needs of diverse consumers.

Abraaj Capital holds a managing stake in the Spinneys Group.

Hala Kassab/ Ahmed Hritani/ Aileen Andojar
ASDA'A Burson-Marsteller
Doha, Qatar
T: + 974 4351 113
F: + 974 4351 511

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