Deerfields Town Square appoints Jones Lang LaSalle to advise on set up and operation of new community mall in Abu Dhabi
- United Arab Emirates: Sunday, May 20 - 2012 at 12:58
- PRESS RELEASE
Mubarak Brothers Investments (MBI) and Deerfield's management, the owners and developers of the Deerfields Town Square Mall in Al Bahia, Abu Dhabi announced that they have appointed international property consultants Jones Lang LaSalle to advise on the property management set up and operation of the Centre due to open at the end of 2012.
Banu Tas, General Manager of Deerfields Town Square said, "Jones Lang LaSalle's experience of operating and managing shopping malls around the world will help us deliver the very best in new community facilities, providing a quality shopping experience for those living and working in Al Bahia, Shahama, Rahba and Khalifa Cities as well as the wider catchment area. Jones Lang LaSalle has provided on-site property management services for properties totalling approximately 1.2 billion sq ft globally. In addition to the property management team, Jones Lang LaSalle's retail division is also helping us with our leasing and retail mix strategy and we have already successfully leased 50% of the development."
Graham Howat, Head of Property and Asset Management at Jones Lang LaSalle in MENA commented that "We are extremely honoured to have been selected by Deerfields Management to develop their management systems and procedures for the new mall. Property management is becoming increasing sophisticated in the Middle East and we are pleased to see developers like MBI embrace the opportunity of having professional mall management in place from day one to ensure success for their tenants and their shopping public."
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