Reem Mall, Abu Dhabi’s upcoming fashion, entertainment and dining destination, has named Al Futtaim Carillion as the preferred tenderer for construction of the $1 billion project.
Reem Mall will enter into detailed contract negotiations with Al Futtaim Carillion exclusively, with the objective of finalizing an agreement to promptly execute the remaining works.
Al Futtaim Carillion has a long history of successfully working in the UAE and elsewhere in the Middle East, having been behind some of the country’s most notable development projects, including Deira City Centre, the Dubai Mall and Dubai Festival City expansions, and New York University in Abu Dhabi.
“The announcement marks yet another milestone for Reem Mall and comes on the back of final permission to construct received from Abu Dhabi Municipality earlier this month. Al Futtaim Carillion was selected as the preferred tenderer due to its strong track record of delivering significant high quality projects in the region, and its team of construction experts,” said Shane Eldstrom, chief operating officer for Reem Mall.
“Dutch Foundation’s works are paving the way for a quick and efficient start of the next stage of construction. As such, Reem Mall is on track to be the mall destination of choice for all residents and visitors across Abu Dhabi upon completion,” Eldstrom added.
Andrew Ridley-Barker, MD of Al Futtaim Carillion, said: “Al Futtaim Carillion prides itself on delivering some of the most notable projects in the region.”
Reem Mall, developed by NREC in partnership with UPAC, will deliver 2 million square feet of leasable area (2.8 million square feet of floor area) of retail, leisure, dining and entertainment choices. It will comprise around 450 stores, including 85 F&B outlets and a range of family-focused entertainment offerings.
Established in Kuwait in 1973, NREC has grown with ventures across the MENA.
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