McARTHUR + COMPANY announces JV in Saudi Arabia

October 16, 2018 | By RetailME Bureau

Dubai-based McARTHUR + COMPANY announces its joint venture (JV) with Jeddah-based Real Estate Development Solutions (REDS).  The JV will provide strategic retail real estate services across the KSA with offices in Jeddah in 2018 and Riyadh in 2019.

“We have seen an increased demand for our professional services by developers and investors in the retail and entertainment real estate sector. Opening our offices in Saudi Arabia will ensure we are on the ground, and close to the retail community, giving our clients the best possible commercial results” says Phil McArthur, founder and chairman, McARTHUR + COMPANY.

“Our Board of Directors saw a natural opportunity to team up with McARTHUR + COMPANY. They have the international experience, and we have the local expertise. Having spent my career in the shopping centre industry in Saudi Arabia, we see a strong need for improved standards, guest experience and ultimately investment returns,” adds Mohammad Alawi, CEO of REDS.

McARTHUR + COMPANY, established in 2011, has offices in Dubai, Cairo, Jeddah, Mumbai and Kuala Lumpur, and provides retail real estate development, leasing and management services.

Real Estate Development Solutions (REDS), is established by a group of seasoned professionals with over 70 years of cumulative experience in mixed-use and retail real estate development, leasing, property management and marketing.



Previous Article Next Article



Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau
Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness 

Continue Reading

November 17, 2022 | By RetailME Bureau
Lulu Hypermarket to open in The Dubai Mall in 2023

Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in 

Continue Reading

November 10, 2022 | By Rupkatha B
Beyond Meat’s Q3 2022 results “disappointing”

Plant-based meat brand Beyond Meat’s financial results for the third quarter of 

Continue Reading

November 10, 2022 | By RetailME Bureau
Barakat unveils new biodegradable packaging

UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire 

Continue Reading

October 27, 2022 | By RetailME Bureau
Pure Harvest CEO Sky Kurtz

UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of 

Continue Reading

October 27, 2022 | By RetailME Bureau
Carrefour signed up as anchor tenant for Midtown Project

Carrefour, owned and operated by Majid Al Futtaim – Retail in the 

Continue Reading

October 27, 2022 | By RetailME Bureau
Grandiose Supermarket announces country-wide expansion plans

Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in 

Continue Reading

October 26, 2022 | By Rupkatha B
100 years of Valrhona

The Valrhona journey began 100 years ago with a cocoa bean. Since 

Continue Reading

October 24, 2022 | By Justina Eitzinger
On-demand grocery delivery in 15 mins

Deliveroo UAE has announced the expansion of its rapid grocery delivery service 

Continue Reading

October 24, 2022 | By RetailME Bureau
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment

The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE 

Continue Reading

October 17, 2022 | By RetailME Bureau

Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis 

Continue Reading

October 13, 2022 | By RetailME Bureau

Download Images RetailME Magazine