Bahrain-based Dragon City, the new 1.2 million sqft mall development that’s under construction in the southwest corner of Diyar Al Muharraq City, has already pre-let over 60% of space, reveals Cluttons, international real estate consultancy and the official leasing agent of the retail project.
“With 60% of units now pre-let at Dragon City, it’s a significant milestone in the development set to transform the retail landscape in Bahrain. We continue to record significant interest from a wide range of retailers and wholesalers looking to increase their presence or position themselves in the Bahrain market,” says Harry Goodson-Wickes, head of Cluttons Bahrain.
“Dragon City aims to attract customers from a variety of demographics, with a range of income profiles as well as consumers looking to capitalise on quality Chinese and local products at wholesale prices. In addition to meeting customer demands, it will also allow for the provision of employment opportunities in the local jobs market. We expect even greater interest in the remaining units prior to the development’s official launch later this year.”
Set to cater to both wholesale and retail consumer bases, the unique design of Dragon City is infused with Chinese architectural and cultural aspects and will incorporate 750 retail store units with 48,437 sqft designated for warehouse space.
According to a report by the United Nations, the fashion industry accountsFebruary 18, 2021 | By Shruthi Nair
The jewellery making industry has been under tremendous scrutiny over the yearsFebruary 11, 2021 | By Shruthi Nair
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created
UAE-based Al Islami Foods, one of the largest frozen food companies in
Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free
World’s largest fully integrated online brand in fresh fish and meat e-commerce
Homegrown, organic and plant milk company, Koita has announced its expansion into
Carrefour has announced that it is expanding its robotic fleet, adding 11
Marking the 200th hypermarket opening in Cairo, Egypt, LuLu is celebrating the
Emerging technologies and IT integration in businesses have been taking place for
British fast-fashion retailer Primark says it has no plans to sell its
UAE-based Emaar Malls have announced the resignation of its CEO, Rajiv Suri
Nakheel Malls, the retail arm of master developer Nakheel, has launched its
Majid Al Futtaim has underlined its commitment to sustainability and creating unique
Majid Al Futtaim has opened its first Carrefour store in Tashkent, Uzbekistan.
City Centre Al Zahia, the newest lifestyle and retail experience to arrive
Al Hamra’s annual ‘Winter Shopping Festival’ for all Ras Al Khaimah residents
Dubai Duty Free’s 72 hours anniversary sale from December 18 to December 20,
On 26 December, Majid Al Futtaim Malls across Dubai will host the