Real estate investment and advisory firm Jones Lang LaSalle (JLL) has recently won two shopping mall management instructions in Egypt. The company was appointed to assist with the set-up and on-going management of The District, an open air mall, and Emerald Empire Mall, an open air food and beverage (F&B) zone with a Lulu hypermarket.
“JLL’s intent is to bring in a world-class management approach to Cairo on The District and Emerald Empire Mall. We are very glad to have built a trusted relationship with the owners of both of these very impressive projects in a very short time frame,” says Ayman Sami, head of Egypt office at JLL.
“JLL has regional experience in managing more than 200 shopping centres and we are very pleased to see the political and security situation as well as investor confidence improving in this important market. We remain very sensitive to the local culture and habits in each and every one of the countries or cities we are appointed. Importantly, our approach uses a mix of local and international expertise to bring the best of both worlds combined and provide the perfect fit whatever our clients’ needs are,” he adds.
The District is strategically located in Heliopolis on the outer perimeter of the Cairo Airport land. Upon completion, it will have more than 753,000 sqft GLA. The first phase with approximately 161,400 sqft GLA is due to open in March this year. The project is anchored by a Wadi Degla sporting club, which is already operational and the first phase will include a wide variety of F&B outlets and a children’s entertainment zone.
Emerald Empire Mall is located in New Cairo and has started operating during the end of 2013. The mall has more than 30 F&B outlets, which are operational and are expecting to add at least another 12 outlets soon in addition to several banks, a gym, services and the hypermarket, due to operate in the summer of 2014.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha B / 
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
/ 
In an era where digital transformation is pivotal, shopping malls are not
This panel discussion at MRF 2024 explored the evolution of retail spaces,
An exclusive piece contributed By Oliver Morgan, Partner, Real Estate Development &
In the bustling retail environments, where shopping malls are not just places
In today’s fast-paced retail environment, shopping malls are continually searching for innovative
Times Square Center, located in the vibrant heart of Dubai, stands as
Emaar Properties has announced a mega expansion of Dubai Mall, which will
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
Dalma Mall is once again set to offer an unforgettable experience to
Previous Article
