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.
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 / 
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
The regional grocery retail market is becoming more and more diverse, offering
Spinneys, the leading premium fresh food retailer, has announced the opening of
Spinneys has announced the launch of The Kitchen by Spinneys, its first-ever
/ 
An exclusive piece contributed By Oliver Morgan, Partner, Real Estate Development &
In the bustling retail environments, where shopping malls are not just places
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
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
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Previous Article
