Doha: Doha Festival City, the iconic mixed-used development that includes Qatar’s biggest retail and leisure mall which is set to be one of the largest in the Middle East upon completion in the third quarter of 2016, will host an exclusive breakfast briefing at the World Retail Congress 2014 in Paris tomorrow.
During the event that will be hosted at CNIT, La Défense, in the French capital, a number of the world’s most renowned retailers will hold meetings with Doha Festival City’s senior officials, who will provide construction and leasing updates on the 250,000 sqm GLA development.
Recently, Doha Festival City signed leasing agreements with a significant number of globally prominent retailers.
Most of the leading regional retail groups, including Al-Futtaim Group Retail Brands, Alshaya, Apparel, Azadea, Landmark, Dubai Holding Group, Abu Issa Group, Al Tayer Group, and Salam Studio & Stores have already committed to bringing extensive selections of their fashion, dining and entertainment brands to what is set to be Qatar’s most exciting retail and leisure destination. Vox Cinemas is also set to redefine the country’s entertainment landscape with the introduction of a state-of-the-art movie theatre featuring sixteen digital screens, and Ali Bin Ali Group to bring the first full-sized Monoprix store to Doha.
Kareem M Shamma, CEO of BASREC WLL, the joint venture which comprises Dubai-based Al-Futtaim Real Estate Services, Qatar Islamic Bank (QIB), Aqar Real Estate Investment Company and a private Qatari investor, said: “As we get closer to the opening of Doha Festival City, scheduled for the third quarter of 2016, we are continuously striving to develop our project into Qatar’s most attractive destination for shopping and leisure which competes with the world’s finest.”
“We are in advanced negotiations with some leading regional and international brands that approached us for space in the few remaining available leasing opportunities, and will soon announce these additions to the already sprawling list of committed retailers,” he said. The Peninsula
