Arabian Center in Dubai appoints Al-Futtaim Malls for Management Services
New Al-Futtaim Malls asset management division, PLEX Management Services, will enable community mall to elevate offering to attract a broader audience.
Arabian Spaces Real Estate, a business of the Saeed & Mohammed Al Naboodah Group, today announced the appointment of Al-Futtaim-owned PLEX Management Services to manage the Arabian Center shopping mall in Dubai. Launched in April this year, PLEX Management Services will deliver Asset Management, Leasing and Marketing services to the Arabian Center with a specialized team of industry experts.
Located off the Airport Road, the Arabian Center was established by the Al Naboodah Group in 2009, and is home to more than 200 retail stores, ranging from clothing to home furnishings, electronics, jewelry, perfumes, fashion accessories and family entertainment. The mall also houses a 100,000+ sqft Lulu Hypermarket, which carries a wide variety of products fulfilling the daily needs of shoppers.
Abdullah Mohammed Juma Al Naboodah - Chairman, Saeed & Mohammed Al Naboodah Holding said, “With our diverse range of facilities including a spacious food court, health and medical centers, and banks, the Arabian Center is a complete family destination for shopping, leisure and entertainment for the vibrant surrounding community. We have great aspirations to enhance our offering and are confident that the Al-Futtaim Malls group will help us exceed our customers’ expectations.”
Timothy Earnest, Group Director Al-Futtaim Malls commented: “Al-Futtaim Malls already has a proven track record of creating both sustainable revenue growth and value enhancement for investors, while delivering exceptional experiences and exciting shopping environments for customers. Through our new division PLEX Management Services, we are thrilled to bring this expertise and add value to Arabian Center.
Leveraging on the expertise of its parent company, Al-Futtaim Malls, PLEX Management Services offers a full array of services including asset management and development, leasing, and brand experience expertise to shopping malls and retail organizations in the MENA region and beyond. Implementing global best practice and deploying Al-Futtaim Mall’s deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long-term value for its partners.
PLEX Management Services is part of Al-Futtaim Malls within the Al-Futtaim Group, one of the most diversified and progressive, privately held regional businesses.