UAE-based developer Nakheel is set to hightlight AED14.5bn worth of projects in construction costs at MAPIC, the annual international retail real estate show in Cannes, France. This year, the 21st annual gathering will bring together more than 8,400 international participants, including over 2,400 retailers and 2,300 property developers for three days of exhibition from 18 to 20 November.
Nakheel has more than 15 million sq.ft of shop space across its 14 existing and upcoming projects.
Currently there is over 11 million sq.ft of retail space in the pipeline, with 10 projects anticipated for delivery over the next three to four years.
Nakheel chair Ali Rashid Lootah said: “MAPIC is the annual event for the retail estate industry. We look forward to meeting key industry players and to fostering new, long term relationships here.”
Projects at various stages of design and construction:
Nakheel Mall and The Pointe on Palm Jumeirah
Deira Mall and Deira Islands Night Souk at the new Deira Islands coastal city
Al Khail Avenue and The Circle Mall at Jumeirah Village
Warsan Souk at Warsan Village
two major extensions to the existing Ibn Battuta Mall
a large expansion at Dragon Mart