Al Raid Group builds €148.7m Shepherd's Bush replica (OM)

Al Araimi Bouleavard Mall exterior

Al Raid Group, Oman’s premium international real estate developer is bringing Westfield style shopping to the Middle East with the launch of the €148.7m (£127m) Al Araimi Boulevard. The new luxurious shopping mall will create a world-class integrated retail, leisure, and lifestyle destination for Oman.

 

Dubbed, the Westfield of Oman, and located in the coastal suburb of Al Khoud, just a few kilometres from the centre of capital city Muscat, the development will be set over two floors, and will spread across 147,200 m² is build up area. Construction on the mall has begun with completion expected by September 2018. The mall will house the biggest food court and the largest glass atrium in Oman and will provide a 70,500 m² of leasable area.

 

Sheikh Fahad Abdullah Al Araimi, Chief Executive Officer for Al Raid Group said: “We are pleased to announce the international launch of this this world-class shopping and entertainment destination that has been carefully designed to completely revolutionise the shopping and leisure experience for the entire family. We strongly believe that spending quality time with family and friends is one of life’s great pleasures, and with this philosophy in mind we have created Al Araimi Boulevard as an exceptional lifestyle destination created to bring people together in enjoyment

 

Sheikh Fahad Abdullah Al Araimi added: “With an unparalleled retail, entertainment and food and beverage offer, this destination is much more than just a shopping centre, it has plenty to delight guests of all ages and tastes, and is a not to be missed experience, not just visitors from Oman, but for tourists from all over the world.”

 

Retail rents in Al Araimi Boulevard range from ca. €585 to €1050 (£500 to £900) per m² per year.

 

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