Baniyas Investment and Development signs up Carrefour at Bawabat Al Sharq Mall
Baniyas Investment and Development Company (BID) – the investment arm of Bani Yas Sports Club – has recently signed up leading French chain Carrefour as the anchor hypermarket for its destination mall at Bawabat Al Sharq in Bani Yas, Abu Dhabi. Carrefour, one of the leading hypermarket operators in the region, will spread across 8,800 square meters -- approximately 12 per cent of the mall’s gross leasable area -- the biggest shopping centre of its kind in the Emirate of Abu Dhabi.
The Bawabat Al Sharq mall, covering nearly 70,000 square meters, will feature 339 high profile retail outlets of fashion wear, electronics, neighborhood services, accessory outlets, jewelers besides the Carrefour hypermarket. The mall will spread across two floors and will include 2,245 parking spaces as well as 22 food outlets inclusive of restaurants and cafes.
Construction of the hypermarket has already commenced, and it is expected to be officially inaugurated with the mall in December 2010. Carrefour at Bawabat Al Sharq will be the first international hypermarket chain to cater to the population living outside the main island of Abu Dhabi.
Commenting on the agreement, BID CEO Mr. Wael Tawil said: “Our destination Mall at Bawabat Al Sharq will be at the heart of excellence, characterizing a leisure destination in Bani Yas and catering to the many growing needs of the resident-population in the city. We are happy to sign up Carrefour as our anchor hypermarket in the mall, which will offer the best of retail options for our discerning customers. We have been very selective in awarding contracts and Carrefour perfectly fit our requirements given their capabilities to serve our target customer profile – primarily UAE nationals and expatriates.”
Carrefour will showcase one of the largest formats in its range of hypermarkets and encompass a vast array of retail-household goods and services.
A high ranked MAF Hypermarkets L.L.C official said: “We are delighted to announce that Carrefour will be established as the anchor hypermarket in Bawabat Al Sharq, offering the best of retail to residents of Baniy Yas City. Our mandate is to bring together the world’s leading brands at the destination mall, adding significantly in convenience to a large cross-section of the residents living in and around the community.”