Dubai’s Al-Futtaim Malls launches new company – PLEX – to take on management contracts

, Dubai’s Al-Futtaim Malls launches new company – PLEX – to take on management contracts
Post CV 100% Free to the UAE!

We are free of charge but before you start please donate $5 to help others! Help us. Make a Difference.

Helping others is the first step in making the world a better place and improving the lives of those who aren’t as lucky as you. But it’s also shown to bring about a wealth of benefits for those who choose to help and might just be the key to happiness! We are helping all over the world.

, Dubai’s Al-Futtaim Malls launches new company – PLEX – to take on management contracts

Dubai: Dubai’s Al-Futtaim Malls has launched a new company to take on potential management of malls and other retail destinations owned by other entities.

PLEX Management Services will target such deals not just in the UAE, but elsewhere in the region. Al-Futtaim Malls operates the ‘Festival’ branded malls in Dubai. “The Al-Futtaim Group has significantly expanded its business operations through a strategic acquisition plan and has entered several territories, increasing its footprint beyond the GCC and Greater Middle East to encompass, Asia and East Africa,” said Timothy Earnest, Group Director Al-Futtaim Malls.

“With the launch of PLEX, we are continuing to grow and expand, further diversifying our offering.”

Al-Futtaim has a directly managed portfolio that includes 9 million plus square feet of space across four malls in the region and with two under development.

What’s PLEX about?
PLEX Management Services will offer asset management and development, leasing, and brand experience expertise to third-party owned malls and retail organizations.

Timothy Earnest, Group Director Al-Futtaim Malls, “As a family-owned business and a business deeply rooted in the success of the region, we take a long-term view in everything we do…” Image Credit: Supplied

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments