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MAF, Abu Dhabi mall sign Carrefour deal
Reem Mall today announced Carrefour as the hypermarket operator in the $1 billion project located on Abu Dhabi’s master planned development Reem Island.
Carrefour, operated by Majid Al Futtaim Retail, will form a core element of the mall’s family-focused retail, leisure and entertainment offering.
“Carrefour is a highly respected global brand and will play an integral role in forming Reem Mall’s unique retail offering,” said Shane Eldstrom, Chief Operating Officer for Reem Mall.
“Today’s announcement marks an important milestone for the project, as we enter into the next phase of development and start to form partnerships with future tenants. We are currently in discussions with a number of leading retailers and expect to make further announcements in the coming months.”
Miguel Povedano, Executive Regional Director, Majid Al Futtaim Retail, Carrefour franchisee in UAE, said: “Today’s announcement marks a significant step for Majid Al Futtaim Retail, as we continue to grow our Carrefour presence across the UAE. As one of the region’s most developed retail markets, Abu Dhabi presents a very attractive investment opportunity, and the Carrefour hypermarket in the upcoming Reem Mall development will further cement our presence in the region.

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