74 LINE INVESTMENTS AND PROPERTY LLC
BUILDING RETAIL EXCELLENCE THE SHOPPING MALL DEVELOPMENT AND MANAGEMENT DIVISION OF ABU DHABI-BASED LULU GROUP INTERNATIONAL, LINE INVESTMENTS & PROPERTY (LIP) BOASTS AN IMPRESSIVE LINE-UP OF MALLS THROUGHOUT THE MIDDLE EAST AND INDIA.
With a strategic vision and extensive experience in retail business environments across the GCC and beyond, its expertise stretches over every conceivable area, from concept, location, design and development through to management and marketing.
Projects in Progress
LINE INVESTMENTS & PROPERTY LLC A DIVISION OF LULU GROUP INTERNATIONAL P.O BOX 4048 ABU DHABI UAE T: +971 2 207333 E: LEASING.ENQ@LINEINVESTMENTS.AE W: WWW.LINEPROPERTY.COM
“The Line Investments team remain at the forefront of the regional retail industry, staying abreast of the market trends and new age innovations that help us to enhance the retail experience in all of our projects. At the present time, we are looking forward to the Mall of UAQ Grand Opening, which already has stores open for business,” explained Lulu Group International Director, Mr. Salim M.A. The Grand Opening of the Mall of UAQ is scheduled for Q2 2019, and it is a development that is already changing the retail landscape of the emirate with some of the outlets already open to the public. These include Orange Hub a 2313m2 family entertainment centre, a 9122m2 Lulu Hypermarket and Department Store, Etisalat, Starbucks, Bath & Body Works, Damas, Joyallukas, Sony, Jawhara, Hour Choice, V Perfumes, Oud Elite, Ahmed Al Maghrabi Perfumes, Wow Salon, Tawjeeh , Optic Zone and many other brands. Other outlets to open in 2019 in the Mall of UAQ include, but are not limited
to, a five-screen Star Cinema, Gloria Jeans, Mumuso, Mothercare, UPIM, Black Tulip, Sport 2000, and Richway. The single level mall consists of 20,000m2 of GLA, and will also offer seven food court outlets such as KFC, Hatam, Pizza Company, and many more, all supported with 600 parking spaces. In Sharjah, the LIP mall project, yet to be named, features 42,000m2 of GLA, incorporating a unique mid-range retail offer that perfectly suits the catchment area profile and is scheduled to open in early 2020. The mall will feature a wide range of food and beverage outlets, encompassing a unique food street experience that will offer visitors an incredibly wide choice of dining options, with something to suit every taste and budget. There are a number of additional unique selling points built into the Sharjah mall too, such as a 15,700m2 Lulu Hypermarket and Department Store, an 11-screen Cinema, a 4,600m2 Orange Hub, a new family entertainment centre, and in excess of 1800 parking spaces, making this a supremely attractive destination that is also convenient and easy to reach. Another LIP mall project in Silicon Oasis, which is scheduled to open in 2020, incorporating 81,500m2 of GLA, it is designed to accommodate premium retail and positioned as a leisure destination offering easy accessibility to
the neighbouring communities with a user-friendly layout. Lease agreements are already signed with Lulu Hypermarket, Orange Hub a Family Entertainment Centre, and Train, a gym to keep the community in shape. The mall will have a comprehensive retail mix covering over 35,500m2, 3200 parking spaces, a 16,700m2 Lulu Hypermarket and Department Store, 21 food court units, 11 casual restaurants, 12 coffee shops, 12 screen Cinema and a 6800m2 family entertainment centre. Marcello Larizza, General Manager at LIP - Dubai and Northern Emirates, said, “Our new projects have grown steadily in three different emirates, with key anchor stores already signed up to add value and increase footfall. As we gear up to open Mall of UAQ, our projects in Sharjah and Silicon Oasis are also getting interest from a wide spectrum of retailers.”
Complete Solutions Offering meticulously tailored support for clients’ brands to ensure their success, LIP currently manages approximately 9 million square feet of retail space across the UAE, Qatar, Bahrain, Saudi Arabia, Oman and India. Indeed, as an industry leader in the shopping mall sector, offering full 360-degree retail solutions, LIP oversees 19 malls, including 11 operational malls in the UAE, such as: