A leading developer for international shopping malls in Saudi Arabia, Arabian Centres, will be launching Al Hamra Mall, containing 167 retails and entertainment outlets, in Riyadh, reported the Saudi Gazette.
The mall will be built on an area of 80,000 square meters. It is the sixth shopping center to be developed by Arabian Centres and the 19th in its retail portfolio, which has recorded 1 million square meters of Gross Leasable Area (GLA) and represent 10% of the total retail space of the kingdom.
Al Hamra Mall is set to double Arabian Centres’ total portfolio to two million square meters of GLA.
Arabian Centres has opened two shopping centers in 2016, and plans to open 10 more retail outlets by 2018 with areas ranging from 45,000 square meters to 165,000 square meters in Jeddah, Dhahran, and Riyadh.
