{"id":37094,"date":"2016-12-05T20:53:49","date_gmt":"2016-12-05T13:53:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=37094"},"modified":"2016-12-05T18:01:30","modified_gmt":"2016-12-05T11:01:30","slug":"abu-dhabis-marina-mall-to-undergo-dh3-billion-extension","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-marina-mall-to-undergo-dh3-billion-extension\/","title":{"rendered":"Abu Dhabi's Marina Mall to undergo Dh3 billion extension"},"content":{"rendered":"


\nAbu Dhabi’s National Investment Company (NIC) has revealed plans to start work on a Dh3 billion project to expand Marina Mall at the end of the capital’s Corniche.NIC said that work will start on the Dh3bn extension in the first quarter of next year, and that the existing mall will also undergo a Dh300 million upgrade.The work is set to complete in 2019, which will be after the proposed opening dates for two new Abu Dhabi malls worth $1bn each – Al Maryah Central and Reem Mall.The 120,000-square-metre extension has been designed by DP Architects \u2014 the Singapore-based firm which was behind the design of The Dubai Mall. It will consist of two parts to the north and south side of the existing mall, and will add space for new luxury brands and a new food court. Car parking capacity will also be expanded.NIC said that approvals for the project from Abu Dhabi’s Urban Planning Council are “well under way”. Jihad Dirani, the head of leasing at Marina Mall Abu Dhabi, said: “We are entering an exciting phase of Marina Mall’s development, as we continue our journey to deliver an excellent visitor experience. “We are currently in the process of selecting the right suppliers and contractors, while looking to evolve our leasing portfolio.”Mr Dirani said Marina Mall had “been a social and commercial success since its doors first opened over 14 years ago. “As part of our growth strategy combined with the increase in visitor numbers, we are delighted to announce this major expansion,” he added.mfahy@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Abu Dhabi’s Marina Mall to undergo Dh3 billion extension<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Abu Dhabi’s National Investment Company (NIC) has revealed plans to start work on a Dh3...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-37094","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9Ei","jetpack-related-posts":[{"id":1957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-acquires-daman-house-in-abu-dhabi\/","url_meta":{"origin":37094,"position":0},"title":"Aldar acquires Daman House in Abu Dhabi","date":"January 20, 2016","format":false,"excerpt":"\r \r Aldar Properties has bought the Abu Dhabi office tower that is home to the national insurance company Daman as part of a\u00ad Dh3 billion investment plan.Abu Dhabi\u2019s largest listed property developer acquired Daman House in Abu Dhabi\u2019s Capital Centre district close to the city\u2019s exhibition centre as part\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-aldar-sets-sights-on-yas-and-reem-projects\/","url_meta":{"origin":37094,"position":1},"title":"Abu Dhabi developer Aldar sets sights on Yas and Reem projects","date":"March 21, 2017","format":false,"excerpt":"\r Aldar Properties expects to invest Dh1.9 billion in developing four new projects on Reem Island and Yas Island in Abu Dhabi as part of the company's plans to boost its recurring revenue. Abu Dhabi's largest listed property developer said on Monday in a statement it plans to build a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-1bn-reem-mall-project-set-to-be-built-by-al-futtaim-carillion\/","url_meta":{"origin":37094,"position":2},"title":"Abu Dhabi's $1bn Reem Mall project set to be built by Al Futtaim Carillion","date":"July 31, 2016","format":false,"excerpt":"\r Abu Dhabi's US$1bn (Dh3.67bn) Reem Mall looks likely to be built by Al Futtaim Carillion after it was named as preferred bidder for the project.The developer behind Reem Mall said that it will now enter into detailed contract negotiations with Al Futtaim Carillion \"with the objective of finalising an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reem-mall-progresses-in-abu-dhabi-as-800m-loan-moves-nearer\/","url_meta":{"origin":37094,"position":3},"title":"Reem Mall progresses in Abu Dhabi as $800m loan moves nearer","date":"March 18, 2016","format":false,"excerpt":"\r \r Agility, the Gulf's largest logistics company, has said that it is in the final stages of securing US$800 million in bank loans to invest in building Abu Dhabi's latest mega mall.Kuwait-traded Agility last year revived dormant plans to build Reem Mall, a planned 2.8 million square feet shopping\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-maryah-central-super-mall-will-thrive-without-a-ski-slope\/","url_meta":{"origin":37094,"position":4},"title":"Al Maryah Central super mall 'will thrive without a ski slope'","date":"March 31, 2016","format":false,"excerpt":"\r \r Kevin Ryan, chief operating officer and managing director of Gulf Related, the company building Abu Dhabi's Al Maryah Central shopping centre, is adamant he does not need a ski slope in what will be the emirates' newest super-regional mall.\"We spent a lot of time thinking about whether we\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44137,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-to-focus-on-mid-market-this-year\/","url_meta":{"origin":37094,"position":5},"title":"Aldar to focus on mid-market this year","date":"February 14, 2017","format":false,"excerpt":"\r Aldar Properties said on Tuesday that it expects earnings from property sales to fall this year as the company focuses on building mid-market homes.Abu Dhabi's largest listed developer forecasts about Dh3 billion worth of sales in 2017, down from Dh3.5bn in 2016.Aldar said that it continued to expect to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37094"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=37094"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37094\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=37094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=37094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=37094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}