CBRE appointed for UAE’s first high-rise medical mall
Global real estate consulting firm CBRE has been appointed as the advisor of a new shopping mall project in Khalifa City, Abu Dhabi
Global real estate consulting firm CBRE has been appointed as the advisor of a new shopping mall project in Khalifa City, Abu Dhabi.
The firm was selected to support with leasing and on-going retail consultancy before and during the operation of Al Falah Healthcare’s project, The Medical Mall.
The project will feature up to 20 medical concepts encompassing a number of clinics, laboratories, and a dental practice and more than 40 sports and wellness retailers, including F&B concepts and family entertainment.
Covering approximately 35,000m2, the mall was established in response to the substantial increase in the demand for premium medical services within the region.
Anthony Spary, head of Investor Leasing, CBRE Middle East, said: “CBRE is delighted to partner with Al Falah Healthcare for the launch of The Medical Mall. The concept introduces a new and ‘unique selling point’ to the UAE market and we’re excited to bring various international healthcare operators to the region as well as a diverse mix of international and local retailers, with a key focus on quality, wellness, healthy food and beverage concepts, and family entertainment.”
“As a market trailblazer, The Medical Mall provides an integrated healthcare facility where tenants enjoy the benefit of being part of both a destination complex dedicated for clinical services and other complimentary wellness facilities.
“As consumer appetite for quality medical services increases in the region, we anticipate high demand for this space from reputed and renowned brand names.”
CBRE’s instruction for the mall follows its recent announcement of two key appointments to its Middle East Advisory & Transaction Services team. These include Zeynep Sarsar joining as manager, Retail Agency and Jayne Higgins as a senior consultant, Retail Agency.