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Old August 18th, 2013, 09:34 PM   #1
mohammed ghani
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ERBIL | Mane Mall | U/C

New Shopping Mall under construction in Iraq
Release Date: Sunday, March 07, 2010

A new shopping mall in Erbil, northern Iraq, is set to transform the Iraqi retail market. The large mixed-use development “Mane Mall” is set to bring a number of famous global brands to the Iraqi people.

The first Mane Mall shopping experience will be located in Erbil, the capital of the semi autonomous northern region of Iraq, with similar developments planned throughout Iraq.

Mane Mall will offer over a 150 international brands including a Hypermarket, Department Store, Furniture Store, Multiplex Cinema, Bowling Lanes, Children’s Play Area, Fast Food Court and Fine Dining Experience. It will also benefit from an exclusive roof-top restaurant which will give spectacular views of Erbil City and the Tarin Hills.

Directly linked to Mane Mall is a new 250 room hotel boasting superior conferencing facilities, a swimming pool and spa.

“Mane Mall will not only have a significant impact on the retail market in Iraq, but also on the local and national economy” says Jamie Majid, a director of BTWShiells.

“The Iraqi people have had many years of hardship; it is time for the country to proposer and return to the great nation it once was. With huge natural reserves the country has sound fundamentals and with the relaxed investment laws the government is encouraging foreign companies to enter the country. The security situation in Iraq has greatly improved recently. The northern Kurdish region is stable, which is seen as the gateway into the rest of Iraq. The Iraqi people, like the rest of the Middle East, enjoy shopping, which is why there is great consumer demand”.

“At BTWshiells we understand retail and therefore the importance of the right tenant mix to create a long-term sustainable mall”. Jamie Majid goes on to say, “We are speaking to a number of internationally recognized retailers from Europe, the Middle East and Turkey, and the overall feedback has been very positive. We can give retailers confidence when entering the country as BTWShiells adheres to strict internationally recognized property management standards, and we are also in the enviable position of being able to offer a pipeline of sites through our local Iraqi partner, the Diyar Group.”

The Diyar Group is a large privately owned family company with business activities in construction, aviation, banking and retail and has headquarters based in Erbil.

BTWShiells has over 30 years of retail experience with offices in London, Dubai, Belfast and Erbil. They currently manage 40 shopping malls in the UK and Ireland, with a total portfolio value of $6.5 billion. Mane mall is their first project in Iraq.

Diyar Retail is a joint venture between BTWShiells and the Diyar Group which aims to develop a number of shopping malls across Iraq in cities to include: Dohuk, Sulaymaniyah, Kirkuk, Mosul, Basra, Najaf and Baghdad.





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