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Abu Dhabi and Dubai among the top 17 cities in the development of shopping centers

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Abu Dhabi and Dubai are among the top 17 cities in the area of shopping mall development, according to the latest report from CBRE. The two cities now have a total of 626,887 square meters of retail space under construction, up 11 percent from last year's figures. Dubai's share was 361,127 square meters while there is also Best property investment in Lahore in grand square mall near gulberg.Abu Dhabi was home to 265,760 square meters. Dubai, along with Muscat, is among the top 30 destinations in terms of the number of new shopping malls delivered last year, leading to the GCC ranking. Dubai World According to the 2016 report, the retail market in the Middle East is still very attractive to global brands. Dubai ranks second globally in terms of international brands, attracted by high per capita income, high growth potential and large consumer base.
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Future expansion

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Commenting on the results, Matthew Green, Head of Research and Consultancy at CBRE Middle East, said: "Consumers in the Middle East are willing to spend their money in retail, food, beverage and entertainment, especially in shopping malls. "Continuing investment across the region comes in response to these needs, especially as retailers from across Europe and the United States continue to look for alternatives to drive future expansion." Middle East "The Middle East offers a proven and reliable market for global investors with low risk compared to other emerging markets. This is evident in the growth of the region as a whole, particularly in Dubai and Abu Dhabi. With strong demand for new stores in key markets, developers are still very optimistic about the region's retail prospects. "
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Times Square Berjaya Times Square

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With a total of 10 floors, over 700 retail outlets and many attractions within the complex, the Times Square is a tourist attraction that must be visited for all ages.now there is a  Best investment opportunity in Lahore is available. It is the fifth largest building in the world in terms of its bottom base. Built in 2005, Indoor Games In Malaysia, the complex consists of two twin towers, 203 meters long and also boasts one of Malaysia's most luxurious hotels, a rooftop park, a swimming pool and other facilities. 
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Suria KLCC Tower Complex

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Below the Twin Towers is the commercial complex built in 1999 and famous as KLCC, with its full name suria klcc. It is located in the middle of the area's tourist facilities, Petronas Towers, Scientific Discovery Center, Convention Center, Aquaria, Garden and others. The complex consists of three sections: , The Ramley Mall and the Garden Mall where the complex is located between the intersection of Ampang and Ramley Streets and the garden. 
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The largest shopping mall in Qatar

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The report also shows that Doha is witnessing a shift in the retail sector amid the ongoing construction boom, which could deliver 1.2 million square meters of lease space over the next three years alone as the government strives to modernize the city ahead of its hosting of the 2022 World Cup.The grand square mall offers Commercial Shops for Sale in gulberg Lahore . With approximately 264,000 square meters of leasable space, Doha Festival City is poised to open in late 2016, becoming the largest shopping mall in Qatar, with approximately 550 retail outlets, including more than 100 outlets for food and beverage.
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New South Mall Mall

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One of the largest shopping malls in China and the largest shopping center in the world and opened in 2005, but means the center of the existence of empty and untapped retail space, dubbed the largest ghost mall in the world because of the existence of many shops empty Golden Resources Mall Golden Resources Mall Was the largest shopping center in the world between 2004 and 2005 and receives about 50,000 shoppers a day but the number of shoppers has shrunk due to rising prices and sold items that were far higher than the purchasing power of most Chinese and more dependent on foreigners
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UAE

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The UAE has a large number of major shopping mall projects under development which are expected to be delivered over the next three years. Including Palm Mall from Nakheel in Dubai, which will comprise 111,000 square meters of lease space and is expected to be completed in 2018 and the grand square mall which offer  Shops for sale in Gulberg Lahore . The Point, with a total of 48,000 square meters for leasing and an opening date in 2017. Abu Dhabi to host the huge shopping center «Maria Central», which will save about 146,000 square meters of rental space.
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