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Thu June 24 2021

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Faithful+Gould lands Saudi shopping mall

5 Jul 13 Faithful+Gould has secured a contract with Majid Al Futtaim Properties to work on the development of Riyadh's largest shopping mall.

The mall, which is scheduled for completion in 2018, has a working name of North Riyadh and will have more than 150,000m2 of gross leasable area. The first tenders are expected be released in the first quarter of 2015.

Faithful+Gould regional director - retail Lionel Dore said: “It's a very large retail-led scheme, with a hotel and a unique leisure offer. It's looking fantastic on paper. It will really enliven that market."

Managing director - Middle East, Campbell Gray, added: "Faithful+Gould's work on the mall project comes at a time when we are looking to expand around the region and retail continues to offer a fertile area for development."

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