(MENAFN- Gulf Times) United Development Company (UDC), the master developer of The Pearl-Qatar and Gewan Island, has signed major retail leasing agreements at Cityscape Qatar 2021, which concludes Tuesday at the Doha Exhibition and Convention Centre (DECC).
Not only did UDC sign deals with leading international retailers, the company is also continuing to achieve remarkable sales on Crystal Residence apartments launched exclusively at the event.
UDC signed a contract with LuLu Group to open LuLu Hypermarket in Giardino Mall at The Pearl-Qatar, covering an area of 13,000sqm, in addition to LuLu Supermarket and retail brands at Gewan Island on a 700sqm area.
UDC also concluded an agreement with its subsidiary, Hospitality Development Company (HDC), to open Spontini Restaurant at Gewan Island and 'Burger & Lobster' in Porto Arabia at The Pearl-Qatar.
On Cityscape's second day, UDC further signed leasing agreements with Ariane Holding to open Qatar's first Sainsbury Supermarket 'Mowneh' in Al Mutahidah Towers at The Pearl-Qatar, which will cover an area of 1,200sqm, and with Al Maha Global to open 'Kernel & Roast' gourmet store in Porto Arabia also at The Pearl-Qatar, in addition to a local coffee shop concept 'Café de Rêve' at Gewan Island.
More retail and F & B concepts will be revealed on the exhibition's closing day, demonstrating The Pearl-Qatar's position as a leading leisure and shopping destination and Gewan Island as Qatar's most exclusive and promising luxury address.
The Pearl-Qatar houses more than 350 brands operating across the island's main retail hubs, each offering a unique experience. The island's retail offering continues to grow. In 2021, 40 new and diverse retail and F & B brands have opened their doors at The Pearl-Qatar, benefiting from the island's more than 35,000 residents, in addition to its unique setting of beautiful architecture and scenic views, attracting more than 28mn visitors annually.
Gewan Island will also feature a lively outdoor retail hub and Qatar's“longest climatised” Crystal Walkway, which is characterised by elegant crystal overhead panels and will house 101 retail and F & B brands, spanning an area of 11,000sqm. Crystal Walkway is nestled between Crystal Residence's 15 buildings where UDC has launched its first phase of apartment sales exclusively at Cityscape Qatar 2021.
Speaking to the media on the sidelines of the signing ceremony, UDC executive director commercial Hussain Akbar al-Baker said the majority of the retail outlets coming to The Pearl-Qatar and Gewan Island are new to the Qatari market.
“We're very excited because these retail stores are coming to the Qatari market for the first time, so people will not see them in other malls or retail areas. Apart from LuLu, the other stores are new to the country,” he said.
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