UAE-based property management company Asteco said it has been appointed by Al Ain Ladies Club to lease a total of 20 retail units within the facility.

Launched in 2014 and located in Markhaniya area, Al Ain Ladies Club, developed by Abu Dhabi General Services and operated by Al Ain Cromwell Sport Management, focuses primarily on health and fitness for local women.

The club also contains a range of shopping and dining venues and currently offers a variety of premium space for retail opportunities with space starting from 500 sq ft and increasing to 3,000 sq ft.

There are currently 15 units available across all three floors of the centre, said a statement from Asteco.

The fitness offering includes a hitech gym, aerobic studios, sauna and Jacuzzi, an indoor semi-Olympic swimming pool and a kids’ pool. Basketball and squash courts are also available.

In addition to the health and fitness element, the club is also home to 1,000 sq m of salon and spa space, a children’s playground, a 220 seat cinema – the first ladies-only cinema in Al Ain, a bowling alley and kids area, 500 sq m of dining space and three separate locations for cafeterias.

The popularity of the centre has already resulted in a number of tenants leasing part of the available space, it added.

Tamer Ibrahim Chaaban, the associate director and general manager at Asteco in Alain, said: "The club which accommodates more than 350 members, is in a prime location and obviously attracts a very distinctive profile of guest."

"The clientele would naturally lend itself to a range of complementary retail outlets including coffee shops, restaurants as well as fashion and sporting outlets. We envisage this being an extremely popular addition to the existing retail portfolio in Al Ain,” he stated.

“In the last three years the Al Ain retail sector has remained relatively stable, a trend we fully expect to continue throughout 2015. Rental rates are growing steadily, but they are being balanced by new supply, which is helping to maintain market equilibrium,” added Chaaban.

The venue has been designed for health and fitness, shopping, dining and is a retail destination in itself which appeals to both housewives and professional women. The centre will also be environmentally sustainable as part of the emirate’s ongoing 2030 vision.

Asteco has been instrumental in the leasing of many high-profile developments in Al Ain including the UAE University, the Green Land Complex and the Emirates Complex.-TradeArabia News Service