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DPG retail unit starts operation

Dubai, August 11, 2008

Dubai Properties Group (DPG), a member of Dubai Holding, said on Monday its retail development and management solutions subsidiary, Dubai Retail, has commenced operations.

The new entity aims to develop the emirate’s retail sector through the construction of shopping malls and retail markets, said a company official.

Dubai Retail, which was launched this March as part of the group’s move to consolidate its overall operations, offers a comprehensive line up of services and solutions in retail leasing, innovative concepts, management of space, consulting services, franchise management, marketing intelligence services and tenant mix solutions.

Haiyan Mujarkech, an industry veteran, has been appointed as chief executive Officer of Dubai Retail.

Bringing an extensive experience in project, business development, consultancy and management to Dubai Retail, Mujarkech will be responsible for developing key business ideas and executing innovative solutions and projects in the retail sector.

With his results-oriented strategy for growth and expansion, Mujarkech will lead Dubai Retail to greater accomplishments.

“Dubai Retail is a unique entity that is entirely committed to offering service excellence and innovative solutions to our clients. We have a talent pool that leads in industry expertise and market knowledge that will prove to be the key determinants in our success,’ Mujarkech said.

“We look forward to hosting and servicing both regional and international retailers as well as major hospitality brands at our facilities around Dubai,” he added.

Keeping its customers and stakeholders as top priority, Dubai Retail aims to combine innovation and quality to establish and maintain a competitive edge on the retail front, and achieve high visibility for its overarching value propositions.

“In the constantly evolving world of retail, Dubai Retail will prove to be the company of choice for regional and international brands. As a progressive and customer-centric organization, we seek to build strong affiliations with global majors to chart an outstanding success path,” he added.

Dubai Retail’s well-packaged spectrum of services is designed to benefit retailers and hospitality companies seeking to become part of key destinations such as The Walk at Jumeirah Beach Residence.-TradeArabia News Service




Tags: operations | Subsidiary | Dubai Properties Group | Dubai Retail |

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