NREC appoints director of development for new mall
Abu Dhabi, August 5, 2014
National Real Estate Company (NREC) has appointed Stuart Ingram as director of development for The Reem Mall, Abu Dhabi.
Ingram will be responsible for all aspects of development and delivery of the project, which is set to be one of the UAE’s largest malls, said a statement.
Construction for The Reem Mall is scheduled to begin at the start of 2015 and the project will take around three years to complete, officially opening in 2018, it said.
Having previously worked on major regional projects including Dubai’s Mall of the Emirates, Ski Dubai and The Wave, Muscat, Ingram has specialised knowledge of the Middle East retail and property industry.
He has more than 20 years of experience in international real estate development projects and has also won five international construction awards.
Shane Eldstrom, NREC’s vice president – development, said: “We are delighted to have Stuart on board and he brings a wealth of experience to the project. Stuart has managed prestigious multi-million dollar construction developments in the UK and the Middle East and is a fantastic addition to our team. Stuart has a pedigree of proven project delivery, and his focus absolutely will be the timely delivery of this mall.”
An investment of around $1 billion will be put into The Reem Mall project and will include around 450 stores, 85 restaurants, and a range of entertainment features across three floors, a statement said. – TradeArabia News Service.