Lootah Real Estate Development names new CEO
DUBAI, 5 days ago Lootah Real Estate Development has appointed Raja Alameddine as the company’s new CEO. An industry veteran with more than two decades of experience in various asset classes, Alameddine will chart a new course for the growth and overall success of the organisation. In his new role, Alameddine will be responsible for leading his team strategically, expanding Lootah’s regional footprint and driving a new vision within the organisation. He brings with him extensive experience in various asset classes, including master-planned cities, mixed-use communities and innovative lifestyle developments. Welcoming him into the fold, Group CEO Arash Dara said: Alameddine has a proven track record in leading and managing large real estate investment, development, financial and legal operations and offers a unique advantage in chartering this new course for our organization.
Dubai: A chance to shop, dine or catch a movie – those alone won’t be enough for shopping malls to get visitors coming back for more. It’s time to throw in a whole lot of experiences to make it truly worth their while.
Or as David Robinson, General Manager at The Galleria Al Maryah Island – Abu Dhabi’s swank shopping and leisure destination – the best outcome that malls can work on is to create memories. “It is not simply about drawing numbers, it’s about creating lasting memories,” said Robinson.
“We need to remain focused on providing a sense of safety and comfort for all consumers. Our efforts have had to go beyond offering gloves, masks, sanitisers and temperature testing at entrances. Because consumers are also looking for safe spaces to resume their lifestyle in the ‘new normal’ - a place to seek out social connections, activities and entertainment.