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Arabian Centres eyes 7 new malls in 4 years, GLA of 52% 12/04/2021 Argaam Special Share Logo of Arabian Centres Co. Arabian Centres Co. (ACC), Saudi Arabia’s leading owner and operator of shopping malls, aims to increase its gross leasable area (GLA) within the next four years by nearly 601,300 square meters. ACC will use the latest sukuk issuance, which was 200% oversubscribed, finance these expansions and new malls across the Kingdom.
The company has two projects, namely Jeddah Park and Khaleej Mall, with GLA of 179,700 sqm, which are expected to be finalized by the end of the year. Accordingly, the total GLA will reach nearly 1.39 million sqm by the end of the year. ....
Seven new Muvi cineplexes coming up in Saudi Arabia RIYADH, 23 days ago Chapman Taylor, a leading global architect and masterplanner, has announced that work is in full swing on seven new cineplexes of the kingdom s homegrown cinema brand, Muvi, with the first one in Buraydah city set to open in April.
Established in 2019 in Riyadh, Muvi Cinemas offer movie-goers an array of viewing options that range from Xperience, ScreenX, Dolby Cinema, and Samsung Onyx theaters.
Following the lifting of the ban on cinema in 2018, the very next year Chapman Taylor was signed up by the first Saudi-owned cinema chain to design and deliver a series of state-of-the art cinemas for the Muvi Cinemas brand. ....