December 25, 2014 3:25 PM ET

Real Estate Management and Development

Company Overview of Majid Al Futtaim Properties LLC

Company Overview

Majid Al Futtaim Properties LLC develops, owns, and manages shopping malls in the Middle East and North Africa region. It also operates a chain of hotels; and develops a mix of residential and commercial properties. The company is based in Dubai, United Arab Emirates. Majid Al Futtaim Properties LLC operates as a subsidiary of Majid Al Futtaim Holding LLC.

Majid Al Futtaim Tower 2

P.O. Box 60811

Dubai,  

United Arab Emirates

Key Executives for Majid Al Futtaim Properties LLC

Acting Chief Executive Officer and Chief Financial Officer
Age: 50
Chairman of Real Estate Investments
Senior Vice President of Asset Management
Senior Director
Senior Director
Compensation as of Fiscal Year 2014.

Majid Al Futtaim Properties LLC Key Developments

Majid Al Futtaim Properties LLC Presents at Opal Financial Group Middle Eastern Family Office Symposium, Nov-03-2014 03:30 PM

Majid Al Futtaim Properties LLC Presents at Opal Financial Group Middle Eastern Family Office Symposium, Nov-03-2014 03:30 PM. Venue: Park Hyatt Dubai, Dubai Creek Golf and Yacht Club, PO Box 2822, Dubai, United Arab Emirates.

Majid Al Futtaim Properties LLC Announces Executive Management Changes

Mr. George Kostas has stepped down as CEO and Director of Majid Al Futtaim Properties to move to a new corporate role at Majid Al Futtaim Holding LLC. Mr. Ghaith Shocair, Chief Finance Officer of Majid Al Futtaim Properties LLC will assume the role of Acting Chief Executive Officer of the business in conjunction with his current CFO responsibilities. Mr. Shocair joined the company as CFO in 2010 with a strong multi-national background, having previously held senior positions at Kingdom Hotel Investments and at PepsiCo Inc.

Majid Al Futtaim to Invest USD 70 Million in Expanding City Centre Muscat

Majid Al Futtaim announced investing USD 70 million in the second phase expansion of its mall in Oman, City Centre Muscat. The expansion project, which will introduce 60 additional shopping and dining options in a 10,000 sqm of new retail space, is set to begin later this year and is expected to be completed in 2015.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 29, 2014
One million Square Feet of Land at International Media Production Zone
 

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To contact Majid Al Futtaim Properties LLC, please visit www.majidalfuttaim.com/en/section/majid-al-futtaim-properties/about-us-1. Company data is provided by Capital IQ. Please use this form to report any data issues.

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