January 2016 Newsletter - mecsc.olasoft.commecsc.olasoft.com/document/3468/January 2016...

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January 2016 Newsletter DAVID MACADAM Chief Executive Officer Welcome to our January 2016 MECSC Newsletter. Wow!!! 2016 has started out with tremendous momentum thanks to the tremendous support of our members, Regional Representatives, Board Members and staff!!! Our Next Generation Networking Events in both Cairo and Beirut were amazing. The Cairo event was held at the Radisson Blu Hotel in Heliopolis. Mohamed Galal arranged everything so capably with so many in the industry arriving with so much to say. The forum provided with the Next Gen Networking Event was timely and passionate. Getting industry leaders together to discuss important topics in Egypt proved to be important for the future of retailing in the short term in Egypt with currency controls hampering growth. In Beirut, Nabil Gebrael together with Samar Akkou organized the First Next Generation Networking Event held in Lebanon!!! The venue was the very historic and beautiful Ambassador’s residence for Spain at the Palais Chehab, Baabda overlooking Beirut. We enjoyed a great line up of speakers and the networking segment of the event was enjoyed with great food and wine from Chateau NAKAD. Congratulations to you both on the massive success of the first of many more Next Gen Networking Events to happen in Lebanon. See the links below to the photographs of these events. NextGen Cairo Photos

Transcript of January 2016 Newsletter - mecsc.olasoft.commecsc.olasoft.com/document/3468/January 2016...

Page 1: January 2016 Newsletter - mecsc.olasoft.commecsc.olasoft.com/document/3468/January 2016 Newsletter.pdf · January 2016 Newsletter DAVID MACADAM Chief Executive Officer Welcome to

January 2016 Newsletter

DAVID MACADAM

Chief Executive Officer

Welcome to our January 2016 MECSC Newsletter.

Wow!!! 2016 has started out with tremendous momentum thanks to the tremendous

support of our members, Regional Representatives, Board Members and staff!!!

Our Next Generation Networking Events in both Cairo and Beirut were

amazing. The Cairo event was held at the Radisson Blu Hotel in

Heliopolis. Mohamed Galal arranged everything so capably with so many in the

industry arriving with so much to say. The forum provided with the Next Gen

Networking Event was timely and passionate. Getting industry leaders together to

discuss important topics in Egypt proved to be important for the future of retailing in

the short term in Egypt with currency controls hampering growth.

In Beirut, Nabil Gebrael together with Samar Akkou organized the First Next

Generation Networking Event held in Lebanon!!! The venue was the very historic

and beautiful Ambassador’s residence for Spain at the Palais Chehab, Baabda

overlooking Beirut. We enjoyed a great line up of speakers and the networking

segment of the event was enjoyed with great food and wine from Chateau

NAKAD. Congratulations to you both on the massive success of the first of many

more Next Gen Networking Events to happen in Lebanon.

See the links below to the photographs of these events.

NextGen Cairo Photos

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The Riyadh Next Generation Networking Event is to be held in the Sheraton Riyadh

Hotel and Tower on Tuesday February 16th from 6 pm to 9 pm. We are enjoying

more sponsors joining the lineup of support for this event. As you may recall we had

220+ attendees to the Jeddah Next Generation Networking Event in October last

year and we expect similar success in the Riyadh event in February.

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Everyone in Dubai on Sunday, February 7 from 6pm to 8:30pm is invited to

the 24th Floor of the Jumeirah Beach Hotel for a social networking event.

Special

Announcements

One of the important roles of the MECSC is to announce who is new to the region

and those who are retiring or leaving the region after years of active leading roles in

the Retail Industry.

Patrick Lawrence is retiring from Fine Fare Foods ( Spinney’s / Waitrose) after

a great career there. Patrick has over 30 years’ experience in the Shopping Centre

and Retail Industry in South Africa and the Middle East. His skills extend to, Mall

Management, Development, Asset Management, Tenant Mix Planning and Leasing.

He also has more than 5 years’ experience representing major retailers. Patrick was

brought out to Dubai in 1997 by Al the Ghurair family to work on the refurbishment

and extension. Al Ghurair is the oldest climate controlled retail development in

Dubai. He was there for 3 years and finished the refurbishment but the family

couldn't buy all the surrounding property necessary to do the extension. He was then

approached to move to Qatar on a 2 year contract as General Manager of City

Centre Doha, then Largest retail development in the ME. During his first year the

development was in the final stages of construction and it was fully operational

during the second year.At the end of his contract he moved to Kuwait with

the Tamdeem Real Estate Company as General Manager, Property. He looked after

and advised on the refurbishment and did the leasing of Al Manshar, a very old Souq

and apartment development, Al Kout a new retail development with a fishing harbour

and luxury marina. He also did initial tenant mix planning for the 360 development.

He was in Kuwait during the American lead invasion of Iraq and I had my office

windows rattled by a Scud missile which landed about 500 meters offshore from his

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office. After 4 years in Kuwait, he did a short 2 year stint with the Landmark as head

of the property division finding locations for all their brands and doing the leasing for

the Oasis Centre.Then joined Emaar Properties, employed by Mr. David Macadam,

as Leasing Director. Whilst at Emaar, he made contact with the Spinneys and

Waitrose group, Dubai and after 2 years with Emaar was asked to join the Spinneys

group to head up their property division. 6 years later time to retire and head home.

Patrick will be missed for his terrific market knowledge and his can do

attitude, always. Patrick will be moving back to his native South Africa but will

remain active in his own business in the African retail industry handling the

expansion of many new brands into that region.

John T. Riordan School for Retail Real Estate Professionals

April 17-21, 2016 at The Shangri-La Hotel, Dubai, UAE

Our team has already signed up our NEW instructors for 2016!!!

The ICSC/MECSC Schools for Professional Development (Levels 1 & 2) are 5-

day programs which offer participants the finest learning experience and an

unmatched exchange of industry experts and executives from around the

region.Disciplines include Management, Marketing and Leasing in Levels I & II.

Both levels are held con-currently and attendees can only attend one level for

the entire duration of the course.

For information including schedule and fees, please contact Lea Venezuela at

+971 4 359 7909/ [email protected]

REGISTER ONLINE

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MECSC DIRECTORY 2016

The MECSC Directory will include MENA region-wide Retailers, Fit Out

experts, HR firms, Service Providers, Leasing and Advisory Groups,

Architects and of course Shopping Centre information - It will be the go-to guide

for professionals in the retail industry in one bound document. We will be providing

opportunities for all businesses to advertise in our directory. A first time

opportunity to showcase your business.

Take advantage of this opportunity to feature your new developments or

include/update your existing retail developments. We will list on a complimentary

basis to your shopping centre, service providers, fit out experts, HR firms, architects

and retailers. Advertising in smaller or larger format sizes will be feasible for all

businesses.

For more information, please click here.

RETAIL PEOPLE MAGAZINE

February 2016 Issue:

“Retail People” Magazine – Fashion and Beauty - Grab your copy now!

April 2016 Issue: Out in time for the JTR Global School for Retail Professionals

April 17 to 21 “Retail People” Magazine – Leisure and Entertainment

A great opportunity to raise your personal profile in the retail industry. Join

in!! Viewed by over 10,000 readers quarterly in 45 countries. Sponsors are

also welcome and many of our members have expanded their marketing

programs using our Retail People Magazine. We urge you to do the same!!

Please email Mariz at [email protected] for more information.

2016 NEXTGEN Networking Events

January 19 - NextGen Networking Event in Cairo, Egypt

January 21 - NextGen Networking Event in Beirut, Lebanon

February 16 - NextGen Networking Event in Burj Rafal Kempinski Hotel,

Riyadh, Saudi Arabia

March 17 - NextGen Networking Event in Ezdan Mall, Doha, Qatar

April 19 - NextGen Networking Event in Shangri-La Hotel, Dubai, UAE

October 10 - NextGen Networking Event in Jeddah, Saudi Arabia

December - NextGen Networking Event in Muscat, Oman

To register as a participant, kindly visit www.mecsc.org.

For sponsorship opportunities, please contact Lea Venezuela +971 50 708

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Emirates Ailine Promotional Offer

Sponsored Banners

Page 9: January 2016 Newsletter - mecsc.olasoft.commecsc.olasoft.com/document/3468/January 2016 Newsletter.pdf · January 2016 Newsletter DAVID MACADAM Chief Executive Officer Welcome to

SHARE NEWS OR ARTICLES ON MECSC MONTHLY NEWSLETTER!

If you wish to include news or articles about your organization on our Monthly

Newsletter, please email [email protected]

We aim to circulate the Newsletter on the last week of each month - please

submit before the 23rd of the month.

MECSC MEMBER BENEFITS

Airline

Emirates Exclusive Offer to UAE based members - Use the promotional

code: AEMECSC and show your original MECSC membership card at the EK

ticketing Counter when paying. For more information click here

Hotels

Members can avail corporate rates in the following hotels-

BurJuman Arjaan Rotana

Nuran Marina Serviced Residences

Vida Hotels and Resorts

The Address Hotels and Resorts

Armani Hotel

Shangri-La Hotel

Hotel Corporate rates outside UAE

Shangri-La, At The Shard, London

InterContinental, Doha

Jeddah Marriott Hotel, Saudi Arabia

InterContinental Regency, Bahrain

InterContinental Jeddah, Saudi Arabia

St.James Hotel & Club, United Kingdom

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MECSC Staff MECSC staffing – now 5 full time employees. All of our successes this year are the

result of our team at the MECSC handling all these challenges with the great focus,

high energy and exceptional enthusiasm. Headed up by Lea Venezuela, Director of

the MECSC we also have Mariz Matocdo handling the Retail People Magazine,

Reymond Lagmay handling our MECSC Directory, Khaye Comanda handling our

accounts and finance and our latest member, Ian Baldonanza who is handling our

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membership and data base management. A huge thank you to the MECSC Team

for making this all possible!!!!!!

Lastly and certainly not by any means the least, I want to personally thank all of

YOU, our members, who have provided this new level of interest in the MECSC

and have demonstrated your support in so many positive ways. Thank you!!!

SHOPPING CENTRE NEWS

Retail Plaza, business park plans unveiled for Dubai Autodrome

Dubai Autodrome and Union Properties have announced plans to develop a Retail

Plaza close to the start-finish straight of the motor racing circuit.

The new retail project, located in the grandstand area of Dubai Autodrome, will

encompass a large outdoor terrace in which merchants can operate their

businesses, a statement said. Read more...

The Avenues: New Districts in The new Expansion

Grand Avenue - The 260-metre extension of Grand Avenue will create a new high-

street shopping experience for the Kuwait with a mix of regional, western and

contemporary architectural influences enclosed under one transparent roof structure.

Inspired by historical Western high streets such as New York’s Fifth Avenue or

Regent Street in London, Grand Avenue is a vibrant ‘retail city’ that hosts world-

renowned flagship stores and regional brands. Several prominent routes branch out

from Grand Avenue, making it the main retail spine and the heart of The

Avenues. Read more...

Wasl Properties Launches 'wasl Duet' in Karama

Wasl Properties has announced the launch of 'wasl Duet' in Karama. The first

building in the two-building mixed-use project was launched today, with the second

due to be released onto the market imminently. The project forms part of wasl

properties ' agenda to regenerate the established districts of Dubai and features a

number of retail outlets to support the surrounding area. Read more...

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Dubai’s small malls offer breathing space for retailers

A spate of smaller/community shopping centres have opened up across the city

allowing retailers - especially small and mid-tier brands as well as F&B concepts - to

open up at new locations and not have to wait for years to get a spot at one of the

destination malls. These new additions have eased the pressure on retailers who

rely on a minimum number of new store openings each year for their organic

growth. Read more...

Mall of Qatar selects Yardi Voyager 7S for retail lease and property

management

The Mall of Qatar, which will be the largest retail shopping centre in Qatar when it

opens in August 2016, will automate property management and accounting

with Yardi Voyager® 7S, the company’s new mobile-enabled, tablet-compatible

Software as a Service property management and accounting platform. Mall of Qatar

will also implement Yardi Commercial LeasingPad™, a fully mobile solution that

provides contact and prospect management with portfolio health analytics and

business intelligence. Read more...

UAE developer reveals details of Bahrain mega project

UAE-based Eagle Hills, in partnership with local developer Diyar Al Muharraq, has

revealed details of its flagship urban centre Marassi Galleria, a residential, hospitality

and lifestyle shopping and entertainment destination in Bahrain. Read more...

RETAIL NEWS

More retail names sign up to Dubai theme park project

Riverland Dubai, the gateway to Dubai Parks and Resorts, has announced the

second wave of retail partners to join the new dining, retail and entertainment

destination, which is set to open in October, along with three theme parks, a water

park and a resort hotel. Read more...

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The Boulevard Amman Jordan - Q1 2016 Newsletter

The Boulevard has lived up to its name being truly “The Walk of the Town.” As

Jordan’s most anticipated venue,The Boulevard captivated local and international

audiences as it transformed its infamous promenade to celebrate all

seasons in grand style. Thousands of visitors were indulged by the special and

festive atmosphere they have grown accustomed to, where The Boulevard’s

festivities have become a signature staple for the new Downtown of Amman. Read

more...

Gulf's second Bloomingdale's store to open in Kuwait in 2017

Dubai’s Al Tayer Group will open a Bloomingdale’s department store in Kuwait in

Spring 2017, marking its third project in the region as part of its partnership with

Macy's. Read more...

Dubai's Dragon Mart posts record footfall during DSF 2016

Nakheel's Dragon Mart retail complex in Dubai has registered its highest number of

daily visitors since opening in 2004, with average footfall topping 110,000 at peak

times during the emirate's annual shopping festival Read more...

UAE retailer Lulu plans to invest $186m in Saudi expansion

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UAE retailer Lulu has revealed plans to invest a further SR700 million ($186.4

million) in opening new hypermarkets across Saudi Arabia by 2017. The expansion

plan was announced by Lulu group chairman Yusuffali MA as the company opened

its sixth Saudi hypermarket in Dammam, the capital of Eastern Province - its 121st in

the Gulf region. Read more...

Retail firm Marka sets up HQ in Dubai Design District

Dubai retail firm Marka has said it has established its new corporate headquarters at

Dubai Design District. The announcement reflects the company's ongoing growth

and expansion, which now sees its complement of employees numbering over

1,000, it said in a statement.Read more...

Our team at the MECSC looks forward to your ongoing feedback and support for our organization. We

value your communication and feedback on our plans, goals and objectives as a growing and vibrant

retail organization in 2016. Connect with Lea - [email protected] or any of the team to pass on your

feedback.

MEMBER UPDATES

Welcome on Board! NEW MECSC MEMBERS!!!

See who have recently joined the organisation

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Copyright MECSC 2016

Middle East Council of Shopping Centres

803, Burjuman Business Tower, PO Box 43972, Dubai, UAE