MARAKEZ Developments

About MARAKEZ Developments

Developer description:

Marakez is the leading Mixed-used developer in Egypt, with an ever growing portfolio of commercial and residential projects including; Mall of Arabia, Mall of Tanta, Town Center, D5M, Mall of Mansoura, Aeon towers, District Five and Mindhaus Offices ; bringing a breadth of experience from a dynamic team of experienced and innovative Egyptian professionals.

Fawaz Al Hokair’s group is the holding company of Marakez, founded in 1989, currently operates 80 international fashion brands and more than 2,100 stores across 16 countries.

The group is a multinational conglomerate that focuses on five main sectors: fashion retail, shopping centres, F&B, entertainment and hotels. Managing over 1.5 million square meters of prime retail real estate spread across a network of 21 shopping malls.

The group’s current investments span across the Middle East, North Africa, Europe, USA and Central Asia making it one of the largest retail and real estate developers in Saudi Arabia and the Middle East.

As a result of the group’s unrivaled success, further expansion into new business sectors was inevitable covering today sectors such as construction, financial services, health care, hospitality and energy.

Project’s summary:



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