Property 28/09/2024 0 Comments

JLL to manage large gold and beauty shopping mall in Cairo

Set in the Golden Square, New Cairo, Rock Gold Mall is located on Mohammed Bin Zayed Road. The mall spans 11,000 square metres, with the building itself covering 40,000 square metres and an additional 3,000 square metres dedicated to services, seating areas, and landscaping.

Rock Gold Mall specialises in gold and beauty, featuring shops that offer luxury gold brands, beauty centres, clinics, and haute couture stores. The mall also includes facilities such as a gym, banks, confectionery shops, accessory stores, flower shops, and outlets for perfumes and eyewear, with the aim to offer a distinctive shopping experience.

Under the agreement with JLL, a global property consultancy and services company, JLL will develop and manage the Rock Gold Mall. The firm will be responsible for managing the daily operations of the mall in addition to providing a range of integrated services that include managing security, cleaning, maintenance, and marketing service providers.

“This collaboration aligns with El Batal’s broader strategy aimed at elevating the management standards of Rock Gold Mall,” said Emad Doss, CEO of El Batal Developments. “It is designed to enhance the visitor experience and boost returns for unit owners, ultimately increasing their investment value.”

“For over 200 years, JLL has helped clients buy, build, occupy, manage, and invest in a variety of commercial, industrial, hotel, residential and retail properties,” said Ayman Sami, Country Head for Egypt at JLL. “We are delighted to be working with El Batal Developments.”

Founded over 45 years ago, El Batal Developments has an extensive portfolio of residential and commercial developments. Other notable commercial developments include Rock Capital, the biggest administrative building in the Governmental district in the Egypt’s New Capital, Rock Eden Plaza in Giza, and Sheraton Commercial in Heliopolis.