UDC concludes retail leasing agreements for The Pearl-Qatar, Gewan Island at Cityscape 2021

Doha: United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl-Qatar and Gewan Island, yesterday signed major retail leasing agreements as part of its participation in the 9th edition of Cityscape Qatar 2021, while continuing to achieve remarkable sales on Crystal Residence apartments launched exclusively at the event.

UDC has signed a contract with LuLu Group to open LuLu Hypermarket in Giardino Mall at The Pearl-Qatar covering an area of 13,000sqm, in addition to LuLu Supermarket and retail brands at Gewan Island on an area of 700sqm.

Speaking to The Peninsula on the sidelines of the event, Hussain Akbar Al Baker, Executive Director Commercial at UDC said: “Today we are signing agreement with new retailers for Gewan Island, and we are very excited because these retail stores are international franchises and are first comers into the Qatari market. We have been working aggressively for getting the right retail stores, tailor-stitching the island to fulfill the customer needs. We can see that even after the World Cup, The Pearl-Qatar market will boost up and go even higher,” Al Baker added.