January 30, 2015 12:31 AM 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


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
Chief Executive Officer of Shopping Malls Business Unit
Chief Executive Officer of Retail Arm
Senior Vice President of Asset Management
Compensation as of Fiscal Year 2014.

Majid Al Futtaim Properties LLC Key Developments

Majid Al Futtaim Plans to Double the Size of its Business over ext Five Years

Over the next five years, Majid Al Futtaim is planning to double the size of its business, with additional hypermarkets and supermarkets, as well as family entertainment centres, planned.

Majid Al Futtaim Appoints Michael Cesarz as CEO of it Shopping Malls Business Unit

Majid Al Futtaim has announced the appointment of Michael Cesarz as CEO of its shopping malls business unit. Cesarz is the second senior appointment made by Majid Al Futtaim recently following the appointment of Rajiv Suri as the new CEO of Majid Al Futtaim.

Majid Al Futtaim Appoints Michael Cesarz as CEO of Shopping Malls Business Unit

Majid Al Futtaim announced the appointment of Michael Cesarz as Chief Executive Officer of its Shopping Malls Business Unit. His experience includes a number of senior management roles, such as CEO and Chairman of METRO Group Asset Management, Head of Construction and Member of the Board at Peek & Cloppenburg KG as well as other real estate project development roles.

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