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March 30, 2015 7:36 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, hotels, and mixed-use living communities (residential and commercial properties) in the Middle East and North Africa region. The company was founded in 1992 and 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

Dubai,  

United Arab Emirates

Founded in 1992

Key Executives for Majid Al Futtaim Properties LLC

Chief Executive Officer and Director
Age: 59
Chief Financial Officer
Age: 50
Chairman of Real Estate Investments, Chairman of MAF Misr for Commercial, Chief Executive Officer of Real Estate Investments and Chief Executive Officer of MAF Misr for Commercial
Chief Executive Officer of Communities Business Unit
Chief Executive Officer of Shopping Malls Business Unit
Compensation as of Fiscal Year 2014.

Majid Al Futtaim Properties LLC Key Developments

Majid Al Futtaim Properties Appoints Bertrand Julien-Laferriere as Chief Executive Officer

Majid Al Futtaim has announced the appointment of Bertrand Julien-Laferriere as Chief Executive Officer of Majid Al Futtaim Properties. The appointment will support the company's strategic focus ambitious growth plans to expand the business throughout the MENA region. Mr. Julien-Laferriere joined in February 2015 and is responsible for the overall growth of the group's entire property portfolio worth $10 billion, in addition to the pipeline of development projects. The portfolio comprises 17 shopping malls, which includes the Mall of the Emirates in Dubai and the City Centre mall network - the large in the Middle East, plus 11 hotels and three mixed-use communities in MENA.

Majid Al Futtaim Properties LLC Announces Appointment of Bertrand Julien-Laferriere as Chief Executive Officer

Majid Al Futtaim Properties LLC announced the appointment of Mr. Bertrand Julien-Laferriere as Chief Executive Officer of company, effective February 2, 2015.

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.

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