Real Estate Management and Development
Company Overview of Majid Al Futtaim Properties LLC
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
United Arab Emirates
Founded in 1992
Key Executives for Majid Al Futtaim Properties LLC
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
Chief Executive Officer of Retail Arm
Compensation as of Fiscal Year 2015.
Majid Al Futtaim Properties LLC Key Developments
Bertrand Julien-Laferriere to Step Down from the Board and Chief Executive Officer of Majid Al Futtaim Properties LLC
Apr 20 15
The Board of Majid Al Futtaim Properties LLC announced that Mr. Bertrand Julien-Laferriere will step down from the board and resign as Chief Executive Officer effective immediately.
Majid Al Futtaim Announces Earnings Results for the Year 2014
Mar 31 15
Majid Al Futtaim announced earnings results for the year 2014. The company recorded group revenue of about USD 6.8 billion, marking an 11% increase over the same corresponding period of 2013. In addition, the firm's EBITDA marked a similar increase by 10%, hitting USD 979.98 million.
Majid Al Futtaim Properties Appoints Bertrand Julien-Laferriere as Chief Executive Officer
Mar 24 15
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.
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