MSQUARED SHOPPING CENTRES IS A RETAIL SERVICES COMPANY THAT OFFERS COMPREHENSIVE RETAIL DEVELOPMENT, LEASING AND ASSET MANAGEMENT SERVICES FOR EXISTING RETAIL PROPERTIES AND NEW RETAIL DEVELOPMENTS.

By providing this wide array of services mSquared is able to deliver both turnkey and bespoke retail solutions in line with each client's needs. The company possesses, through its accomplishments and experience, in depth knowledge and understanding of retail function and design, coupled with its vast network of established relationships in both the regional and international retail communities.

The strength of this company’s foundation begins with its co-Founders, Rashid Doleh and Shahram Shamsaee. In April 2012, the partners decided to combined their more than 30 years' experience in the retail real estate development industry in the Middle East, in which they played integral roles in the creation of 17.8 Million Square Feet of retail space leading to the creation of some of the most widely recognized, awarded and successful shopping Malls in the greater GCC region.

Project examples: Mall of the Emirates, Dubai Mall, Mall of Egypt, Dubai Marina Mall, Bahrain City Centre, Mirdif City Centre and Deira City Centre, just to provide some of the notable Developments. The Founder’s retail history and savoir-faire along the Agents that make up their Team create a true value-add for any industry investor or developer that’s goal is establishing a true long term revenue generating asset, geared for growth in value and market position into the future.

PROVEN CAPABILITY TO PROVIDE SEAMLESS DEVELOPMENT, LEASING AND ASSET MANAGEMENT SERVICES.

We have the proven capability to provide seamless development management, leasing and asset management services for Client needs that range from community shopping centres to world class super regional malls.

Our team has decades of collective experience in the development and delivery of regional and super regional shopping malls, including the development of some of the most world renown super regional malls in the Middle East & North Africa.

OUR IN-DEPTH KNOWLEDGE OF RETAIL DESIGN & ENGAGING RETAIL DESTINATIONS PROVIDES CUSTOMER EXPERIENCES THAT GENERATE TREMENDOUS TANGIBLE & INTANGIBLE VALUE FOR OUR CLIENTS

We deliver substantial cost savings and operational efficiencies throughout the development cycle while maximizing our knowledge of retailer merchandising to deliver the most accretive Property to our clients. Partnered with mSquared, you will have our team's extensive knowledge and proven experience, with every resource we have to offer dedicated to meeting your objectives, priorities and timelines.

Your continued benefits come from our team’s vast network and established relationships covering all aspects of the regional and global retail industry, including human resources, consultants and retail groups.

OUR PHILOSOPHY IS HOLISTIC: WE TAKE OWNERSHIP OF THE ENTIRE RETAIL EXPERIENCE ON YOUR BEHALF.

As your custodian of this bespoke experience, we pay close attention to every requirement and ensure that they are addressed and integrated for you at all possible levels.

“People, and their instinctive interaction with retail space”, lies at the heart of our philosophy – preserving the human scale, is a key consideration in the creation of an effective retail environment. Accordingly, our approach focuses on delivering an offering that combines retailer efficiency, sales productivity, a lifestyle and social customer environment, and effective post-opening management.

mSquared emphasizes the importance of:

  • Creating a design that recognizes and adopts global lifestyle and retail trends while ensuring that it is accurately communicated to and implemented by the development's Design Team.
  • Managing and coordinating with the Design Team, including the architects, project managers, retail operating partners, retailer space planners and other design consultants.
  • Ensuring that the shopping centre is designed with its planned goals in mind: effortless harmony amongst its end-users: the customers, retail brands and post-opening management.
  • Delivering a centre free of any irregularities, therefore minimizing the risk of reduced asset value or unforeseen economic or functional obsolescence.
  • Ensuring the most seamless opening possible; all key leasing and management staff are fully trained and that all systems and contracts are in place, ready to welcome the shopping community.

PARTNERS

SHAHRAM SHAMSAEE
CO-FOUNDER AND MANAGING PARTNER

Shahram Shamsaee draws on over 25 years of Real Estate experience in the Middle East and the United States of America. Prior to the establishment of mSquared Shopping Centres, Shahram spent 11 years with Majid Al Futtaim Properties, one of the largest developer and operators of malls in the region.

As Senior Vice President of Shopping Malls and subsequently Asset Management, he led a team of 550 people in 4 markets and managed a portfolio of over 10,000,000 Square Feet in the MENA region.

Shahram has extensive development, design, leasing, marketing and property management experience. He is a graduate of the prestigious AMP program at Harvard Business School. Shahram has served as faculty for the International Council of Shopping Centres (ICSC) School of Professional Development and currently serves on the ICSC Board of Trustees.

RASHID DOLEH
CO-FOUNDER AND MANAGING PARTNER

With over 15 years experience in the Retail Industry, Rashid has developed, leased and asset managed some of the Middle East's most successful shopping centres, and for some of the region's most respected mall owners, developers and operators. In that time, he has proven his ability to build and lead teams of professionals, delivering the regions' highest grossing sales per square foot shopping centres.

Rashid has been Chief Executive Officer (CEO) of three organisations to date: Emaar Malls Group, Emaar Retail (concurrently) and Meraas Malls and Hospitality. In this capacity, he built and led organisations that delivered the entire retail asset spectrum; community, regional and super regional malls.

Rashid graduated from the University of Denver in Colorado, USA with a Bachelor of Science in Business Administration, double majoring in Finance and Business Administration. He was recognized and awarded two honours for scholastic achievement. He is a member of the International Council of Shopping Centres (ICSC) and the former President for the Middle East Council of Shopping Centres (MECSC).

A SELECTION OF MSQUARED PROJECTS

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DOHA FESTIVAL CITY
DOHA, QATAR

Doha Festival City upon completion will be the largest mall in Qatar and one of the largest malls in the region.

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DUBAI FESTIVAL CITY
DUBAI, U.A.E.

Dubai Festival City is a Super Regional hybrid retail destination with various elements.

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REEM MALL
ABU DHABI, U.A.E.

The Reem Mall is a Super-Regional shopping centre development located on Al Reem Island in Abu Dhabi.

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