The real estate and infrastructure arm of Abu Dhabi-based sovereign investor Mubadala Investment Company will provide tenants at the Galleria a three-month rent-free period effective from April through to June 2020, a statement said. Malls in the Middle East have now been gradually allowed to reopen this month.
Galleria Mall, which is located on Al Maryah Island reopened and welcomed guests earlier this month after implementing the required procedures and safety measures to combat the spread of Covid-19, the statement said.
‘In line with recent updates with the Covid-19 outbreak in the UAE, we have established various tactics to maintain business continuity. We have considered various strategies and invested into solutions for our partners so that together, we overcome the challenges head-on. Our vision for Al Maryah Island and the Galleria has always been community first.’ – Ali Eid Al Mheiri, executive Director of Real Estate and Infrastructure, Mubadala.
