Tuesday, December 10, 2019
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Abu Dhabi Airports invites retail bids for new terminal

Abu Dhabi Duty Free is inviting bids from international retail partners to move into Abu Dhabi Airports’ Midfield Terminal Building (MTB), Abu Dhabi Airports said in a statement on Wednesday.

“Abu Dhabi Airports is calling on ambitious, innovative retailers, food and beverage operators, as well as leading brands from all over the world to participate in this commercial process,” Mohammad Al Bulooki, Chief Commercial Officer of Abu Dhabi Airports, said in a statement.

The MTB, which is expected to open in July 2017, will have a total of 28,000 square metres of leasable space, with 18,000 square metres for retail and 10,000 square metres for food and beverage outlets, as per the statement.

More than 30 million passengers are expected to pass through the MTB, which is expected to cost Dh10.8 billion.

Abu Dhabi Duty Free will offer successful bidders to work with international consultants to “optimise allocated space and cater it to their own bespoke designs,” according to the statement.

Retail revenue at Abu Dhabi Duty Free reached Dh912.7 million last year, marking a 13 per cent increase compared to 2012.

The terminal is expected to grow the Abu Dhabi Duty Free business to over Dh1.5 billion each year, according to Abu Dhabi Airports.

Sales figures reached Dh92 million at Abu Dhabi International Airport in December, making it the busiest month of the year for the airport retailer.

Last year, Abu Dhabi Duty Free expanded with the opening of an Emporio Armani boutique, and the expansion of the Burberry store.