5.53 AM Sunday, 24 November 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 05:21 06:38 12:08 15:09 17:32 18:50
24 November 2024

Danube plans two more Buildmarts

Danube has opened two Buildmart shops in Dubai and Abu Dhabi. (EB FILE) 

Published
By Staff Writer

Danube Building Materials has announced a Dh20 million expansion plan for its retail complex chain Danube Buildmart with two new branches in Dubai.

The new facilities will open in Ibn Battuta Mall and Dubai Festival City. According to a statement released by the company, the Ibn Battuta Mall and Dubai Festival City branches will be inaugurated by September and December, respectively.

With a combined area of 15,000 square feet, both retail complexes are set to offer 15,000 products ranging from chandeliers, wallpaper collections, luxury sanitary ware, Venetian blinds, carpets and curtains, among others.

"Merely a month after the launch of Danube's first two independent Buildmart boutique branches in Dubai and Abu Dhabi, we are gearing up for the opening of our first in-mall shops within two of the most prominent shopping destinations in the UAE," said Rizwan Sajan, Chairman, Danube Building Materials.

Earlier this year, Danube launched Buildmart – a retail complex that incorporates a 20,000 square feet showroom, a 40,000 square feet warehousing section, and open areas for additional shops and parking.

"As evident in our efforts to expand our recently inaugurated operations in Bahrain and cultivate opportunities in the impending launch of our operations in Saudi Arabia, the rapid expansion of the Buildmart brand, not just n the UAE but across the region, is an indication of the effectiveness of our business strategy. This also reflects the continuous construction activities in the region amid the recession, and as a market leader in the region, we are intensifying our efforts to fuel growth within the industry, and in effect, the Middle East economy," said Sajan.

 

Keep up with the latest business news from the region with the daily Emirates Business 24|7 newsletter. To subscribe to the newsletter, please click here.