And we reveal the results of Kippreport’s stress surveyAugust 30, 2015 12:30
The Landmark Group
Named as the region's retailer of the year in 2008, the group has been on a continuous expansion spree since its humble beginnings in Bahrain in 1973.
June 17, 2008 1:54 by kippreport
In 2005, the Oasis Centre, which was leased out by the group, was completely burnt down by a fire. The fire was started by contractors undertaking renovation work. They had apparently disconnected a fire alarm system because of the renovations. In 2006, the company announced plans to re-build the mall, making the retail space three times larger than the earlier one. The new development is coming up on the same location.
After the fire, reports had estimated it would cost around $82m to re-build the mall. Earlier this year, Landmark opened a 200,000 sq ft Oasis Center mall in India.
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