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Brand Fit Snapshot

Best for:

International ChainsNational ChainsPremium Dining & LifestyleFamily EntertainmentTourist & Duty-Free

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Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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Genena City is a large, mixed-use retail and entertainment complex located in the city of Sharm El Sheikh, Egypt. Known for its wide variety of shops, restaurants, and entertainment options, it attracts both locals and international tourists. The mall is designed to provide an enjoyable shopping experience, featuring both global and local brands, along with a focus on leisure and dining. It is centrally located, which offers easy access to both residential and tourist areas.

However, the mall can experience significant crowding, especially during peak tourist seasons, which may affect customer shopping experiences and reduce the convenience for retailers. Additionally, while the mall has a diverse range of stores, its overall foot traffic can fluctuate seasonally, with lower volumes during the off-peak months, which may impact consistent sales for some retailers.

Overall, while Genena City offers a bustling environment for high-traffic retailers, it may not be ideal for businesses that rely on more consistent, steady foot traffic throughout the year.

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Hours of Operation

Hours

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Monday10:00 AM — 11:00 PM
Tuesday10:00 AM — 11:00 PM
Wednesday10:00 AM — 11:00 PM
Thursday10:00 AM — 11:00 PM
Friday10:00 AM — 12:00 AM
Saturday10:00 AM — 12:00 AM
Sunday10:00 AM — 11:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Halomy, Street 38, Sharm El Sheikh, Egypt

Insights

Location Accessibility

Genena City enjoys a prime location in Sharm El Sheikh, easily accessible from major residential and tourist areas, making it a strong choice for retailers targeting both local and international customers.

Foot Traffic Variability

Foot traffic at Genena City can vary significantly, with peaks during the high tourist season and quieter periods during the off-peak months. This variability may affect sales performance, particularly for businesses relying on consistent foot traffic.

Retail Variety and Leasing

The mall hosts a mix of international and local brands, providing a competitive environment for retailers. However, it may be challenging for small businesses to stand out among global brands, particularly in a market that is heavily reliant on tourism.

Building Details

Property Type
Regional
Gross Leasable Area
30,000
Year Built
2014
Parking Spaces
1600
Average Monthly Footfall
666,667
Owner
ElNoras for Resorts & Genena Group
Anchor Tenants
City Ggym, Fares Restaurant, Kingtut Museum, Karezma Restaurant

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
2,500,000 People
Population growth rate
1.8 %
Median age
28 Years
Household size
4.2 People
Education level (tertiary)
35.0 %

Median household income
5,500 USD
Unemployment rate
7.5 %
Cost of living index
45 Index

Retail spending per capita
1,200 USD
Spending on apparel
250 USD
Spending on groceries
400 USD
Spending on electronics
150 USD

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
3,500 USD

Number of retail stores
161 Stores
Anchor tenant presence
Yes
Competitor density (same category)
10 Stores
Tenant diversity
70.0 %
Unique Concepts
15.0 %

Number of Levels
3 Levels
Average rent per square meter
30 USD
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
2,400 Square Meters
Gross Leasable Area
30,000 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
High
Parking spaces
1,600 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
20.0 %
Internet penetration
70.0 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
10 Stores
Mall expansion plans
No
City Snapshot
Sharm El Sheikh

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Sharm El Sheikh

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