<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="27.2578957" data-lng="33.8116067" data-map-catchment-data-value="{&quot;lat&quot;:&quot;27.2578957&quot;,&quot;lng&quot;:&quot;33.8116067&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:250000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Radius of primary customer base around Hurghada&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;50 km&quot;,&quot;description&quot;:&quot;Extended radius including nearby resorts and towns&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;250,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary area, focused on Hurghada residents and tourists&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Annual growth driven by tourism development in Red Sea region&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;28 Years&quot;,&quot;description&quot;:&quot;Average age in urban coastal areas like Hurghada&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.5 Persons&quot;,&quot;description&quot;:&quot;Average household in Egyptian coastal cities&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Percentage of population with higher education in urban Red Sea areas&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;5,000 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual income for households in tourism-influenced Hurghada&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Lower than national average due to tourism jobs in Red Sea Governorate&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;80 Index (Cairo=100)&quot;,&quot;description&quot;:&quot;Relative cost in Hurghada compared to national capital&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;2,500 USD/year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person in Hurghada area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;750 USD/year&quot;,&quot;description&quot;:&quot;Estimated portion of retail spend on clothing and fashion&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;1,000 USD/year&quot;,&quot;description&quot;:&quot;Annual grocery expenditure per capita in coastal Egypt&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;250 USD/year&quot;,&quot;description&quot;:&quot;Portion of spend on consumer electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors to a major Hurghada mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;500 USD/sqm/year&quot;,&quot;description&quot;:&quot;Annual sales revenue per leasable area&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;100 Stores&quot;,&quot;description&quot;:&quot;Total retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Presence of major department stores or hypermarkets&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Moderate Qualitative&quot;,&quot;description&quot;:&quot;Number of similar malls in 20km radius&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Mix of local, regional, and international brands&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of stores with unique or experiential retail&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;110,000 sqm&quot;,&quot;description&quot;:&quot;Total rentable retail space&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Floors dedicated to shopping&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;25 USD/sqm/month&quot;,&quot;description&quot;:&quot;Typical rental rate for prime spaces&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Percentage of unoccupied leasable space&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Average lease duration 3-5 years with renewal options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5,000 sqm&quot;,&quot;description&quot;:&quot;Current vacant space for new tenants&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Qualitative&quot;,&quot;description&quot;:&quot;Adjacent to Hurghada&#39;s main coastal highway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Qualitative&quot;,&quot;description&quot;:&quot;Bus stops and taxi stands nearby&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,000 Spaces&quot;,&quot;description&quot;:&quot;Total parking capacity including underground&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Footpaths connecting to nearby hotels and beaches&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Growing online retail penetration in Egypt at 10-15%&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of sales via in-mall pickup services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Access rate in urban Red Sea areas&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;20 Index (100=high)&quot;,&quot;description&quot;:&quot;Low petty crime in tourist-focused areas&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Qualitative&quot;,&quot;description&quot;:&quot;CCTV, guards, and 24/7 monitoring&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;50 Events/year&quot;,&quot;description&quot;:&quot;Annual number of sales and seasonal promotions&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Percentage of visitors enrolled in mall loyalty scheme&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;LED screens and interactive displays throughout&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;7.0&quot;,&quot;description&quot;:&quot;Expected increase due to tourism boom&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;20 Tenants&quot;,&quot;description&quot;:&quot;Upcoming brands and stores in negotiation&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Phase 2 Qualitative&quot;,&quot;description&quot;:&quot;Planned addition of 10,000 sqm by 2027&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:303,&quot;slug&quot;:&quot;hurghada-city&quot;,&quot;name&quot;:&quot;Hurghada City Center&quot;,&quot;lat&quot;:&quot;27.2561602&quot;,&quot;lng&quot;:&quot;33.8288267&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Hurghada City Center is a modern shopping mall located in the heart of Hurghada, Egypt. With a blend of local and international retail stores, it provides a diverse shopping experience. The mall also offers entertainment options including a cinema, a variety of dining experiences, and family-friendly activities. The architecture combines contemporary design with elements of traditional Egyptian culture, making it a unique destination for both locals and tourists.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:1.71,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/303/f50d8224e90c9e915ca84ef54180417f(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:4074,&quot;slug&quot;:&quot;ibn-sina-mall&quot;,&quot;name&quot;:&quot;Ibn Sina Mall&quot;,&quot;lat&quot;:&quot;27.2578&quot;,&quot;lng&quot;:&quot;33.8116&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Ibn Sina Mall, located in Old Kawthar, Hurghada, Egypt, is a mixed-use property built in 2023 spanning 10,000 square meters of gross leasable area across three levels. It integrates commercial retail, administrative offices, and medical facilities, with 50 retail units anchored by medical clinics and cafes. The tenant mix prioritizes healthcare services, supplemented by basic retail outlets and dining options, targeting both residents and tourists in this coastal city. Occupancy rate is 90 percent, leaving 2,000 square meters available for leasing at an average rent of 900 EGP per square meter per month. Accessibility is supported by public transport, 1 kilometer proximity to main roads, and 200 to 300 parking spaces, contributing to medium pedestrian traffic. Annual footfall totals 500,000 visitors, with an average dwell time of 1.5 hours and 25 percent conversion rate. The primary catchment area covers 800,000 people within 20 kilometers, characterized by a median age of 25 years, 2 percent annual population growth, 30 percent tertiary education rate, and median household income of 15,000 EGP monthly. Retail spending per capita reaches 1,200 USD annually, focused on groceries and apparel. In the market, it holds a niche position in medical-retail integration amid moderate local competition from established malls like Senzo Mall and high e-commerce influence with 70 percent internet penetration. Leasing advantages encompass flexible terms, quarterly promotional events, digital signage, and projected 5 percent footfall growth, though drawbacks include consumer demands for enhanced family amenities and diverse dining to boost engagement.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Medical Clinics, Cafes&quot;,&quot;distance&quot;:0.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Medical Clinics, Cafes&quot;}},{&quot;id&quot;:3252,&quot;slug&quot;:&quot;hurghada-marina-boulevard&quot;,&quot;name&quot;:&quot;Hurghada Marina Boulevard&quot;,&quot;lat&quot;:&quot;27.2658&quot;,&quot;lng&quot;:&quot;33.8225&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Hurghada Marina Boulevard, operating as Marina Mall, is an open-air waterfront lifestyle center in Hurghada, Egypt, situated along the Red Sea at Marina Boulevard, 10 km from Hurghada International Airport. Covering 50,000 sqm of gross leasable area over 3 levels, it hosts 120 stores with a tenant mix comprising 40% retail including boutiques for clothing, jewelry, souvenirs, and brands like Zara and Carrefour as anchors; 50% food and beverage with 25 outlets offering Egyptian, Mediterranean, Asian, and international cuisines; and 10% leisure facilities such as a multiplex cinema, 7D cinema, boat cruises, and water sports. Owned by ARQA Development Group since 2008, it functions as a primary evening venue for shopping, dining, and entertainment within Hurgadas tourism-centric market. The catchment area includes 1,200,000 people, blending 250,000 local residents with 7-8 million annual tourists primarily from Europe and Russia, peaking October to April. Accessibility benefits from 1,200 parking spaces, main road connections, public transport, wheelchair access, Wi-Fi, ATMs, and 24/7 security, though traffic congestion occurs. Annual footfall totals 7.5 million, with daily averages of 5,000-10,000 in high season and 2,000-3,000 in summer, yielding 1.5-hour dwell times and 25% conversion rates. Occupancy stands at 85-90% overall, 95% for F\u0026B, with 7% vacancy and 3,500 sqm available in 50-500 sqm units. Rents average EGP 500-800 per sqm yearly (35 USD/sqm/month), up to 1,000 EGP for prime waterfront spots, alongside 750 USD sales per sqm. Market position emphasizes premium marina ambiance and tourism recovery, offering leasing advantages like flexible terms, high tenant diversity, and 5% projected footfall growth, but faces seasonal variability, competition from enclosed malls, and e-commerce pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Nike,Timberland,Gucci,Armani&quot;,&quot;distance&quot;:1.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Nike,Timberland,Gucci,Armani&quot;}},{&quot;id&quot;:3131,&quot;slug&quot;:&quot;hurghada-mall&quot;,&quot;name&quot;:&quot;Hurghada Mall&quot;,&quot;lat&quot;:&quot;27.2578&quot;,&quot;lng&quot;:&quot;33.8117&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Hurghada Mall, situated in the bustling Arabia district along Cornish Road adjacent to Hilton Plaza Hotel in Hurghada, Egypt, functions as a prominent retail and entertainment venue targeting tourists and locals alike. This relatively new shopping center spans multiple levels with a tenant mix featuring international fashion brands, local boutiques, apparel for men, women, and children, footwear, eyewear, accessories, lingerie, jewelry stores, supermarkets, and diverse dining outlets offering international and Egyptian cuisine. It positions itself in the mid-tier market segment within Hurghadas competitive retail landscape, benefiting from the citys status as a major Red Sea tourist destination with over 7 million annual visitors. Footfall peaks during October to April tourist season, estimated at 5,000-10,000 daily visitors, supported by proximity to high-occupancy hotels (90%+ in peak) and easy accessibility via 10-minute taxi from Hurghada International Airport. Occupancy rates stand at approximately 85%, with average annual rents of EGP 500-800 per square meter for prime ground-floor spaces, offering leasing advantages like flexible terms for seasonal operators and turnover rents tied to sales performance. Strengths include family-friendly amenities such as play areas and late-night hours (10 AM to midnight), fostering dwell time and cross-shopping. However, drawbacks encompass seasonal demand variability, with off-peak footfall dropping 50-60%, intense competition from larger venues like Senzo Mall, potential infrastructure strains from tourism influx, and market saturation in souvenir and apparel categories amid Egypts economic challenges including inflation and currency fluctuations. Overall, it suits retailers in fashion, beauty, and F\u0026B seeking tourist exposure but requires strategies to mitigate low-season risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, DeFacto, 2B&quot;,&quot;distance&quot;:0.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, DeFacto, 2B&quot;}},{&quot;id&quot;:3750,&quot;slug&quot;:&quot;red-sea-mall&quot;,&quot;name&quot;:&quot;Red Sea Mall&quot;,&quot;lat&quot;:&quot;27.2575&quot;,&quot;lng&quot;:&quot;33.8115&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Red Sea Mall, located in Hurghadas Al Dahar area, offers 50,000 sqm GLA across three levels with 100 stores. Tenant mix emphasizes souvenirs, eyewear, and crafts, with high diversity and 15% unique offerings. Occupancy is 92%, vacancy 8%, with 5,000 sqm available. Footfall averages 8,333 monthly (1.5M yearly), 7% growth projected, 25% conversion rate. Rents at 25 USD/sqm/month. Catchment: 250,000 pop (10km radius), 5% growth, median age 28, income 5,000 USD/year. Sales: 500 USD/sqm/year. Strong accessibility via main roads, public transport, 1,000 parking spots. Market position benefits from tourism, but faces e-commerce competition. Leasing advantages include pedestrian traffic and events; drawbacks involve demand for family amenities and diverse dining.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Souvenir shops, Sunglasses stores, Local crafts&quot;,&quot;distance&quot;:0.05,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Souvenir shops, Sunglasses stores, Local crafts&quot;}},{&quot;id&quot;:3756,&quot;slug&quot;:&quot;pickalbatros-mall&quot;,&quot;name&quot;:&quot;Pickalbatros Mall&quot;,&quot;lat&quot;:&quot;27.257&quot;,&quot;lng&quot;:&quot;33.811&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pickalbatros Mall, located on Safaga Road in Hurghada, Egypt, is a mid-sized shopping center with a gross leasable area of 35,000 square meters, developed in 2015 by Pickalbatros Hotels and Resorts. It serves the bustling tourist hub of Hurghada, a Red Sea resort city attracting over 7 million visitors annually, primarily from Europe and Russia. The mall&#39;s market position benefits from its proximity to high-occupancy beach resorts, with hotel occupancy rates exceeding 90% during the peak season from October to April. Tenant mix includes anchor stores such as Carrefour for groceries, Zara and LC Waikiki for fashion, alongside dining options and home decor outlets, catering to both tourists and local residents in a city of approximately 250,000 people. Leasing advantages include ample parking for 1,000 vehicles, enhancing accessibility via the main coastal road, and a focus on family-oriented retail that aligns with the demographic of vacationing families and young adults. However, performance is heavily seasonal, with reduced footfall in summer months due to extreme heat, potentially impacting sales consistency. Operational quality is supported by modern infrastructure, but competition from nearby centers like Senzo Mall introduces risks of market saturation in tourist-driven categories such as apparel and souvenirs. Rent levels in Hurghada average around 15 USD per square foot annually, offering competitive entry for mid-tier retailers, though high utility costs and maintenance fees may offset savings. Overall, the property provides solid potential for brands targeting transient tourist spending, balanced against the challenges of economic volatility in Egypt&#39;s tourism sector and limited year-round local support.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, LC Waikiki, Zara&quot;,&quot;distance&quot;:0.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, LC Waikiki, Zara&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:4076,&quot;slug&quot;:&quot;hurghada-city-gate&quot;,&quot;name&quot;:&quot;Hurghada City Gate&quot;,&quot;lat&quot;:&quot;27.1931&quot;,&quot;lng&quot;:&quot;33.8133&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Hurghada City Gate is a retail property situated on the prominent 65m Road in Hurghada, Egypt, serving as a key commercial hub in this major Red Sea tourist destination that draws over 7 million visitors yearly. Positioned as a premium shopping center, it caters to a blend of international tourists, local residents, and expats through a tenant mix emphasizing mid-tier fashion brands, accessories, jewelry, souvenirs, supermarkets, and casual dining options reflecting Egyptian and international cuisines. The property spans multiple levels with approximately 50-70 stores, benefiting from the citys vibrant retail landscape where sector growth averages 5-7% annually. Occupancy in comparable venues stands at 80-90%, supported by strong seasonal footfall of 4,000-8,000 daily visitors from October to April, linked to nearby hotels achieving 90%+ occupancy. Accessibility is enhanced by direct road connections and proximity to Hurghada International Airport (10-15 km away), though traffic on 65m Road can be challenging. Market position is solid in the mid-tier segment, offering leasing advantages like high tourist exposure and flexible unit sizes (20-200 sqm), with estimated rents of EGP 600-900 per sqm monthly. Drawbacks include heavy competition from larger players like Senzo Mall and Hurghada City Center, seasonal tourism volatility, market saturation in souvenir and apparel categories, and economic pressures from 15% inflation impacting margins. Operational quality features modern facilities with parking for 300+ vehicles, but potential aging infrastructure in surrounding areas and utility reliability warrant evaluation for long-term leases.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Local fashion stores, retail outlets&quot;,&quot;distance&quot;:7.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Local fashion stores, retail outlets&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:4080,&quot;slug&quot;:&quot;sahl-hasheesh-plaza&quot;,&quot;name&quot;:&quot;Sahl Hasheesh Plaza&quot;,&quot;lat&quot;:&quot;27.07655&quot;,&quot;lng&quot;:&quot;33.8839&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Sahl Hasheesh Plaza is a shopping center in Old Town, Sahl Hasheesh, Hurghada, Egypt, spanning 8,000 sqm GLA across two levels since its 2010 opening under Egyptian Resorts Company ownership. It hosts 25 retail stores with medium diversity, anchored by local retailers, cafes, and souvenir shops that highlight unique concepts suited to the resort locale. Annual footfall reaches 750,000 visitors, driven by seasonal tourism, with 5% projected growth and high pedestrian traffic. Occupancy is 88%, with 1,000 sqm available at average rents of 600 EGP/sqm/month and sales of 12,000 EGP/sqm/year. Direct main road access and 300 parking spaces aid accessibility, though public transport is moderate. The 5 km primary catchment includes 150,000 residents growing at 2.5% yearly, median age 28, household income 15,000 EGP/month, and per capita retail spend of 2,500 USD annually, focused on apparel, groceries, and electronics. Market position leverages low competitor density in tourism retail, with dwell time of 1.5 hours and 25% conversion rate, supported by comprehensive security and frequent events. Leasing advantages encompass high term flexibility, ongoing tenant pipeline, and expansion plans, ideal for tourist-oriented retailers, yet drawbacks include 12% vacancy, medium e-commerce rivalry, and seasonal variability impacting consistent performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Local Retailers, Cafes, Souvenir Shops&quot;,&quot;distance&quot;:21.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Local Retailers, Cafes, Souvenir Shops&quot;}},{&quot;id&quot;:5271,&quot;slug&quot;:&quot;el-gouna-plaza&quot;,&quot;name&quot;:&quot;El Gouna Plaza&quot;,&quot;lat&quot;:&quot;27.402484&quot;,&quot;lng&quot;:&quot;33.6511438&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;El Gouna Plaza is situated in the resort community of El Gouna, 25 km north of Hurghada, Egypt, as a mixed-use development emphasizing cultural and commercial spaces. Designed by Studio Seilern Architects, it includes open plazas for events, pedestrian-friendly walkways, and retail units tailored for upscale boutiques, cafes, and galleries. The property benefits from El Gounas established tourism infrastructure, with over 20 hotels and resorts generating high seasonal visitor traffic. Market position is premium, supported by the areas real estate growth, where sales increased 64% in 2024 and prices reached EGP 233,250 per sqm. Tenant mix features a blend of international brands in apparel and accessories alongside local artisan vendors and dining options, fostering a vibrant atmosphere. Occupancy rates for similar El Gouna retail centers average 80-90%, driven by hotel occupancies of 90-100% in peak winter months. Annual footfall in the vicinity exceeds 500,000, concentrated from November to April, with accessibility enhanced by proximity to Hurghada International Airport and internal transport networks. Rent levels range EGP 1,000-1,800 per sqm yearly, higher than Egypts national retail average of EGP 800-1,200, justified by affluent tourist demographics including Europeans and Middle Eastern visitors with strong spending on leisure retail. Leasing advantages encompass high visibility in a luxury setting, cross-traffic from cultural events, and potential for seasonal promotions. Drawbacks involve heavy reliance on tourism, resulting in 40-50% footfall drops in summer, plus competition from established spots like El Gouna Promenade and Outlet, and exposure to regional economic volatility affecting visitor numbers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Made in Gouna pop-up&quot;,&quot;distance&quot;:22.58,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Made in Gouna pop-up&quot;}},{&quot;id&quot;:2509,&quot;slug&quot;:&quot;el-gouna-promenade&quot;,&quot;name&quot;:&quot;El Gouna Promenade&quot;,&quot;lat&quot;:&quot;27.3936&quot;,&quot;lng&quot;:&quot;33.7967&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;El Gouna Promenade is an upscale waterfront retail and leisure destination within the master-planned resort town of El Gouna, located approximately 25 kilometers north of Hurghada, Egypt. Developed by Orascom Development Holding, it forms part of the integrated marina areas, featuring a pedestrian-friendly promenade lined with boutiques, cafes, restaurants, and specialty shops spanning over 600 meters in sections like Fanadir and New Marina. The tenant mix emphasizes luxury and lifestyle brands, including international fashion outlets, artisanal goods, and dining options catering to tourists and residents, with more than 30 retail units across the commercial zones. Market position is strong in the premium Red Sea tourism segment, benefiting from year-round appeal due to mild climate and diverse activities, including golf, water sports, and cultural events like the El Gouna Film Festival, which attracts over 200,000 visitors annually and drives peak footfall. Occupancy rates in El Gouna hotels often reach 90-100% during high seasons, indirectly supporting retail performance with estimated annual footfall exceeding 500,000 from international tourists primarily from Europe, the Gulf, and Russia. Rent levels for prime promenade spaces range from 500 to 1,200 EGP per square meter annually, reflecting the high-end positioning, though negotiations may allow flexibility for long-term leases. Accessibility is facilitated by proximity to Hurghada International Airport (20-30 minute drive) and internal shuttle services, but reliance on private vehicles or taxis can pose challenges for non-residents. Leasing advantages include high visibility to affluent demographics, sustainable infrastructure with 16% solar power usage, and a captive audience from 15,000 permanent residents and seasonal visitors, fostering steady sales in categories like apparel and F\u0026B. However, potential drawbacks involve seasonal fluctuations in tourism, competition from nearby Hurghada malls like Senzo and Pick n Pay, and vulnerability to regional economic factors affecting travel.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Bestway Supermarket, Various Boutiques&quot;,&quot;distance&quot;:15.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Bestway Supermarket, Various Boutiques&quot;}},{&quot;id&quot;:2506,&quot;slug&quot;:&quot;senzo-mall&quot;,&quot;name&quot;:&quot;Senzo Mall&quot;,&quot;lat&quot;:&quot;27.09515&quot;,&quot;lng&quot;:&quot;33.82214&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Senzo Mall, established in 2009 on 170,000 square meters in central Hurghada, Egypt, holds the position of the largest retail and entertainment destination in the Red Sea region. It caters to a trade area population of 250,000, including 200,000 residents and over 1 million annual tourists, within a market generating 5 million retail visits yearly and retail sales per capita of 2,500 USD. The tenant mix comprises anchor tenant Spinneys hypermarket spanning 8,000 square meters, international apparel brands such as Adidas, LC Waikiki, and DeFacto, fast-food outlets including McDonalds, KFC, Pizza Hut, and Chilis, alongside a duty-free shop, pharmacy, and a souk for souvenirs. Entertainment facilities feature cinemas, bowling alleys, an indoor children\&quot;s amusement park, and regular live music events, appealing to families and tourists. Market reports note moderate luxury retail performance, with consumer preferences leaning toward value fashion at 40% and dining at 40% of spending. Leasing advantages encompass strategic location near luxury hotels and a 10-15 minute drive from Hurghada International Airport, parking for 2,000 vehicles, and an ongoing expansion project increasing available space. General rent levels stand at 15 USD per square foot annually, supported by 6% projected retail growth and high sustainable demand. Potential challenges include competition from Hurghada City Center, 20% retail leakage, e-commerce penetration at 25%, and operational hurdles like security-related taxi overcharges and haggling in the souk area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Hurghada&quot;},&quot;anchor_tenants&quot;:&quot;Spinneys, Adidas, LC Waikiki, McDonald&#39;s, KFC&quot;,&quot;distance&quot;:18.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Spinneys, Adidas, LC Waikiki, McDonald&#39;s, KFC&quot;}}]}" data-map-update-url-value="/malls/red-sea" id="mall-map-wrapper"><div data-city="Hurghada" data-current-mall="true" data-id="red-sea" data-lat="27.2578957" data-lng="33.8116067" data-map-target="mall" data-name="Red Sea Mall" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">50 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">250,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5,000 USD/year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">80 Index (Cairo=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,500 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">750 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,000 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">250 USD/year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">500 USD/sqm/year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">100 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Moderate Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">110,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">25 USD/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">8.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Qualitative</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">20 Index (100=high)</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced Qualitative</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50 Events/year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">7.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">20 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Phase 2 Qualitative</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>