Arabian retailer, Souk Bazaar opens first store at NextGen Mall

Souk Bazaar, an Arabian retailer will set up its first store in the NextGen mall, previously occupied by Nakumatt.

The new anchor tenant is set to open its doors to shoppers on Tuesday occupying 90,000 SQFT, on a 20-year lease.

“This is in tandem with our view that, the retail sector is set for a paradigm shift following the recent crisis faced by anchor tenants such as Nakumatt. We expect malls to replace externally-owned supermarkets with other retail outlets such as fast food stores which also have high footfall,” said Cytonn Investments.

Souk Bazaar will offer a general supply of fast moving consumer goods and electronics.

Souk Bazaar Director Abhinav Shah says,“Whether you are staying in Parklands or Syokimau the idea is to give the product and give back to the consumer so when they do think about shopping they are happy to travel that extra 10 minutes to go to Souk.”