Aldar and Vindico Retail celebrate opening 1,000 shops and restaurants

The retail delivery partnership between Aldar Properties and Vindico Retail has reached its 1,000th store opening across the listed property company's shopping centre portfolio.

Vindico has supported Aldar's retail delivery team for ten years, providing an integrated content, design, management and on-site service that has evolved alongside Aldar's emergence as an owner and manager of retail real estate in Abu Dhabi. Aldar first appointed Vindico in 2008 as retail delivery consultant on the Central Market Souk project, followed by Yas Mall. Today the focus is on getting shops and restaurants open in less time across the operating properties.

At an event marking the milestone, Duncan Howes, Aldar's SVP Retail & Project Delivery, presented a Certificate of Appreciation to Vindico Managing Director Richard Kim. Kim said the achievement reflected a lot of hard work by both teams, and also how the business model had evolved to keep adding value as an outsourced supplier through the transition from Aldar's development pipeline to its retail property portfolio.

It is rare for a client to show its appreciation like this, and our group has enjoyed the opportunity to pause for a moment to reflect on what our two teams have achieved together. Today is also an opportunity to look forward. We don't take our relationship with Aldar for granted, and with such familiarity comes a responsibility to be looking for new ways to improve how we achieve retail delivery outcomes in an industry that is reinventing itself.
Paul Wagner, Head of Retail Delivery for Abu Dhabi and portfolio lead, Vindico

Vindico's role covers content, design, management and on-site services to Aldar's retail delivery team. Each shop and restaurant is fitted out by its brand and their contractors.