Cenomi Centers announces official opening of U Walk Jeddah

Logo of Arabian Centres Co. (Cenomi Centers)

Arabian Centres Co. (Cenomi Centers) announced the official opening of U Walk Jeddah on Feb. 15, according to a Tadawul statement.

The city’s first hybrid mall concept is located in Al Zahar district and has a gross leasing area of 60,000 square meters (sqm).

The mall has 136 stores across fashion, food and beverage (F&B), and entertainment sectors, along with a parking facility accommodating 1,250 vehicles.

U Walk Jeddah is approximately 80% pre-let, with openings progressing over the next few months.

Top F&B and lifestyle brands such as Nike, Bershka, Starbucks and 19V69 Versace opened their doors ahead of the mall’s opening, with a host of additional stores still to come that include Victoria’s Secret, Adidas, Zara and Lululemon.

In addition, a number of brands will open their stores over the coming weeks as the center gears up for pre-Ramadan trading.

The financial impact of the project will be reflected on the company's financial statements starting Q1 2024.

According to data compiled by Argaam, Cenomi Centers announced the soft opening of U Walk Jeddah in December 2023.

U Walk Jeddah is built on an area of 161,500 sqm. The three-story mall boasts a mix of indoor and outdoor spaces overlooking an artificial lake.

It will include 180 stores, including retail outlets, restaurants, cafes and a cinema complex.