This document summarizes shopping mall projects in Northern Iraq, including the Family Mall in Erbil, Dohuk, and Suleymaniah. It provides an overview of the region's population and economy, profiles the developer Darin Group, and details the malls' specifications, tenants, catchment areas and performance. Meeting topics include the malls' locations, construction progress, and demands from international retailers interested in the Northern Iraqi market.

1. Shopping Mall Projects
Yenal Sumertas
Leasing Manager / International Projects
Shopping Center Leasing
August 2013
Northern Iraq

2. • Northern Iraq Region – General Overview
• Macro-economic Outlook
• Socio-economic Outlook
• Location & Catchment Map of Erbil
• Company Profile of Darin
• Family Mall Erbil
• Family Mall Erbil - Performance Analysis
• Location & Catchment Map of Erbil of Dohuk
• Family Mall Dohuk
• Location & Catchment Map of Erbil of Suleymaniah
• Family Mall Süleymaniah
Meeting Agenda

3. • Northern Iraq Dohuk, Suleymaniah and Erbil
• Population 4.690.939 (2011)
• Area 40.643 km2
• Capital Erbil
2013 population 2.000.000 +.
• Population Kurdish, Turkmens, Assyrians,
Arabs, Christians.
• Transportation Weekly 80+ direct flights from
Vienna,Frankfurt, Stockholm,
Amsterdam, Dubai, Amman and
Istanbul.
Universities:
– Salahaddin Uni. and Suleymaniah Uni.(1968)
– Dohuk Uni. (1992)
– Koya Uni. (2003)
– Kurdistan Uni. (2006)
– Iraq American Uni. Suleymaniah (2007)
– Isik Uni. (2003)
Map of Iraq – N.Iraq General Overview

4. Northern Iraq – Macroeconomic Outlook
• Stable macroeconomic environment and liberal economic policies
• Stronger growth prospects than the rest of the country with an
estimated annual GDP growth of 6-7%
• Oil exploration/processing and construction are the major
sectors
• KRG accounts for 20% of Iraq’s oil reserves
• Share of oil income from the central government budget
at 17% of total oil revenue
• 2012 Central Iraq budget 100,5 billion dollars in the
central consists of all of the income from oil exports.
2,5 million barrels per day of crude oil exports in Iraq
• The world's 5th largest oil resources rank after
Venezuela, Saudi Arabia, Canada and Iran, More than
one-third of the country's largest oil resources located
in Northern Iraq.

5. Northern Iraq – Socio-economic Outlook
• Population growth estimated at 2.75% compared to 2.6% in Iraq and 1.3% in Turkey
• 50% of population aged below 20
• Government is the biggest employer (50% of workforce)
• Unemployment rate is low (below 5%)

6. Majidi
Mall
Northern Iraq – Erbil Location & Catchment Map

7. Darin Group is an Iraqi holding group, founded in
1998, launched to support three main industries
1. Construction,
2. Internal Project Management
3. General Trading.
The company has been involved in major construction trading
activities throughout Iraq for many years. The company also has very
diversified specialized business activities, serving the whole of Iraq.
Darin Group is the investor of Family Mall Erbil-Extension, Family
Mall Dohuk, Family Mall Suleymaniah projects and Korek Tower
Erbil (mix-use project)
Darin Group – Profile

8. Family Mall Erbil
Opening Date: 15.12.2010
GLA: 48.219 m2
Floors: 3
Total Units: 135
Parking Capacity: 1350
Monthly Visitor Number: 800.000 (average)
Management & ReLeasing: Jones Lang LaSalle
Cinema (14 theaters): 5.000 m2
Hypermarket: Carrefour - 9.990 m2
DIY: Home İstanbul - 9.608 m2
Northern Iraq – Family Mall Erbil

9. Northern Iraq – Family Mall Erbil

10. Northern Iraq – Family Mall Erbil

11. Northern Iraq – Family Mall Erbil / Family Fun

12. Northern Iraq – Family Mall Erbil / Cinema

13. Period Number of Visitors Rate of Increase
2011 7.256.000
2012 8.854.000 22%
2012* 602.000
2013* 884.000 47%
*Average for the first 5 months.
Rate of Increase %25 for 2013 as 11.000.000
visitors. (Estimates)
Family Mall Erbil - Visitor Numbers

14. -
200.000
400.000
600.000
800.000
1.000.000
1.200.000
1.400.000
1.600.000
1.800.000
2.000.000
Monday Tuesday Wednesday Thursday Friday Saturday Sunday
-
200.000
400.000
600.000
800.000
1.000.000
1.200.000
1.400.000
Jan'12 Feb'12 Mar'12 Apr'12 May'12 Jun'12 Jul'12 Aug'12 Sep'12 Oct'12 Nov'12 Dec'12
Ramadan Holiday
Newroz Holiday
Feast of Sacrifice
Family Mall Erbil - Visitor Numbers

15. Family Mall Erbil – Extension
Opening Date: 2014 Q3
GLA: 15.000 m2
Floors: 3
Total Units: 45
Parking Capacity: 600
Northern Iraq– Family Mall Erbil / Extension

16. Northern Iraq– Family Mall Erbil / Extension
Ground Floor

17. Northern Iraq– Family Mall Erbil / Extension
First Floor

18. Northern Iraq– Family Mall Erbil / Extension
Second Floor

19. Northern Iraq– Family Mall Erbil / Extension

20. Family Mall
Northern Iraq – Dohuk Location & Catchment Map

21. Family Mall Dohuk
Opening Date: 2014 Q2
GLA: 50.000 m2
Floors: 3
Total Units: 120
Parking Capacity: 2000 (500 outdoor + 1500 indoor)
Management and Leasing: Jones Lang LaSalle
Hypermarket: Carrefour - 10.000 m2
DIY: 4.500 m2
Northern Iraq – Family Mall Dohuk

22. Kids Wear
Home Textile &
Accessories
Northern Iraq– Family Mall Dohuk
Ground Floor

23. Sportwear
Northern Iraq– Family Mall Dohuk
First Floor

24. Food & Beverage Food & Beverage
Northern Iraq– Family Mall Dohuk
Second Floor

25. Family Mall Dohuk – Construction Area Pictures

26. University of Sulaimaniyah
New Campus
University of Sulaimaniyah
Old Campus
Northern Iraq – Suleymaniah Location & Catchment Map

27. Family Mall Suleymaniah
Opening Date: 2014 Q2
GLA: 65.000 m2
Floors: 3
Total Units: 150
Parking Capacity: 3000 (1000 outdoor + 2000 indoor)
Management & Leasing: Jones Lang LaSalle
Hypermarket: Carrefour - 11.000 m2
DIY: 6.000 m2
Northern Iraq – Family Mall Suleymaniah

28. Northern Iraq– Family Mall Suleymaniah

29. Electronics
Kids Wear
Home Textile &
Accessories
Northern Iraq– Family Mall Suleymaniah
Lower Ground Floor

30. 30
Sportwear Fashion Wear
Northern Iraq– Family Mall Suleymaniah
Ground Floor

31. 31
F&BF&B
Cafe&Rest. Cafe&Rest.
Northern Iraq– Family Mall Suleymaniah
First Floor

32. Family Mall Suleymaniah – Construction Area Pictures

33. Northern Iraq – Some of the Demands from International
Retailers

34. Thank you.
COPYRIGHT © JONES LANG LASALLE IP, INC. 2013