Nesto Celebrates Major Milestone in 2024: 16 New Leases Signed and Exciting Expansion into Al Ain
January 4, 2025
Nesto is thrilled to announce a monumental achievement for 2024, marking the successful signing of our final lease agreement of the year, capping off a year of exceptional growth and expansion. This milestone is a testament to our relentless pursuit of providing top-quality retail experiences to customers across the UAE.
The latest development sees Nesto making a significant entry into Al Ain, one of the UAE’s most vibrant cities. This new store, which is Nesto’s third location in the city, spans an impressive 60,000 square feet and features over 200 dedicated car parking spaces, ensuring a convenient and accessible shopping experience for the local community. This state-of-the-art facility will bring even more value to Al Ain, further strengthening the city’s position as a key retail hub in the UAE.
In addition to the Al Ain project, Nesto is proud to announce that we signed 16 lease agreements in 2024, reinforcing our commitment to broadening our retail presence in strategic locations across the country. Each new lease represents Nesto’s continued dedication to delivering excellent service, a diverse product range, and an unmatched shopping environment for customers.
Nesto’s expansion strategy in 2024 has focused on bringing new stores to major urban centers and underserved regions, making quality shopping more accessible to people from all walks of life. With each new location, Nesto has strived to meet the needs of our growing customer base while supporting local economies and creating employment opportunities.
This achievement sets a high benchmark for Nesto as we move forward into 2025. With a robust pipeline of new projects and more strategic locations in the pipeline, we remain committed to driving growth, enhancing the customer experience, and contributing to the UAE’s thriving retail industry.
The success of 2024 marks just the beginning of an exciting future for Nesto. We look forward to continuing our expansion, innovating in the retail space, and serving our valued customers with excellence for years to come.
