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Cenomi Centers

Cenomi Centers

Saudi Arabia
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Cenomi Centers

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Cenomi Centers is a Saudi-based real-estate owner, operator, and developer specializing in shopping malls, with operations dating back to the early 2000s under its former brand Arabian Centres. The company owns and operates a large portfolio of retail destinations across Saudi Arabia, including flagship malls in Riyadh, Jeddah, and Dammam.

Financial Credibility

Cenomi Centers is a publicly listed company on the Saudi Exchange (Tadawul) and publishes audited financial statements. Its financial stability is supported by recurring rental income, long-term tenant leases, and access to capital markets.

Project Quality

Completed assets are large-scale, professionally managed retail centers with standardized construction and operational benchmarks. Public information supports consistent asset quality, though construction execution varies by project vintage.

Legal & Regulatory Standing

Cenomi Centers operates under Saudi commercial and capital-market regulations and complies with public disclosure requirements as a listed entity. There are no publicly reported regulatory sanctions affecting its core operations.

Customer Experience

Customer experience is primarily tenant- and shopper-facing, with public feedback reflecting standard mall management, leasing services, and operational performance. No systemic post-delivery issues are publicly reported.

Market Reputation

Cenomi Centers is widely regarded as a leading retail real-estate owner in Saudi Arabia, with strong brand recognition and institutional credibility.

Innovation & Sustainability

The company publicly reports ESG initiatives, including energy efficiency, mall redevelopment, and community-focused retail experiences, though third-party green certifications vary by asset.