Lease at Lumina.
A founding-tenant opportunity in the most anticipated new shopping destination in Damascus.
Six reasons to choose Lumina.
A return moment
Opens in the first commercial cycle after December 2024.
Catchment > 2.5M
Damascus + governorate + returning diaspora.
Curated tenant mix
Brands selected for fit, not bid.
Marketing co-invest
12-month launch on Google, Meta, TikTok.
In-house fit-out
A single architectural counterparty.
USD-denominated
Predictable, hedged commercial terms.
Spaces for every brand.
| Type | Size (m²) | Best for |
|---|---|---|
| Anchor | 1,200 – 3,000 | Department stores, hypermarket, entertainment |
| Major in-line | 300 – 800 | International fashion, electronics |
| Standard in-line | 80 – 250 | Fashion, beauty, accessories |
| Boutique in-line | 30 – 80 | Jewellery, eyewear, specialty |
| F&B (full kitchen) | 120 – 300 | Restaurants, casual dining |
| Food court counter | 25 – 60 | QSR, grab-and-go |
| Café | 50 – 180 | Coffee chains, dessert |
| Kiosk / cart | 6 – 15 | Accessories, services, telecom |
| Entertainment / cinema | 1,500 – 4,000 | Multiplex, family entertainment |
Founding-tenant opening rates.
| Category | Price (USD/m²/month) |
|---|---|
| Anchor | $12 – $22 |
| Major in-line | $28 – $42 |
| Standard in-line | $35 – $55 |
| Boutique in-line | $45 – $70 |
| F&B with kitchen | $45 – $70 + 6–10% turnover |
| Food court counter | $60 – $90 |
| Café | $50 – $75 |
| Kiosk / cart | $80 – $130 |
| Entertainment / cinema | $8 – $14 |
All prices in USD per m² per month. Annual escalation 5%. Service charges 12–18%.
Three steps to opening day.
Inquire
Submit the form or download the Tenant Pack.
Site visit
Walk the floor plan and review pricing in person.
Lease & fit-out
Sign, complete due diligence, hand keys to your team.
Quick answers.
What currency are leases denominated in?
USD. Payment in USD or SYP at market rate.
Standard lease term?
Five years for in-line/F&B. Anchors 5–10 years.
Annual escalation?
5% per annum, fixed at signature.
Rent-free fit-out period?
Yes — 60 days in-line, 75–90 F&B with kitchens.
What is included in the shell?
Power, water/drainage, AC, sprinkler, raw floor.
Service charges?
12–18% of base rent.
Deposit?
Three months' rent + one month service charge.
Need a Syrian legal entity?
Yes for the counterparty. We can introduce counsel.
Marketing contribution?
Typically 3% of base rent.
Who fits out the store?
You — within our design guidelines.
Request the Tenant Pack.
We respond to qualified leasing inquiries within 48 hours.