MULTI APPOINTS NEW MANAGING DIRECTOR MULTI NETHERLANDS AND BELGIUM

Mr Stech will assume the responsibilities for the Netherlands and Belgium in addition to his role as Managing Director of Multi Germany.

He will succeed Françoise Dechesne, who has fulfilled this position since October 2015 and will continue her career outside Multi in the real estate industry, focussing on supervisory board positions and interim management.

Hubert Stech has broad, international experience in real estate management and development, in particular in the retail sector. Before joining Multi in his current role of Managing Director Multi Germany in 2017, he was Director of Project Development and Sales at Siemens Real Estate. His previous positions include Head of Corporate International Coordination at Metro Group Asset Management and Managing Director at Douglas Real Estate. Mr Stech studied Economics at the Universities of Tübingen, Innsbruck, and New Orleans and holds a master’s degree in Social Science and Economics.

Josip Kardun, CEO of Multi Corporation: “First I would like to thank Françoise for her dedication and leadership during a transition period in which Multi transformed into a property management and asset management organization, while retaining some of its unique (re)development capabilities. I am very grateful for her contribution to Multi over the past years and wish her the very best in her future endeavours. I am pleased that Hubert is willing to accept additional responsibilities and bring his experience to the Dutch and Belgian teams.”