Sebastian Kienert, CFO of MEC. Credit: MEC

MEC sets the course for further growth

MEC is repositioning itself to manage its current and future growth even more efficiently.

In the future, the market leader for retail parks will expand its business segment to include the management of other retail properties. “As a first mover, we want to continue to play at the forefront of the market – innovative, team-oriented and agile,” says Sebastian Kienert, Managing Director (CFO) of MEC.

With the restructuring, MEC is laying the foundation for future growth. “This will enable us to react even faster and more flexibly to changing customer requirements and to offer tailor-made solutions to a wide variety of customers,” says Kienert.

The restructuring will place the former “Commercial Property Management” division on three pillars in future.

The new Commercial Asset Management department sees itself as a service partner at eye level for asset management on the customer side.

Commercial Administration Management consists of a qualified team of specialists who can meet the increasing challenges in this area in a tailor-made manner.

And Property Management manages the growing area of small retail parks and mixed-use properties in the MEC portfolio without on-site center management.

The background to the restructuring are numerous acquisitions, especially in this asset class, which have proven to be additional growth drivers in the MEC portfolio.

The goal of the reorganisation is to be able to meet the requirements of existing and potential new customers even more efficiently and precisely through increased specialisation and professionalisation.

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