The T.E.C. and eleven other METRO PROPERTIES centers remain under MEC management. Credit: MEC
Ticker

METRO PROPERTIES extends all its MEC mandates

With twelve mandate extensions, MEC enters the tenth year of its existence in a stronger position. METRO PROPERTIES extends all contracts for the center management of its twelve MEC locations, thus strengthening the continuity of MEC's core business.

The extended mandates cover customized services around integrated center management of retail parks and hybrid malls including commercial and technical management as well as leasing.

“We are pleased to have been able to successfully advance the further development of the centers together with MEC this year and to extend our good cooperation. 2020 was a special year; the Corona pandemic presented us, our tenants and business partners with special challenges. But it also showed the importance of local supply and a good center manager on site. Outstanding work was done in all our centers to continue to create a safe shopping experience for our customers” said Oliver Borg, Director Region Germany, METRO PROPERTIES.

“We thank METRO PROPERTIES for this signal of continued trustful cooperation,” says MEC-CFO Sebastian Kienert. “The mandate extensions at the twelve locations nationwide strengthen our core business and allow us to successfully continue our center services based on customer needs with our interdisciplinary teams.”

Over the years, MEC has become the national leader in retail center management with a continuous expansion of its client base and new market-oriented services. In addition to managing retail parks and hybrid malls, it is currently expanding its new property management product for smaller retail properties as another pillar of growth. 

The locations of the contract extensions at a glance:

  • Beetzsee Center Brandenburg
  • Bethanien Center Neubrandenburg
  • City Center Balingen
  • Elisen Park Greifswald
  • Förde Park Flensburg
  • Gutenberg Center Mainz
  • Halle Center Peißen
  • Plauen Park 
  • Rheinhessen Center Alzey
  • Saarbasar Saarbrücken
  • SUMA Center Munich
  • T.E.C. Erfurt
Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Neinver achieves 5 Star Rating in 2021 GRESB Benchmark

Neinver is finalizing a new and ambitious environmental, social and governance roadmap for 2030 and ranks once again among the top 20% of the real estate industry.

Unlocking the Value of Parking Assets as Key Components of Wider Shopping Experiences

“In today’s world, consumers expect quick and effortless service, and parking needs to reflect those changes”

Consumers Love Brands, Brands Love Brands – Start Being a Brand

A thoughtful brand strategy is the essential basis of any marketing effort. The brand, the expectation raised, is what remains after all of the marketing has swept through the room. It is what sticks in your customers’ minds. It is what makes them loyal. It is what makes them think you are worth a visit.

Shopping with All Five Senses

What does that really mean? Retail professionals have been engaged in this discussion for decades. The idea of creating physical, emotional shopping experiences has become an integral part of the retail discussion since physical, brick-and-mortar retail began to decline in popularity.

Pepco opens at six SES shopping locations all over Austria

Following the rapid market exit of shoe retailer CCC from Austria, space in SES shopping centers was quickly allocated to new partners. The Polish discount retailer acquires attractive retail space and will open six new Pepco stores this year.

Mall of Qatar selects Coniq to design first ever customer loyalty program

Coniq’s total customer engagement platform will power Mall of Qatar’s strategy to deliver unique retail experiences for millions of shoppers.