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GranRoma shopping center /// credit: Multi Corporation
GranRoma shopping center /// credit: Multi Corporation

Multi Corporation appointed as Asset Manager for GranRoma shopping center

Multi Corporation has been awarded the asset management mandate for GranRoma shopping center, effective May 1, 2023.

Savills Investment Management, on behalf of Fondo Sulis, granted Multi the mandate for the center, following the success of various initiatives Multi implemented in the past year.

Early 2022, Multi became property manager for GranRoma. By working with its in-house architecture team and design studio, Multi improved GranRoma’s customer experience, created co-working areas and a lounge, and expanded the shopping center’s seating area. In addition, more terraces were created outside the shopping center, art was added to the common areas, the toilets were modernized, and the lighting in some areas has been improved.

Thanks to the various improvements and the joint effort of Multi’s local leasing team and center management & marketing team, GranRoma is experiencing double-digit footfall and sales growth compared to last year. Moreover, the average dwell time in the center has also increased. GranRoma is clearly a location where people want to meet and shop.

GranRoma opened in May 2019 and is home to almost 90 stores and restaurants. The tenants include Zara, Maisons du Monde, H&M, Cisalfa and JD Sports. It has a total GLA of about 30.700 sq m over two stories and approximately 1.600 parking spaces. Next to the food court on the first floor, a large terrace offers views over the Alessandrino Aqueduct.

“We are thrilled with this asset management mandate for GranRoma. It is a recognition for the successful initiatives we have implemented over the last year.” said Luca Maganuco, Senior Managing Director of Multi in Hungary, Italy, Slovakia and Switzerland. “Thanks to this mandate, which includes both property and asset management activities, we will be able to further improve the key performance indicators at GranRoma.”