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Credit: QUINCY

MULTI Germany takes over center management for QUINCY in Cologne

New in the Multi Germany portfolio: The team of the Düsseldorf-based full-service shopping center operator will take over the management of QUINCY, a mixed-use property located in the heart of Cologne.

The company will be responsible for the center management as well as for the property and technical management of the former DuMont Carré.

“We are very proud of our steady and successful expansion. This is further proof that our approach of proactive and entrepreneurial management is the right way to go. Due to its inner-city location in the metropolitan region, QUINCY offers very great potential for successful and sustainable positioning as a smart quarter in the city,” explains Hubert Stech, Managing Director Multi Germany & Benelux.

In a joint venture with Tristan Capital Partners, Cconcepta Projektentwicklung GmbH has revitalized the former DuMont Carré in Cologne since 2019 and re-positioned it as QUINCY in the retail market. Dr. Martin, Managing Director of Concepta adds: “We are looking forward to the new cooperation and to fully exploiting the great potential of the mixed-use property with Multi as our partner and to continuing to successfully establish the QUINCY brand in the Cologne cityscape.”

The property combines shopping, residential, and office on its total area of almost 42,000 sq m. Retail with around 40 stores is spread over a total of three levels and 20,000 sq m of the center. It is easily accessible in the middle of Cologne’s city center. Tenants include international concepts, such as Decathlon, Karadag, Søstrene Grene, Smyths Toys, Woolworth, Zalando-Outlet, and several gastronomic establishments.