credit: Multi
Management | Ticker

Multi takes over management of six KOPRIAN IQ shopping center

Multi Germany GmbH, part of Multi Corporation, a leading pan-European integrated service platform for retail real estate assets in Europe, took over the management of six shopping center in Berlin, Bochum, Dorsten, Hagen und Potsdam as of July 13th, 2022.

Multi takes over the centers in Berlin, Bochum, Dorsten, Hagen und Potsdam with around 25 employees from the KOPRIAN IQ portfolio. This takeover means significant growth for the Düsseldorf-based company.

“We are very pleased that we have succeeded in expanding our portfolio as part of our successful Driving-Value-Strategy”, says Hubert Stech, Managing Director Multi Germany & Benelux. “We are hoping for significant growth and synergy effects from this takeover. Above all, we are happy to be from now present in Germany´s capital Berlin and in Potsdam”.

With this acquisition Multi´s portfolio in Germany and Benelux consists of a total of 32 retail properties. “This is a basis for solid growth,” says Stech. Multi completed a management buyout in March this year after being owned by Blackstone for around a decade. The takeover of the KOPRIAN assets is a sign of the growth trend of the independent Multi Corporation.

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