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.

Tags: ,

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Special Issue “Mixed Use Developments Update”

We present our Online Special "Mixed Use Developments Update".

SPACE – the German Council Congress is back in Berlin

SPACE: Shopping, Places, Attention, Culture, Environment. This is the topic of the 20th German Council Congress 2022.

NEINVER CONTINUES TO GROW IN EUROPE

The Style Outlets is expanding again with a new project under construction: Alpes The Style Outlets.

Lillenium launches an innovative digital loyalty program with Coniq

Lillenium Mall has appointed Coniq to launch a new customer engagement and loyalty program that integrates digital applications and omnichannel innovation to create frictionless retail journeys for their customers.

Top 20 Store Openings to Watch in July 2022

Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. Find here the exclusive data for July 2022.

BIG Shopping Centers Israel acquires two shopping centers in Poland

It is the first acquisition for BIG in Poland, with an investment of approximately 65 million Euro. Hay Galis, CEO of BIG, notes that these two acquisitions support company’s growth plans to become a dominant player in the Retail Park sector in Poland.