Multi Germany, part of Multi Corporation, took over the management of Shopping Plaza in Garbsen, Vechte Arkaden in Nordhorn and City Rondell in Schwenningen. The mandates include full centre management as well as leasing. With this, Multi Germany succeeds in continuing its successful expansion in the field of external service mandates and gains a major new partner in the Corestate Capital Group.
Dr Ralf Klann, Managing Director Asset Management of the Corestate Capital Group. said: “The three shopping centres Shopping Plaza in Garbsen, Vechte Arkaden in Nordhorn and City Rondell in Schwenningen are attractive retail properties, but they make high demands on property management due to their partial mixed-use. We are confident that Multi Germany, with its many years of experience and international expertise, can meet these requirements and take full advantage of the potential of the shopping centres for the benefit of our investors. We look forward to starting this new partnership.”
Hubert Stech, Managing Director of Multi Germany: “’Passive management' of a shopping centre is no longer enough today. According to the principle of multitasking, pro-active, entrepreneurial-minded management which solves differentiated tasks comprehensively and is profit-oriented at various levels is what's needed. The three new properties in Garbsen, Nordhorn and Schwenningen are an exciting challenge for us to move one step closer to our aim of becoming the best ‘full-service shopping centre management provider in Europe’.”