European retail real estate manager Multi Corporation has announced its expansion in Germany with three new management mandates.
In January, Multi became property manager of two retail parks and an office building across the country.
Following these new management mandates, Multi now manages 19 assets in Germany. The portfolio under management consists of retail, office, and mixed-use properties across all of Germany.
“The management buy-out in March 2022 provided new opportunities for Multi in Germany. We are now able to expand our first-class services to other partners and we can provide our services beyond the retail sector. Although we remain retail specialists at heart, we are also actively taking on new management contracts for other asset classes. Multi is uniquely positioned because of its vertically integrated business model. This means we can offer property management, asset management and (re)development management services for all asset classes,” says Hubert Stech, Managing Director Multi in Germany & Benelux.