Multi Corporation has been appointed property manager for a prominent retail and food & beverage asset in the centre of Lisbon. Multi will be responsible for the day-to-day management of the asset and will work closely together with the owner to implement value-enhancing initiatives.
The asset is part of an industrial area, which is home to restaurants, offices and stores, and a popular destination for artists, digital nomads and tourists alike. The owner has built office towers close to the asset and will continue to invest in the area, which is undergoing a complete transformation.
“We are thrilled to have been appointed property manager of this prominent asset in such a trendy, developing area. With our experience, I am sure we can add value to this prominent, mixed-use asset”, says João Cruz, Managing Director of Multi in Portugal and Spain.
About
About Multi
Multi Corporation is the leading pan-European platform for integrated real estate management services. Since its foundation in 1982, the company has completed over 200 real estate projects with a total GLA of over 5 million sqm, an asset value of nearly 13 billion Euros and has received over 200 industry awards from its peers. Multi currently manages over 80 properties across Europe and welcomes over 400 million customers annually, spending an estimated €4 billion across over 7,200 stores, restaurants, and leisure facilities. Multi offers a full spectrum of services, including active asset and property management, operations, redevelopment and refurbishment, leasing, advisory, legal and compliance. Multi’s in-depth knowledge of retailers, investors, visitors, and local markets provides owners of real estate an integrated and independent platform to protect and drive asset value at every phase of the property’s lifecycle. Multi’s broad financial, commercial, and technical expertise has enabled us to outperform the industry in terms of occupancy, net rental income and state-of-the-art marketing over the years. Multi actively manages assets in 13 countries. The company’s headquarters are in The Netherlands, and has offices in Belgium, Germany, Hungary, Italy, Latvia, Poland, Portugal, Slovakia, Spain, Switzerland, Turkey and Ukraine. Visit www.multi.eu for more information and to download the corporate profile.
