Multi appoints Sheila King to its supervisory board

Multi appoints Sheila King to its supervisory board

Netherlands, 30 March 2015

Multi appoints Sheila King to its supervisory board

Multi Corporation, one of Europe’s leading owners, developers and managers of prime shopping centres, and Blackstone’s operating platform for retail real estate in Europe and Turkey, announces the appointment of Sheila King to its supervisory board.

We are pleased to have a strategic leasing professional of Sheila’s calibre join the board, as we strengthen our focus on retailers and on creating exciting shopping experiences for each of the 380 million annual visits in our portfolio,’ said Anthony Myers, Head of Real Estate Europe at Blackstone and chairman of Multi’s supervisory board.

Ms. King formerly head of leasing and “retail ambassador” for the UK and French retail specialist, Hammerson, left after nearly two decades to set up her own international retail consultancy in early 2014. She began her career at CSC (now Intu). Ms. King has extensive experience in pan-European retail, having overseen the leasing of schemes such as The Bullring Birmingham, Brent Cross London and Terrasses du Port, Marseille. She is a regular contributor to various leading industry publications, and serves on the Executive and Advisory boards of ICSC, the trade council for the retail real estate industry, as well as chairing the ICSC European Leasing Group.

I am delighted to be joining Multi’s supervisory board and to be working closely with the Blackstone and Multi teams on ensuring that the centres deliver retailer innovation, convenience and excitement for customers in the twelve countries in which Multi operate. With deep experience in retail, from General Growth Properties and Brixmor in the USA to SCP Malls in China, Blackstone has an unparalleled reach in the retail real estate markets,’ said Ms. King.

Jaap Blokhuis, CEO of Multi Corporation, said: ‘We are excited to welcome Sheila to the board and look forward to benefitting from her expertise and insight. As Multi has grown to 51 owned retail destinations and a further31 under management, we never lose focus on the key drivers which attract both retailers and customers to our centres.’