Lisbon, 23 March 2023
Following a tender, 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.
