Amsterdam, 6 June 2024
Multi Corporation awarded Portuguese management mandate for Sintra Retail Park
Amsterdam, 6 June, 2024 – Multi Corporation, a leading European retail management and development company, proudly announces that it has been awarded the management mandate for Portugal’s leading retail park in the greater Lisbon area, Portugal. The 20.100 sqm Sintra Retail Park was recently acquired by AM Alpha, who is an existing client of Multi Corporation.
Sintra Retail Park was developed in November 2000, and has 19 stores across a range of sectors, with key tenants including Media Markt, Sports Direct, Casa, McDonald’s, and Pizza Hut. The asset also provides 650 free parking spaces. Multi has long had a connection with Sintra as it managed the asset for a number of years, before it was sold in 2018.
Francisco Cavaleiro, Managing Director Multi Corporation Iberia, expressed his enthusiasm for the collaboration, stating, “We are delighted to have been appointed as the manager of Sintra Retail Park. This new mandate strengthens our partnership with AM Alpha. We had the pleasure to also manage this asset in the past and we are confident that we can enhance the performance and value of the retail park once again through our extensive expertise in the retail sector.”
About Multi Corporation
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 about 13 billion Euros and has received over 200 industry awards from its peers. Multi currently manages over 160 properties across Europe and welcomes over 400 million customers annually, spending an estimated €4 billion across over 6.000 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 15 countries. The company’s headquarters are in The Netherlands, and has offices in Belgium, Denmark, France, Germany, Hungary, Italy, Poland, Portugal, Slovakia, Spain, Switzerland, Turkey, Ukraine, and United Kingdom. Visit www.multi.eu for more information and to download the corporate profile.
