Amsterdam, 19 October 2023

Multi Corporation upgrades Belgian asset Stadsfeestzaal with energy-efficient cooling towers

Amsterdam, October 19th, 2023 – Multi Corporation, a leading European retail management and development company, is pleased to announce a sustainability upgrade at Stadsfeestzaal, a Belgian shopping center in its portfolio.

Multi has invested to replace the old cooling system with energy-efficient cooling towers on the roof of Stadsfeestzaal, emphasizing its commitment to sustainability and cost-effective operations. The upgrade is expected to result in a reduction of energy consumption by an estimated 2.828 kilowatt-hours per year.

Jovan Vaskovski, Senior Operations & ESG Manager of Multi Corporation, remarked on this development, stating: “We are thrilled to announce this sustainability upgrade at Stadsfeestzaal. By investing in energy-efficient cooling towers, we not only reduce our environmental footprint but also optimize our operations, benefiting both customers and stakeholders.”

The installation of the energy-efficient cooling towers is part of Multi Corporation’s broader strategy to reduce its carbon footprint and improve the environmental performance of its assets across Europe and Turkey.

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