Lisbon/Amsterdam, 30 July 2019
Multi Portugal, part of Multi Corporation, a leading pan-European integrated service platform for retail real estate assets in Europe and Turkey, has been awarded the property management of B Planet shopping centre and retail park as per 1 May 2019. This latest mandate continues Multi’s successful expansion in the field of external service mandates.
B Planet joins the 12 retail real estate assets in Multi Portugal’s management portfolio. Currently, the company manages six shopping centres, seven retail parks, and two office parks in Portugal, consisting of more than 400,000 sq.m GLA retail space visited by around 90 million people annually. This new property management mandate reinforces Multi’s leading position as a shopping centre and retail park management company in Portugal.
B Planet is strategically located in Coina, Barreiro, in the centre of the Setúbal Peninsula, and benefits from the confluence of the A2 highway and the N10 national road, which provides connections to other urban areas such as Almada and Setúbal. The retail centre has a gross floor space of 35,300 sq.m and offers 73 shops and restaurants in an attractive environment with inviting green spaces. Anchor tenants include McDonald’s, Decathlon, Aki, Popular Radio, Norauto and the Auchan group’s Jumbo Hypermarket. The centre has 1,750 free parking spaces and a gas station.