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Three shopping centres in Spain and Portugal for Multi Corp



Blackstone announces that it has acquired three assets which will be managed by its European retail platform, Multi Corporation.
Blackstone Real Estate Partners Europe IV acquired these shopping centres through the acquisition of the shares of the CG Malls Europe Fund. 

The new additions to the portfolio are: 
Almada Forum, in Lisbon, it's one of the leading shopping centres in Iberia, with 59,000 m2 GLA
Forum Montijo in Montijo, with 41,000 m2 GLA;
Espacio Leon in Northern Spain, which has 37,000 m2 GLA.

Multi is one of Europe’s leading shopping centre owners and managers and owns and manages 25 assets in Portugal and Spain. Jaap Blokhuis, Chief Executive Officer of Multi, said: “These are all high-quality award winning assets originally developed by Multi that we will integrate into our operations in the region. We will use our skills as a leading pan-European operator to further improve their attraction for retailers and local consumers.”


AlmadaForum_article-770x576.jpg

Blackstone’s real estate portfolio includes hotel, office, retail, industrial and residential properties in the US, Europe, Asia and Latin America. Major holdings include Hilton Worldwide, Invitation Homes (single family homes), Logicor (pan-European logistics), SCP (Chinese shopping malls), and prime office buildings in the world’s major cities.

More about shopping malls in Portugal



TODAY, Taiwan:
Dutch studio MVRDV has transformed an abandoned shopping center in Taiwan into an unusual public space.
TODAY, Israel:
In Israel, a national quarantine begins to operate again from September 18, 2020.
TODAY, Sweden:
Shoppers will select goods from different stores in the mall on one website and then pick them up conveniently.
YESTERDAY, Spain:
The outlet begins its countdown and fires the starting signal during the "Digital Lighting" event.
YESTERDAY, China:
Maison Martell officially opened L'Atelier Martell Shenzhen - a luxury boutique where you can taste and buy exclusive varieties of cognac.
YESTERDAY, USA:
The new retail store layout is expected to be very convenient for quickly and safely receiving online orders.
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