Following from last week’s British Council for Shopping Centres’ (BCSC) Annual Conference and Showcase which took place last week in Manchester, the Southgate scale model is now in Cannes, France on display at Multi Development’s exhibition stand at the prestigious MAPIC (the International Market for Real Estate)
One of Europe’s most prestigious exhibition markets, MAPIC takes place from 15th – 17th November and this year’s conference has attracted over 11,000 delegates and exhibitors from across Europe. Over 1,500 retailers attend who are actively seeking new opportunities in local and international development.
Exhibiting at major retail property conferences in the UK and Europe is key to Multi achieving its tenant mix strategy for Southgate. Multi has already secured Debenhams department store to anchor Southgate and is seeking to introduce other new European brands to the scheme in Bath.
Multi Development UK together with joint venture partners Morley Fund Management are working with Bath and North East Somerset Council on the £350m regeneration scheme in the centre of Bath. Upon completion in 2011, the Southgate scheme will significantly improve Bath’s retail offer with 37,567 m² (404,221 sq ft) of prime retail space including Debenhams department store, 3,522 m² (37,897 sq ft) of leisure space, 2,278 m² (24,511 sq ft) of restaurant space and over 90 residential units. In addition, a modern integrated transport hub including a state-of-the-art bus station and new underground car parking facilities (724 spaces) will be created.
In the UK Multi have three inner-city regeneration schemes underway: Victoria Square in Belfast, Summer Row in Wolverhampton and Southgate in Bath. Multi also has over 46 other projects in the development pipeline or under construction across Europe. Multi Development has been active in city centre regeneration for the past 25 years and has delivered over 110 schemes to date, many of which have won prestigious international awards.
It is anticipated that construction will commence on-site in the New Year.
Profile Multi Corporation / Development
Multi Corporation (formerly AM Development) comprises a group of companies carrying out various disciplines throughout Europe in property development, investment, asset management and mall management. With a Morgan Stanley Real Estate Fund as its new financial partner, Multi has strengthened its position to become an investing developer and move forward on its path to further growth. Multi’s strategy is and remains focused on developing projects in European countries where significant growth is expected.
Multi Development (formerly AM) develops large-scale mixed-use shopping centres, inner-city regeneration projects and offices that are innovative and appealing. The ‘Design & Development’ formula strongly focuses on design quality and Multi has its own design group - T+T Design - for urban development and architectural concepts. Multi’s projects are internationally recognized for their original and innovative nature, quality of architectural character and profound sensitivity to the blending of urban design. Our developments regularly act as the engine for regenerating a city or region. By respecting the uniqueness of the local culture and market we develop projects with which people can easily identify. Each time, our objective is to create an environment that captivates people.
Multi Development’s activities in 18 countries in Europe are conducted from offices in The Netherlands (head-office), Belgium, United Kingdom, France, Germany, Czech Republic, Poland, Spain, Portugal, Italy, Greece, and Turkey.
In the UK Multi have three inner-city regeneration schemes underway: Victoria Square in Belfast, Summer Row in Wolverhampton and Southgate in Bath.