Blackstone Real Estate funds acquires Multi Corporation.

Author:Tucker, Michael
Position:Commercial
 
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* Blackstone Real Estate, London, has acquired Multi Corporation, Gouda, The Netherlands.

Multi Corporation owns, manages, develops and redevelops shopping centers across Europe. The firm owns or manages 56 shopping centers in Europe and Thrkey with more than 330 million visitors per year.

Dick van Well, formerly chairman of Multi Corporation's supervisory board, joined the management board as chairman. Heino Vink and Mark van den Berg will continue to serve on the company's management board.

Founded in 1991, Blackstone's real estate business has more than...

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