NL's Multi pace of mall openings unlikely to slow down, says Mall Management MD Kokkeel

Dutch-based shopping centre developer and investor Multi Corporation is to open 10 new malls before year-end, and there is no sign of the pace slowing, particularly with current plans for Germany, said its Mall Management MD Marcel Kokkeel. He told journalists at the Expo Real 2009 trade fair in Munich that the Dresden Centrum Galerie, opened last month, would be followed by seven more openings in France, Spain, Portugal, Czech Republic, UK, Italy, Netherlands - and two in Turkey. "There is no sign of the pace slowing, and I fully expect that we will be equally busy in 2010," Kokkeel said. The 65,000-sq.m. Dresden centre was the first in Europe awared the British BREAM excellent certification, and Multi is fully focused on sustainable building for all developments. Multi Germany MD Axel Funke said Multi will focus on town centre locations exclusively in the nation going foward.