Multi Development UK - Appointment - Belfast, Multi Celebrates Sceptre Award

Date: 04 Jul 2007

Multi Development UK have been awarded Developer of the Year - Runner Up at the recent 2007 SCEPTRE Awards. The SCEPTRE Awards organised by the national property and retail publication "Shopping Centre", reward and highlight best practice in the shopping centre industry. The prestigious award was presented to Vic Michel, Multi Development's Technical Director at the Dorchester, Park Lane London on 20th June. Commenting on the award, Vic Michel said that, "receiving this accolade is a tremendous endorsement from our colleagues in the retail property industry. This award highlights Multi's excellence in terms of our contribution to the shopping centre industry."

The award recognises Multi Development's portfolio of inner-city regeneration projects underway in the UK and Ireland, which represents an investment value of over £1bn. Victoria Square, Belfast will be Multi Development's first to open in the UK and Ireland in March 2008. The scheme, anchored by House of Fraser, will be the most tangible sign yet of Belfast's renaissance. With 800,000 sq ft of retail over three floors and an iconic 35m dome towering over the site, the project will set new standards for development in Northern Ireland. Multi Development's other UK retail led regeneration developments include Summer Row in Wolverhampton and SouthGate in Bath.

Profile Multi Development
Multi Development is a subsidiary of Multi Corporation, a leading company in Europe in the field of developing, owning and operating quality shopping centres, offices and mixed-use projects through its subsidiaries Multi Development, Multi Investment, Multi Asset Management and Multi Mall Management. With the backing of a Morgan Stanley Real Estate Fund, Multi combines financial strength and investment capacity with its experience and proven track record as a developer of sustainable high quality projects. Multi is strongly committed to further growth and its strategy continues to be to carry out developments and investments in European countries where there is significant potential.

Across Europe, Multi's inner city projects, shopping centres and business parks appeal to the imagination. The company's 'Design & Development' formula places high priority on design quality. Multi's own design group, T+T Design, works out all the planning, design and architectural concepts for its developments. Multi's developments have achieved international recognition for their innovative nature, architectural flair, and urban connectivity. Its projects often act as the engine for the regeneration of an entire city or region. The company's respect for local culture and style is paramount, and this makes it easy for people to connect with its projects with a sense of place.

Multi is active in 20 European countries. The company's head office is in The Netherlands and it has offices in Belgium, Bulgaria, Czech Republic, France, Germany, Greece, Italy, Luxembourg, Poland, Portugal, Romania, Slovakia, Spain, Turkey, Ukraine and the United Kingdom.

In the UK, Multi Development has 3 inner-city regeneration projects underway worth over £1bn; Victoria Square in Belfast (open Spring 2008); Summer Row (50,000 m²), Wolverhampton (open 2010); SouthGate (40,000 m²), Bath (open 2010).

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