Transaction / Assets Seller Buyer € MM
Blackstone acquires Multi Corporation, managing company of 56 malls.
The property fund Blackstone has acquired the Dutch company Multi Corporation, who owns or manages 56 malls, seven of them located in Spain. The purchase affects Espacio Coruña, Modoo (Oviedo), Espacio Cañaveral and Torrelodones in Madrid, Espacio Mediterráneo in Cartagena, Espacio Leon and the one in Girona. The other malls managed by Multi are located in twelve European countries, including Turkey. Their total staff exceeds 500 people.