Multiplan plans, develops and manages its projects for lease. Currently, the Company manages 19 out of its 20 shopping centers and the two commercial towers in which it owns a stake.
Benefits: it gives the Company the ability to adapt quickly to new trends, making Multiplan’s assets constantly improving.
Expansions and intensive mix changes focused on the consumer strengthen the assets over the long term.
Benefits: in addition to being strategically located in the growth vector of the cities, the Company’s assets are designed with a potential for future expansions right from birth. Moreover, the decisions made by the Company’s executives regarding the operational management of the assets are based on the potential long-term benefits, in detriment to short-term gains.
As of its founding, Multiplan prioritized the development of its own projects, creating true shopping center industry icons. The Company developed more than 90% of the Gross Leasable Area (GLA) held.
Benefits: Multiplan takes advantage of its long managerial experience to develop assets that best fit the profile of the public and the region, promoting a faster maturation period for its shopping centers.
The development of real estate projects linked to shopping centers creates synergies and benefits for the entire complex.
Benefits: value creation for the shopping centers and for other enterprises in its vicinity, besides the presence of the public during all the periods of the week.
Brazil’s Leading Shopping Center Portfolio
The Company has a portfolio of shopping centers notable for their extremely strong and consolidated tenant mix, with assets strategically located in prime areas close to regions that contain offices and residences, where its target audiences are concentrated.
Benefits: the quality and homogeneity of the Company’s assets boost the interest of good store operators in our shopping centers, whose presence further enhances our assets, establishing a virtuous cycle for the portfolio.
The Company’s executive team, on average, has more than 30 years of experience in shopping centers and the residential & commercial real estate development sectors. This experience is reflected in the success that Multiplan adapts itself and anticipates solutions when faced with dynamic scenarios of competition.
Benefits: team experienced in overcoming crises, enabling smooth alignment with the Company’s long-term strategy.